SG Capital Management LLC Acquires Shares of 1,135,028 National Vision Holdings, Inc. (NASDAQ:EYE)

SG Capital Management LLC bought a new position in National Vision Holdings, Inc. (NASDAQ:EYE - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 1,135,028 shares of the company's stock, valued at approximately $11,827,000. National Vision comprises about 1.1% of SG Capital Management LLC's holdings, making the stock its 24th biggest position. SG Capital Management LLC owned 1.44% of National Vision at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in EYE. Tower Research Capital LLC TRC raised its position in shares of National Vision by 87.5% during the 4th quarter. Tower Research Capital LLC TRC now owns 7,050 shares of the company's stock valued at $73,000 after buying an additional 3,291 shares in the last quarter. Guggenheim Capital LLC acquired a new position in National Vision during the 4th quarter valued at about $150,000. Norges Bank purchased a new stake in National Vision in the fourth quarter valued at approximately $176,000. KLP Kapitalforvaltning AS purchased a new stake in shares of National Vision in the fourth quarter worth about $178,000. Finally, Stoneridge Investment Partners LLC boosted its stake in shares of National Vision by 16.5% during the 4th quarter. Stoneridge Investment Partners LLC now owns 17,511 shares of the company's stock worth $182,000 after acquiring an additional 2,475 shares in the last quarter.

Insider Activity at National Vision

In other National Vision news, SVP Ravi Acharya sold 12,000 shares of National Vision stock in a transaction that occurred on Tuesday, May 13th. The stock was sold at an average price of $18.75, for a total value of $225,000.00. Following the completion of the sale, the senior vice president now directly owns 11,700 shares in the company, valued at approximately $219,375. The trade was a 50.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 2.70% of the stock is owned by company insiders.

National Vision Stock Performance

NASDAQ:EYE traded down $0.68 during mid-day trading on Wednesday, hitting $18.71. 1,062,337 shares of the company's stock traded hands, compared to its average volume of 1,793,960. 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 has a 50 day moving average of $13.25 and a two-hundred day moving average of $12.11. National Vision Holdings, Inc. has a 12 month low of $9.56 and a 12 month high of $19.49. The firm has a market capitalization of $1.48 billion, a price-to-earnings ratio of -93.50, a price-to-earnings-growth ratio of 3.27 and a beta of 1.02.

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

Analysts Set New Price Targets

EYE has been the topic of a number of recent research reports. Loop Capital boosted their price target on shares of National Vision from $18.00 to $20.00 and gave the stock a "buy" rating in a research report on Thursday, May 8th. The Goldman Sachs Group boosted their price objective on National Vision from $13.00 to $17.00 and gave the stock a "neutral" rating in a research note on Friday, May 9th. Barclays upped their target price on National Vision from $14.00 to $17.00 and gave the company an "equal weight" rating in a report on Monday, May 12th. Wells Fargo & Company lifted their price target on National Vision from $13.00 to $15.00 and gave the stock an "equal weight" rating in a report on Thursday, May 8th. Finally, UBS Group upped their price objective on shares of National Vision from $18.00 to $20.00 and gave the company a "buy" rating in a report on Thursday, May 8th. Five investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $17.75.

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.