Emerald Mutual Fund Advisers Trust Reduces Position in National Vision Holdings, Inc. (NASDAQ:EYE)

Emerald Mutual Fund Advisers Trust lowered its position in shares of National Vision Holdings, Inc. (NASDAQ:EYE - Free Report) by 4.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 482,886 shares of the company's stock after selling 22,558 shares during the period. Emerald Mutual Fund Advisers Trust owned about 0.61% of National Vision worth $5,032,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Vanguard Group Inc. boosted its position in National Vision by 1.6% during the fourth quarter. Vanguard Group Inc. now owns 10,411,838 shares of the company's stock valued at $108,491,000 after purchasing an additional 167,735 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in National Vision by 0.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 3,702,371 shares of the company's stock valued at $38,577,000 after purchasing an additional 30,235 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its stake in National Vision by 81.5% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 2,308,375 shares of the company's stock valued at $24,053,000 after purchasing an additional 1,036,459 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of National Vision by 12.1% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,583,131 shares of the company's stock worth $16,496,000 after buying an additional 170,839 shares during the last quarter. Finally, Boston Partners acquired a new stake in shares of National Vision during the fourth quarter worth $12,594,000.

National Vision Price Performance

Shares of EYE stock traded up $0.24 during trading hours on Friday, hitting $13.14. 2,048,427 shares of the company's stock were exchanged, compared to its average volume of 1,672,222. The firm has a market cap of $1.04 billion, a P/E ratio of -65.70, a P/E/G ratio of 3.27 and a beta of 1.22. The firm has a 50 day moving average of $12.12 and a two-hundred day moving average of $11.51. 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 Holdings, Inc. has a fifty-two week low of $9.56 and a fifty-two week high of $18.68.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. Barclays raised their target price on National Vision from $12.00 to $14.00 and gave the stock an "equal weight" rating in a research note on Monday, March 3rd. Morgan Stanley decreased their target price on National Vision from $14.00 to $13.00 and set an "equal weight" rating for the company in a report on Tuesday, January 21st. Citigroup increased their price target on shares of National Vision from $12.00 to $13.00 and gave the stock a "neutral" rating in a report on Friday, March 7th. Finally, Wells Fargo & Company increased their price target on National Vision from $12.00 to $13.00 and gave the stock an "equal weight" rating in a research report on Thursday, February 27th. Five investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $14.00.

About National Vision

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.