WINTON GROUP Ltd Buys 61,770 Shares of National Vision Holdings, Inc. $EYE

WINTON GROUP Ltd raised its stake in shares of National Vision Holdings, Inc. (NASDAQ:EYE) by 131.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 108,753 shares of the company’s stock after purchasing an additional 61,770 shares during the period. WINTON GROUP Ltd owned 0.14% of National Vision worth $2,067,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new stake in shares of National Vision in the second quarter worth $230,295,000. William Blair Investment Management LLC bought a new stake in National Vision during the second quarter valued at about $90,248,000. Wellington Management Group LLP boosted its holdings in National Vision by 1,242.5% during the third quarter. Wellington Management Group LLP now owns 4,532,200 shares of the company’s stock valued at $132,295,000 after acquiring an additional 4,194,614 shares during the period. California State Teachers Retirement System grew its position in shares of National Vision by 1,749.6% in the second quarter. California State Teachers Retirement System now owns 1,669,895 shares of the company’s stock valued at $31,745,000 after purchasing an additional 1,579,612 shares during the last quarter. Finally, Bank of America Corp DE grew its position in shares of National Vision by 127.9% in the second quarter. Bank of America Corp DE now owns 1,965,856 shares of the company’s stock valued at $45,234,000 after purchasing an additional 1,103,213 shares during the last quarter.

Wall Street Analyst Weigh In

EYE has been the subject of several research analyst reports. UBS Group cut their price objective on National Vision from $36.00 to $34.00 and set a “buy” rating for the company in a research report on Thursday, August 13th. Weiss Ratings lowered National Vision from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, August 25th. Guggenheim set a $27.00 price target on National Vision in a research report on Friday. Morgan Stanley cut their price target on National Vision from $22.00 to $21.00 and set an “equal weight” rating for the company in a report on Thursday, August 13th. Finally, Citigroup reduced their price objective on National Vision from $39.00 to $35.00 and set a “buy” rating for the company in a research report on Thursday, August 13th. Seven research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $29.82.

National Vision Stock Up 0.9%

Shares of EYE opened at $17.29 on Friday. The company has a 50-day simple moving average of $19.54 and a 200-day simple moving average of $21.26. The firm has a market capitalization of $1.37 billion, a P/E ratio of 28.34, a P/E/G ratio of 1.35 and a beta of 0.98. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.27 and a current ratio of 0.59. National Vision Holdings, Inc. has a 52 week low of $14.75 and a 52 week high of $30.02.

National Vision (NASDAQ:EYE) last released its earnings results on Wednesday, August 12th. The company reported $0.25 earnings per share for the quarter, topping analysts’ consensus estimates of $0.18 by $0.07. National Vision had a return on equity of 6.78% and a net margin of 2.47%.The business had revenue of $498.81 million for the quarter. During the same period last year, the business earned $0.18 earnings per share. The firm’s quarterly revenue was up 2.6% compared to the same quarter last year. On average, equities research analysts expect that National Vision Holdings, Inc. will post 0.65 earnings per share for the current 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.