Nebula Research & Development LLC Lowers Stock Holdings in National Vision Holdings, Inc. (NASDAQ:EYE)

Nebula Research & Development LLC reduced its position in National Vision Holdings, Inc. (NASDAQ:EYE - Free Report) by 44.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 41,789 shares of the company's stock after selling 32,959 shares during the quarter. Nebula Research & Development LLC owned approximately 0.05% of National Vision worth $435,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. lifted its stake in National Vision by 1.6% in the 4th quarter. Vanguard Group Inc. now owns 10,411,838 shares of the company's stock worth $108,491,000 after purchasing an additional 167,735 shares in the last quarter. Victory Capital Management Inc. boosted its position in shares of National Vision by 13.1% during the 4th quarter. Victory Capital Management Inc. now owns 78,244 shares of the company's stock valued at $815,000 after acquiring an additional 9,038 shares during the last quarter. GAMMA Investing LLC grew its holdings in shares of National Vision by 309.2% in the fourth 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. Principal Financial Group Inc. increased its position in National Vision by 3.0% in the fourth quarter. Principal Financial Group Inc. now owns 382,016 shares of the company's stock worth $3,981,000 after purchasing an additional 11,281 shares during the last quarter. Finally, Franklin Resources Inc. raised its stake in National Vision by 7.9% during 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 in the last quarter.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. Morgan Stanley cut 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 report on Tuesday, January 21st. Citigroup lifted their target price on National Vision from $12.00 to $13.00 and gave the company a "neutral" rating in a research note on Friday, March 7th. Wells Fargo & Company boosted their target price 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 boosted their price target on National Vision from $12.00 to $14.00 and gave the company an "equal weight" rating in a research note on Monday, March 3rd. Five investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $14.00.

National Vision Stock Up 1.9 %

Shares of EYE traded up $0.24 during midday trading on Friday, reaching $13.14. The stock had a trading volume of 2,048,427 shares, compared to its average volume of 1,672,223. National Vision Holdings, Inc. has a 1-year low of $9.56 and a 1-year high of $18.68. The company has a market cap of $1.04 billion, a price-to-earnings ratio of -65.70, a PEG ratio of 3.27 and a beta of 1.02. 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's fifty day simple moving average is $12.16 and its two-hundred day simple moving average is $11.53.

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.