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

Vanguard Group Inc. trimmed its stake in shares of National Vision Holdings, Inc. (NASDAQ:EYE) by 3.6% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 10,568,068 shares of the company’s stock after selling 391,408 shares during the period. Vanguard Group Inc. owned 0.13% of National Vision worth $308,482,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Geneos Wealth Management Inc. purchased a new stake in National Vision in the 3rd quarter worth $29,000. Elevation Point Wealth Partners LLC bought a new stake in shares of National Vision in the second quarter worth about $35,000. Canada Pension Plan Investment Board lifted its position in shares of National Vision by 333.3% in the second quarter. Canada Pension Plan Investment Board now owns 3,900 shares of the company’s stock worth $90,000 after buying an additional 3,000 shares in the last quarter. LSV Asset Management bought a new position in National Vision during the third quarter valued at approximately $93,000. Finally, Smartleaf Asset Management LLC increased its stake in National Vision by 14.7% in the 3rd quarter. Smartleaf Asset Management LLC now owns 3,431 shares of the company’s stock worth $100,000 after acquiring an additional 440 shares during the last quarter.

National Vision Stock Performance

Shares of National Vision stock opened at $26.97 on Friday. The stock’s fifty day moving average is $27.26 and its two-hundred day moving average is $26.42. The company has a market capitalization of $2.14 billion, a PE ratio of -898.70, a price-to-earnings-growth ratio of 1.55 and a beta of 1.39. The company has a quick ratio of 0.32, a current ratio of 0.53 and a debt-to-equity ratio of 0.28. National Vision Holdings, Inc. has a 52 week low of $10.45 and a 52 week high of $30.02.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Weiss Ratings reiterated a “sell (d-)” rating on shares of National Vision in a research report on Thursday, January 22nd. Wall Street Zen lowered shares of National Vision from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. Guggenheim upgraded shares of National Vision to a “strong-buy” rating in a research report on Wednesday, December 10th. UBS Group lowered their price target on shares of National Vision from $41.00 to $39.00 and set a “buy” rating for the company in a report on Tuesday, November 18th. Finally, Citigroup upped their price objective on National Vision from $29.00 to $35.00 and gave the company a “buy” rating in a research report on Tuesday, November 18th. Two research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $29.00.

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.