Renaissance Technologies LLC Raises Position in National Vision Holdings, Inc. (NASDAQ:EYE)

Renaissance Technologies LLC increased its position in shares of National Vision Holdings, Inc. (NASDAQ:EYE - Free Report) by 38.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 664,900 shares of the company's stock after purchasing an additional 185,300 shares during the quarter. Renaissance Technologies LLC owned approximately 0.84% of National Vision worth $6,928,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. GAMMA Investing LLC increased its stake in National Vision by 309.2% in the 4th quarter. GAMMA Investing LLC now owns 4,906 shares of the company's stock worth $51,000 after purchasing an additional 3,707 shares during the period. Norges Bank purchased a new stake in National Vision during the 4th quarter valued at $176,000. KLP Kapitalforvaltning AS bought a new stake in National Vision in the 4th quarter worth $178,000. Stoneridge Investment Partners LLC increased its position in shares of National Vision by 16.5% in the fourth quarter. Stoneridge Investment Partners LLC now owns 17,511 shares of the company's stock valued at $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 during the fourth quarter valued at about $207,000.

Analyst Ratings Changes

Several analysts have commented on EYE shares. Barclays raised their price objective on shares of National Vision from $12.00 to $14.00 and gave the stock an "equal weight" rating in a report on Monday, March 3rd. Wells Fargo & Company increased their price objective on National Vision from $12.00 to $13.00 and gave the stock an "equal weight" rating in a report on Thursday, February 27th. Morgan Stanley reduced their target price 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. Finally, Citigroup lifted their price target on shares of National Vision from $12.00 to $13.00 and gave the company a "neutral" rating in a research report on Friday, March 7th. Five research analysts have rated the stock with a hold rating and one has given a buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $14.00.

National Vision Stock Performance

NASDAQ:EYE traded up $0.47 during mid-day trading on Thursday, reaching $12.17. The company's stock had a trading volume of 903,605 shares, compared to its average volume of 1,643,683. The company has a current ratio of 0.57, a quick ratio of 0.37 and a debt-to-equity ratio of 0.30. The firm's fifty day moving average price is $12.09 and its two-hundred day moving average price is $11.42. National Vision Holdings, Inc. has a 12-month low of $9.56 and a 12-month high of $18.79. The stock has a market cap of $958.79 million, a P/E ratio of -60.75, a PEG ratio of 3.27 and a beta of 1.22.

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.