Vanguard Group Inc. Sells 391,408 Shares of National Vision Holdings, Inc. $EYE

Vanguard Group Inc. lowered its stake in National Vision Holdings, Inc. (NASDAQ:EYE) by 3.6% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 10,568,068 shares of the company’s stock after selling 391,408 shares during the period. Vanguard Group Inc. owned 13.34% of National Vision worth $308,482,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in EYE. Asset Management One Co. Ltd. bought a new stake in National Vision in the 3rd quarter worth about $4,090,000. Allianz Asset Management GmbH bought a new stake in shares of National Vision in the third quarter worth approximately $8,390,000. Public Sector Pension Investment Board raised its holdings in shares of National Vision by 14.6% during the third quarter. Public Sector Pension Investment Board now owns 308,942 shares of the company’s stock valued at $9,018,000 after purchasing an additional 39,394 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in National Vision in the third quarter worth approximately $747,000. Finally, Thrivent Financial for Lutherans raised its stake in National Vision by 70.2% during the 2nd quarter. Thrivent Financial for Lutherans now owns 98,442 shares of the company’s stock valued at $2,265,000 after buying an additional 40,599 shares during the last quarter.

Analysts Set New Price Targets

Several brokerages recently commented on EYE. Zacks Research raised National Vision from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 20th. National Bank Financial set a $32.00 target price on National Vision in a research report on Tuesday, December 9th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of National Vision in a research report on Thursday, January 22nd. UBS Group dropped their price objective on shares of National Vision from $41.00 to $39.00 and set a “buy” rating on the stock in a report on Tuesday, November 18th. Finally, Morgan Stanley upped their target price on shares of National Vision from $26.00 to $30.00 and gave the company an “equal weight” rating in a report on Thursday, January 15th. Two investment analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, National Vision currently has an average rating of “Moderate Buy” and an average target price of $29.00.

National Vision Trading Down 1.1%

Shares of National Vision stock opened at $26.97 on Friday. National Vision Holdings, Inc. has a fifty-two week low of $10.45 and a fifty-two week high of $30.02. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.32 and a current ratio of 0.53. The company has a market capitalization of $2.14 billion, a P/E ratio of -898.70, a P/E/G ratio of 1.55 and a beta of 1.39. The company has a fifty day moving average of $27.26 and a 200 day moving average of $26.42.

About National Vision

National Vision Holdings, Inc is an American optical retailer specializing in accessible vision care and eyewear. The company operates under multiple retail banners, offering comprehensive eye health services and a wide range of optical products. Since its founding in the early 1990s, National Vision has focused on providing value-driven solutions, targeting underserved and price‐conscious consumer segments.

Through its primary retail brands—including America’s Best Contacts & Eyeglasses, Eyeglass World, Optical America and Vista Optical—National Vision delivers services such as comprehensive eye examinations, prescription eyewear, contact lenses, sunglasses and lens accessories.