HighTower Advisors LLC Takes $1.71 Million Position in National Vision Holdings, Inc. $EYE

HighTower Advisors LLC acquired a new position in shares of National Vision Holdings, Inc. (NASDAQ:EYE) in the third quarter, Holdings Channel reports. The institutional investor acquired 58,652 shares of the company’s stock, valued at approximately $1,712,000.

A number of other large investors also recently bought and sold shares of EYE. American Century Companies Inc. increased its position in shares of National Vision by 2,030.3% during the second quarter. American Century Companies Inc. now owns 3,495,751 shares of the company’s stock valued at $80,437,000 after acquiring an additional 3,331,657 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its holdings in National Vision by 11.8% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 2,857,635 shares of the company’s stock valued at $65,754,000 after purchasing an additional 301,584 shares during the last quarter. Bank of America Corp DE raised its holdings in shares of National Vision by 127.9% in the 2nd quarter. Bank of America Corp DE now owns 1,965,856 shares of the company’s stock valued at $45,234,000 after buying an additional 1,103,213 shares during the period. Fiera Capital Corp acquired a new stake in shares of National Vision during the second quarter worth about $25,070,000. Finally, Emerald Mutual Fund Advisers Trust lifted its holdings in National Vision by 15.5% during the 3rd quarter. Emerald Mutual Fund Advisers Trust now owns 966,266 shares of the company’s stock worth $28,205,000 after buying an additional 129,907 shares in the last quarter.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. Wall Street Zen downgraded shares of National Vision from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. Citigroup increased their price target on shares of National Vision from $29.00 to $35.00 and gave the stock a “buy” rating in a research note on Tuesday, November 18th. Weiss Ratings reiterated a “sell (d-)” rating on shares of National Vision in a research note on Thursday, January 22nd. Barclays upped their price objective on National Vision from $28.00 to $30.00 and gave the company an “overweight” rating in a research note on Tuesday, November 18th. Finally, Zacks Research upgraded National Vision from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 20th. Two equities research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $29.00.

National Vision Trading Down 1.1%

Shares of EYE stock opened at $26.97 on Friday. The business’s fifty day moving average price is $27.26 and its 200 day moving average price is $26.44. The firm has a market capitalization of $2.14 billion, a PE ratio of -898.70, a P/E/G ratio of 1.54 and a beta of 1.39. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.53 and a quick ratio of 0.32. National Vision Holdings, Inc. has a 1-year low of $10.45 and a 1-year high of $30.02.

About National Vision

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.