National Vision Holdings, Inc. (NASDAQ:EYE) Position Raised by Penn Capital Management Company LLC

Penn Capital Management Company LLC grew its holdings in shares of National Vision Holdings, Inc. (NASDAQ:EYE - Free Report) by 26.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 479,896 shares of the company's stock after buying an additional 99,244 shares during the quarter. Penn Capital Management Company LLC owned 0.61% of National Vision worth $5,001,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Stifel Financial Corp lifted its position in shares of National Vision by 38.8% during the third quarter. Stifel Financial Corp now owns 33,443 shares of the company's stock worth $365,000 after purchasing an additional 9,342 shares in the last quarter. Geode Capital Management LLC lifted its stake in shares of National Vision by 2.5% in the third quarter. Geode Capital Management LLC now owns 1,900,371 shares of the company's stock worth $20,737,000 after acquiring an additional 45,754 shares in the last quarter. Franklin Resources Inc. boosted its holdings in National Vision by 7.9% in the third quarter. Franklin Resources Inc. now owns 32,708 shares of the company's stock valued at $357,000 after purchasing an additional 2,404 shares during the last quarter. GAMMA Investing LLC grew its stake in National Vision by 309.2% during the 4th quarter. GAMMA Investing LLC now owns 4,906 shares of the company's stock valued at $51,000 after purchasing an additional 3,707 shares in the last quarter. Finally, Crossmark Global Holdings Inc. raised its position in shares of National Vision by 4.0% in the 4th quarter. Crossmark Global Holdings Inc. now owns 28,676 shares of the company's stock valued at $298,000 after purchasing an additional 1,100 shares in the last quarter.

National Vision Stock Performance

Shares of NASDAQ:EYE traded up $0.12 during trading on Tuesday, reaching $12.43. 622,458 shares of the company's stock traded hands, compared to its average volume of 1,650,659. The stock has a market capitalization of $978.88 million, a P/E ratio of -62.07, 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 $18.68. The company has a 50 day moving average of $12.09 and a 200-day moving average of $11.48. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.57 and a quick ratio of 0.37.

Analysts Set New Price Targets

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