Versor Investments LP Sells 27,426 Shares of National Vision Holdings, Inc. (NASDAQ:EYE)

Versor Investments LP decreased its stake in National Vision Holdings, Inc. (NASDAQ:EYE) by 52.5% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 24,834 shares of the company’s stock after selling 27,426 shares during the period. Versor Investments LP’s holdings in National Vision were worth $271,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in the stock. Vanguard Group Inc. raised its position in National Vision by 0.3% in the first quarter. Vanguard Group Inc. now owns 8,908,511 shares of the company’s stock worth $197,413,000 after acquiring an additional 25,982 shares during the period. Clearbridge Investments LLC raised its position in shares of National Vision by 4.2% in the first quarter. Clearbridge Investments LLC now owns 4,511,738 shares of the company’s stock valued at $99,980,000 after purchasing an additional 182,504 shares during the period. Dimensional Fund Advisors LP raised its position in shares of National Vision by 28.3% in the second quarter. Dimensional Fund Advisors LP now owns 2,975,854 shares of the company’s stock valued at $38,952,000 after purchasing an additional 656,656 shares during the period. D. E. Shaw & Co. Inc. raised its position in shares of National Vision by 115.7% in the second quarter. D. E. Shaw & Co. Inc. now owns 2,479,245 shares of the company’s stock valued at $32,453,000 after purchasing an additional 1,330,023 shares during the period. Finally, Marshall Wace LLP raised its position in shares of National Vision by 85.6% in the second quarter. Marshall Wace LLP now owns 1,761,767 shares of the company’s stock valued at $23,062,000 after purchasing an additional 812,513 shares during the period.

National Vision Stock Performance

National Vision stock opened at $11.03 on Friday. The firm’s 50 day simple moving average is $10.54 and its 200 day simple moving average is $12.41. The company has a current ratio of 0.57, a quick ratio of 0.37 and a debt-to-equity ratio of 0.30. The firm has a market capitalization of $868.61 million, a PE ratio of -55.15, a price-to-earnings-growth ratio of 2.89 and a beta of 1.42. National Vision Holdings, Inc. has a 1-year low of $9.56 and a 1-year high of $24.11.

National Vision (NASDAQ:EYE) last posted its earnings results on Wednesday, November 6th. The company reported $0.12 earnings per share for the quarter, topping analysts’ consensus estimates of $0.06 by $0.06. The business had revenue of $451.50 million for the quarter, compared to analyst estimates of $451.13 million. National Vision had a negative net margin of 0.81% and a positive return on equity of 3.52%. National Vision’s revenue was down 15.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.09 EPS. As a group, analysts expect that National Vision Holdings, Inc. will post 0.27 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on EYE. UBS Group lowered their price target on shares of National Vision from $20.00 to $18.00 and set a “buy” rating on the stock in a research report on Thursday, August 8th. Barclays lowered their price target on shares of National Vision from $16.00 to $11.00 and set an “equal weight” rating on the stock in a research report on Thursday, August 8th. Finally, The Goldman Sachs Group lowered their price target on shares of National Vision from $20.00 to $13.00 and set a “neutral” rating on the stock in a research report on Friday, August 9th.

National Vision 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.