New York State Common Retirement Fund lessened its position in National Vision Holdings, Inc. (NASDAQ:EYE) by 16.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 223,905 shares of the company’s stock after selling 43,905 shares during the quarter. New York State Common Retirement Fund’s holdings in National Vision were worth $8,562,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the stock. Advisor Group Holdings Inc. purchased a new stake in National Vision during the 1st quarter worth about $27,000. Nisa Investment Advisors LLC acquired a new position in shares of National Vision during the 3rd quarter worth about $76,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of National Vision by 34.2% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,994 shares of the company’s stock worth $244,000 after acquiring an additional 2,035 shares in the last quarter. California State Teachers Retirement System boosted its position in shares of National Vision by 1.9% during the 2nd quarter. California State Teachers Retirement System now owns 121,310 shares of the company’s stock worth $3,702,000 after acquiring an additional 2,285 shares in the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund acquired a new position in shares of National Vision during the 2nd quarter worth about $75,000.

EYE has been the subject of several analyst reports. Berenberg Bank cut National Vision from a “buy” rating to a “hold” rating and set a $42.00 price objective for the company. in a research report on Wednesday. Barclays upped their price objective on National Vision from $42.00 to $53.00 and gave the stock an “overweight” rating in a research report on Friday, November 6th. Jefferies Financial Group upped their target price on National Vision from $39.00 to $46.00 and gave the company a “buy” rating in a research report on Friday, October 9th. BidaskClub raised National Vision from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, September 22nd. Finally, Morgan Stanley upped their target price on National Vision from $37.00 to $48.00 and gave the company an “overweight” rating in a research report on Friday, November 6th. Three equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $41.40.

In other news, CEO L Reade Fahs sold 100,000 shares of the stock in a transaction that occurred on Thursday, November 5th. The stock was sold at an average price of $43.80, for a total transaction of $4,380,000.00. Following the completion of the transaction, the chief executive officer now directly owns 218,037 shares of the company’s stock, valued at approximately $9,550,020.60. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 2.60% of the company’s stock.

EYE opened at $43.47 on Friday. The business has a 50 day moving average price of $42.12 and a two-hundred day moving average price of $34.49. The company has a quick ratio of 1.07, a current ratio of 1.45 and a debt-to-equity ratio of 0.79. The company has a market cap of $3.52 billion, a PE ratio of 1,087.02, a P/E/G ratio of 106.42 and a beta of 1.92. National Vision Holdings, Inc. has a 52 week low of $11.70 and a 52 week high of $50.00.

National Vision (NASDAQ:EYE) last issued its earnings results on Thursday, November 5th. The company reported $0.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.26 by $0.28. The business had revenue of $485.40 million during the quarter, compared to the consensus estimate of $479.66 million. National Vision had a positive return on equity of 0.95% and a negative net margin of 1.85%. The company’s revenue for the quarter was up 12.4% on a year-over-year basis. During the same period in the prior year, the business posted $0.18 EPS. As a group, sell-side analysts expect that National Vision Holdings, Inc. will post 0.12 EPS for the current fiscal year.

National Vision Company Profile

National Vision Holdings, Inc, through its subsidiaries, operates as an optical retailer primarily 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, vision care benefit plan, and optometric services.

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Institutional Ownership by Quarter for National Vision (NASDAQ:EYE)

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