Vanguard Group Inc. Acquires 167,735 Shares of National Vision Holdings, Inc. (NASDAQ:EYE)

Vanguard Group Inc. boosted its holdings in National Vision Holdings, Inc. (NASDAQ:EYE - Free Report) by 1.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,411,838 shares of the company's stock after acquiring an additional 167,735 shares during the period. Vanguard Group Inc. owned about 13.22% of National Vision worth $108,491,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of EYE. Quarry LP acquired a new stake in shares of National Vision in the third quarter valued at approximately $43,000. GAMMA Investing LLC increased its position in National Vision by 309.2% in the 4th quarter. GAMMA Investing LLC now owns 4,906 shares of the company's stock valued at $51,000 after acquiring an additional 3,707 shares during the period. KLP Kapitalforvaltning AS bought a new stake in National Vision during the 4th quarter valued at $178,000. Stoneridge Investment Partners LLC boosted its position in National Vision by 16.5% during the 4th quarter. Stoneridge Investment Partners LLC now owns 17,511 shares of the company's stock worth $182,000 after acquiring an additional 2,475 shares during the period. Finally, SG Americas Securities LLC bought a new position in shares of National Vision in the fourth quarter worth $207,000.

Wall Street Analyst Weigh In

EYE has been the subject of several research analyst reports. Morgan Stanley reduced their price objective on shares of National Vision from $14.00 to $13.00 and set an "equal weight" rating for the company in a report on Tuesday, January 21st. Barclays raised their price objective on shares of National Vision from $12.00 to $14.00 and gave the company an "equal weight" rating in a research note on Monday, March 3rd. Citigroup upped their target price on National Vision from $12.00 to $13.00 and gave the stock a "neutral" rating in a research report on Friday, March 7th. Finally, Wells Fargo & Company lifted their price target on National Vision from $12.00 to $13.00 and gave the company an "equal weight" rating in a research report on Thursday, February 27th. Five analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $14.00.

National Vision Price Performance

NASDAQ:EYE traded up $0.04 during trading hours on Friday, reaching $11.54. 1,542,356 shares of the company's stock were exchanged, compared to its average volume of 1,615,625. The company has a market capitalization of $909.16 million, a P/E ratio of -57.70, a price-to-earnings-growth ratio of 3.27 and a beta of 1.22. National Vision Holdings, Inc. has a 12 month low of $9.56 and a 12 month high of $20.14. The business's 50-day simple moving average is $12.14 and its two-hundred day simple moving average is $11.38. The company has a quick ratio of 0.37, a current ratio of 0.57 and a debt-to-equity ratio of 0.30.

National Vision Company Profile

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.