Maven Securities LTD Has $1.93 Million Position in National Vision Holdings, Inc. $EYE

Maven Securities LTD increased its stake in shares of National Vision Holdings, Inc. (NASDAQ:EYE) by 236.5% during the second quarter, HoldingsChannel reports. The institutional investor owned 101,348 shares of the company’s stock after buying an additional 71,233 shares during the quarter. Maven Securities LTD’s holdings in National Vision were worth $1,927,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Kestra Advisory Services LLC acquired a new stake in shares of National Vision during the 4th quarter worth $28,000. Versant Capital Management Inc raised its stake in National Vision by 96.2% in the second quarter. Versant Capital Management Inc now owns 1,789 shares of the company’s stock valued at $34,000 after purchasing an additional 877 shares in the last quarter. Public Employees Retirement System of Ohio acquired a new position in National Vision in the second quarter valued at about $38,000. EverSource Wealth Advisors LLC lifted its position in National Vision by 176.8% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,614 shares of the company’s stock worth $42,000 after purchasing an additional 1,031 shares during the period. Finally, Caitong International Asset Management Co. Ltd bought a new stake in National Vision during the fourth quarter worth about $47,000.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. Morgan Stanley reduced their price objective on shares of National Vision from $22.00 to $21.00 and set an “equal weight” rating on the stock in a research note on Thursday, August 13th. Weiss Ratings downgraded shares of National Vision from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, August 25th. Wells Fargo & Company reduced their price target on shares of National Vision from $30.00 to $20.00 and set an “equal weight” rating on the stock in a research report on Thursday, May 14th. Citigroup decreased their price objective on shares of National Vision from $39.00 to $35.00 and set a “buy” rating on the stock in a research note on Thursday, August 13th. Finally, UBS Group lowered their price objective on shares of National Vision from $36.00 to $34.00 and set a “buy” rating for the company in a research report on Thursday, August 13th. Seven investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $30.36.

National Vision Stock Performance

National Vision stock opened at $17.00 on Wednesday. National Vision Holdings, Inc. has a 12-month low of $14.75 and a 12-month high of $30.02. The company has a quick ratio of 0.27, a current ratio of 0.59 and a debt-to-equity ratio of 0.25. The business’s 50-day moving average price is $19.68 and its two-hundred day moving average price is $21.43. The stock has a market cap of $1.34 billion, a PE ratio of 27.87, a P/E/G ratio of 1.32 and a beta of 0.98.

National Vision (NASDAQ:EYE) last issued its earnings results on Wednesday, August 12th. The company reported $0.25 EPS for the quarter, topping the consensus estimate of $0.18 by $0.07. The firm had revenue of $498.81 million during the quarter. National Vision had a return on equity of 6.78% and a net margin of 2.47%.The firm’s revenue was up 2.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.18 EPS. As a group, analysts expect that National Vision Holdings, Inc. will post 0.65 earnings per share for the current fiscal year.

National Vision Company Profile

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.