Hsbc Holdings PLC trimmed its stake in National Vision Holdings, Inc. (NASDAQ:EYE - Free Report) by 55.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 60,218 shares of the company's stock after selling 74,947 shares during the period. Hsbc Holdings PLC owned approximately 0.08% of National Vision worth $633,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also bought and sold shares of the company. Crossmark Global Holdings Inc. lifted its position in National Vision by 4.0% during the fourth quarter. Crossmark Global Holdings Inc. now owns 28,676 shares of the company's stock valued at $298,000 after buying an additional 1,100 shares during the period. Wells Fargo & Company MN raised its position in National Vision by 3.2% in the 4th quarter. Wells Fargo & Company MN now owns 45,211 shares of the company's stock worth $471,000 after buying an additional 1,394 shares during the last quarter. Stoneridge Investment Partners LLC grew its stake in shares of National Vision by 16.5% during the 4th quarter. Stoneridge Investment Partners LLC now owns 17,511 shares of the company's stock valued at $182,000 after purchasing an additional 2,475 shares during the period. Tower Research Capital LLC TRC grew its stake in shares of National Vision by 87.5% during the 4th quarter. Tower Research Capital LLC TRC now owns 7,050 shares of the company's stock valued at $73,000 after purchasing an additional 3,291 shares during the period. Finally, Linden Thomas Advisory Services LLC grew its stake in shares of National Vision by 15.6% during the 4th quarter. Linden Thomas Advisory Services LLC now owns 27,478 shares of the company's stock valued at $286,000 after purchasing an additional 3,705 shares during the period.
National Vision Stock Up 2.9%
NASDAQ EYE traded up $0.49 during trading on Friday, hitting $17.17. The company's stock had a trading volume of 4,108,561 shares, compared to its average volume of 1,742,921. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.57 and a quick ratio of 0.37. The company has a market cap of $1.36 billion, a PE ratio of -85.85, a P/E/G ratio of 3.27 and a beta of 1.02. The business's 50 day simple moving average is $12.42 and its 200-day simple moving average is $11.74. National Vision Holdings, Inc. has a fifty-two week low of $9.56 and a fifty-two week high of $17.26.
National Vision (NASDAQ:EYE - Get Free Report) last released its earnings results on Wednesday, May 7th. The company reported $0.34 EPS for the quarter, topping analysts' consensus estimates of $0.32 by $0.02. National Vision had a positive return on equity of 3.52% and a negative net margin of 0.81%. The firm had revenue of $510.32 million during the quarter, compared to the consensus estimate of $510.30 million. During the same quarter in the previous year, the company posted $0.32 earnings per share. The company's revenue was up 5.7% compared to the same quarter last year. On average, equities analysts anticipate that National Vision Holdings, Inc. will post 0.31 EPS for the current fiscal year.
Wall Street Analyst Weigh In
A number of research firms recently commented on EYE. Bank of America raised National Vision from an "underperform" rating to a "buy" rating in a report on Wednesday. Citigroup upgraded National Vision from a "neutral" rating to a "buy" rating and raised their price target for the stock from $13.00 to $21.00 in a research report on Friday. Barclays raised their price target on National Vision from $12.00 to $14.00 and gave the stock an "equal weight" rating in a research report on Monday, March 3rd. Wells Fargo & Company increased their target price on National Vision from $13.00 to $15.00 and gave the stock an "equal weight" rating in a research note on Thursday. Finally, UBS Group raised their price target on National Vision from $18.00 to $20.00 and gave the company a "buy" rating in a research note on Thursday. Four research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $17.14.
View Our Latest Stock Report on National Vision
About National Vision
(
Free Report)
National Vision Holdings, Inc, through its subsidiaries, operates as an optical retailer in the United States. The company operates in two segments, Owned & Host and Legacy. It offers eyeglasses and contact lenses, and optical accessory products; provides eye exams through its America's Best, Eyeglass World, Vista Optical, Fred Meyer, and Vista Optical military, as well as Vision Center branded stores; and offers health maintenance organization and optometric services.
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