Fiera Capital Corp Takes Position in National Vision Holdings, Inc. $EYE

Fiera Capital Corp purchased a new position in National Vision Holdings, Inc. (NASDAQ:EYE) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 1,089,535 shares of the company’s stock, valued at approximately $25,070,000. Fiera Capital Corp owned approximately 1.38% of National Vision as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Meeder Asset Management Inc. acquired a new position in shares of National Vision in the 1st quarter valued at approximately $35,000. Smartleaf Asset Management LLC increased its stake in shares of National Vision by 69.3% in the first quarter. Smartleaf Asset Management LLC now owns 3,004 shares of the company’s stock worth $39,000 after buying an additional 1,230 shares during the last quarter. IFP Advisors Inc acquired a new stake in National Vision in the second quarter valued at $83,000. USA Financial Formulas bought a new position in National Vision during the 2nd quarter valued at $128,000. Finally, Teza Capital Management LLC acquired a new position in National Vision during the 1st quarter worth $142,000.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on EYE shares. UBS Group increased their price target on shares of National Vision from $30.00 to $32.00 and gave the stock a “buy” rating in a research report on Thursday, November 6th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of National Vision in a report on Wednesday, October 8th. The Goldman Sachs Group lifted their target price on National Vision from $17.00 to $22.00 and gave the stock a “neutral” rating in a research report on Thursday, August 7th. Wall Street Zen lowered National Vision from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. Finally, Barclays reduced their price objective on National Vision from $30.00 to $28.00 and set an “overweight” rating on the stock in a research note on Thursday, August 7th. Six analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $24.91.

Insider Transactions at National Vision

In other news, Chairman L Reade Fahs sold 137,400 shares of the business’s stock in a transaction on Thursday, August 28th. The shares were sold at an average price of $24.33, for a total transaction of $3,342,942.00. Following the completion of the transaction, the chairman owned 544,795 shares of the company’s stock, valued at approximately $13,254,862.35. The trade was a 20.14% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders own 2.70% of the company’s stock.

National Vision Stock Down 4.3%

NASDAQ:EYE opened at $23.67 on Friday. The company has a current ratio of 0.53, a quick ratio of 0.32 and a debt-to-equity ratio of 0.28. The stock has a 50 day moving average of $25.96 and a 200-day moving average of $23.22. The firm has a market capitalization of $1.88 billion, a PE ratio of -788.74, a price-to-earnings-growth ratio of 2.62 and a beta of 1.33. National Vision Holdings, Inc. has a 52 week low of $9.93 and a 52 week high of $29.59.

National Vision (NASDAQ:EYE) last announced its quarterly earnings results on Wednesday, November 5th. The company reported $0.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.12 by $0.01. The business had revenue of $487.33 million for the quarter, compared to the consensus estimate of $472.98 million. National Vision had a positive return on equity of 3.58% and a negative net margin of 0.12%.The business’s revenue was up 7.9% on a year-over-year basis. During the same quarter last year, the business posted $0.12 EPS. National Vision has set its FY 2025 guidance at 0.620-0.700 EPS. Analysts predict that National Vision Holdings, Inc. will post 0.31 EPS for the current year.

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.