Crossmark Global Holdings Inc. Takes $301,000 Position in National Vision Holdings, Inc. (NASDAQ:EYE)

Crossmark Global Holdings Inc. bought a new position in shares of National Vision Holdings, Inc. (NASDAQ:EYE) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 27,576 shares of the company’s stock, valued at approximately $301,000.

A number of other institutional investors have also recently added to or reduced their stakes in EYE. ProShare Advisors LLC increased its stake in shares of National Vision by 7.4% in the first quarter. ProShare Advisors LLC now owns 15,674 shares of the company’s stock valued at $347,000 after buying an additional 1,076 shares during the period. State Board of Administration of Florida Retirement System boosted its holdings in National Vision by 14.9% in the first quarter. State Board of Administration of Florida Retirement System now owns 25,481 shares of the company’s stock valued at $565,000 after acquiring an additional 3,300 shares during the last quarter. Vanguard Group Inc. increased its position in National Vision by 0.3% during the 1st quarter. Vanguard Group Inc. now owns 8,908,511 shares of the company’s stock valued at $197,413,000 after purchasing an additional 25,982 shares during the period. Seven Eight Capital LP raised its holdings in National Vision by 6.0% during the 1st quarter. Seven Eight Capital LP now owns 63,974 shares of the company’s stock worth $1,418,000 after purchasing an additional 3,644 shares during the last quarter. Finally, Clearbridge Investments LLC lifted its position in shares of National Vision by 4.2% in the 1st quarter. Clearbridge Investments LLC now owns 4,511,738 shares of the company’s stock worth $99,980,000 after purchasing an additional 182,504 shares during the period.

National Vision Stock Performance

NASDAQ:EYE opened at $11.03 on Monday. The company has a quick ratio of 0.37, a current ratio of 0.57 and a debt-to-equity ratio of 0.30. National Vision Holdings, Inc. has a twelve month low of $9.56 and a twelve month high of $24.11. The company has a fifty day moving average of $10.57 and a 200-day moving average of $12.33. The firm has a market capitalization of $868.61 million, a P/E ratio of -55.15, a P/E/G ratio of 2.88 and a beta of 1.42.

National Vision (NASDAQ:EYE) last issued its earnings results on Wednesday, November 6th. The company reported $0.12 EPS for the quarter, beating the consensus estimate of $0.06 by $0.06. National Vision had a positive return on equity of 3.52% and a negative net margin of 0.81%. The company had revenue of $451.50 million during the quarter, compared to the consensus estimate of $451.13 million. During the same period last year, the business posted $0.09 EPS. The firm’s revenue for the quarter was down 15.2% compared to the same quarter last year. As a group, sell-side analysts anticipate that National Vision Holdings, Inc. will post 0.27 EPS for the current year.

Wall Street Analyst Weigh In

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

About National Vision

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.