217,300 Shares in National Vision Holdings, Inc. (NASDAQ:EYE) Bought by Polar Asset Management Partners Inc.

Polar Asset Management Partners Inc. bought a new stake in National Vision Holdings, Inc. (NASDAQ:EYE - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 217,300 shares of the company's stock, valued at approximately $2,264,000. Polar Asset Management Partners Inc. owned about 0.28% of National Vision at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of EYE. Vanguard Group Inc. lifted its stake in shares of National Vision by 1.6% in the fourth quarter. Vanguard Group Inc. now owns 10,411,838 shares of the company's stock worth $108,491,000 after acquiring an additional 167,735 shares in the last quarter. Victory Capital Management Inc. grew its holdings in National Vision by 13.1% in the 4th quarter. Victory Capital Management Inc. now owns 78,244 shares of the company's stock worth $815,000 after buying an additional 9,038 shares in the last quarter. Principal Financial Group Inc. grew its holdings in National Vision by 3.0% in the 4th quarter. Principal Financial Group Inc. now owns 382,016 shares of the company's stock worth $3,981,000 after buying an additional 11,281 shares in the last quarter. Ieq Capital LLC acquired a new stake in National Vision in the fourth quarter worth approximately $247,000. Finally, Envestnet Asset Management Inc. lifted its position in National Vision by 27.0% in the fourth quarter. Envestnet Asset Management Inc. now owns 65,575 shares of the company's stock worth $683,000 after purchasing an additional 13,955 shares during the period.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the company. Loop Capital increased their price objective on National Vision from $18.00 to $20.00 and gave the company a "buy" rating in a research report on Thursday, May 8th. Bank of America raised shares of National Vision from an "underperform" rating to a "buy" rating in a research report on Wednesday, May 7th. 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 report on Thursday, May 8th. Barclays lifted their target price on National Vision from $14.00 to $17.00 and gave the stock an "equal weight" rating in a research report on Monday, May 12th. Finally, Citigroup raised National Vision from a "neutral" rating to a "buy" rating and lifted their target price for the stock from $13.00 to $21.00 in a research report on Friday, May 9th. Five analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, National Vision currently has an average rating of "Hold" and a consensus price target of $17.75.

National Vision Trading Down 0.0%

EYE traded down $0.01 during trading on Thursday, reaching $18.64. 433,142 shares of the company's stock were exchanged, compared to its average volume of 1,796,556. The company's fifty day moving average price is $13.55 and its 200-day moving average price is $12.20. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.37 and a current ratio of 0.57. National Vision Holdings, Inc. has a fifty-two week low of $9.56 and a fifty-two week high of $19.49. The firm has a market capitalization of $1.47 billion, a PE ratio of -93.25, a P/E/G ratio of 3.27 and a beta of 1.02.

National Vision (NASDAQ:EYE - Get Free Report) last announced its quarterly earnings results on Wednesday, May 7th. The company reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.02. National Vision had a negative net margin of 0.81% and a positive return on equity of 3.52%. The company had revenue of $510.32 million during the quarter, compared to analyst estimates of $510.30 million. During the same quarter in the previous year, the business earned $0.32 EPS. The firm's revenue was up 5.7% on a year-over-year basis. As a group, equities analysts forecast that National Vision Holdings, Inc. will post 0.31 EPS for the current year.

Insider Activity

In other news, SVP Ravi Acharya sold 12,000 shares of the business's stock in a transaction on Tuesday, May 13th. The shares were sold at an average price of $18.75, for a total value of $225,000.00. Following the completion of the transaction, the senior vice president now owns 11,700 shares of the company's stock, valued at $219,375. The trade was a 50.63% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 2.70% of the stock is owned by company insiders.

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.