Stoneridge Investment Partners LLC Purchases 2,475 Shares of National Vision Holdings, Inc. (NASDAQ:EYE)

Stoneridge Investment Partners LLC grew its holdings in National Vision Holdings, Inc. (NASDAQ:EYE) by 16.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 17,511 shares of the company’s stock after acquiring an additional 2,475 shares during the quarter. Stoneridge Investment Partners LLC’s holdings in National Vision were worth $182,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. KBC Group NV raised its position in National Vision by 64.6% in the third quarter. KBC Group NV now owns 3,291 shares of the company’s stock worth $36,000 after purchasing an additional 1,292 shares in the last quarter. Quarry LP acquired a new position in National Vision during the 3rd quarter worth $43,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in National Vision in the third quarter worth about $45,000. GAMMA Investing LLC lifted its holdings in National Vision by 309.2% in the fourth quarter. GAMMA Investing LLC now owns 4,906 shares of the company’s stock valued at $51,000 after buying an additional 3,707 shares during the period. Finally, CWM LLC boosted its position in shares of National Vision by 197.7% in the 3rd quarter. CWM LLC now owns 8,089 shares of the company’s stock worth $88,000 after purchasing an additional 5,372 shares during the last quarter.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on EYE shares. Morgan Stanley reduced their price target on shares of National Vision from $14.00 to $13.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 21st. Wells Fargo & Company decreased their price objective on National Vision from $13.00 to $12.00 and set an “equal weight” rating for the company in a research report on Monday, January 6th. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat.com, National Vision currently has a consensus rating of “Hold” and a consensus target price of $13.40.

National Vision Stock Performance

Shares of EYE stock opened at $11.58 on Friday. 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 12 month low of $9.56 and a 12 month high of $24.11. The company’s fifty day simple moving average is $11.13 and its 200-day simple moving average is $11.09. The firm has a market cap of $911.93 million, a PE ratio of -57.90, a P/E/G ratio of 3.08 and a beta of 1.44.

National Vision (NASDAQ:EYE) last issued 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. National Vision had a negative net margin of 0.81% and a positive return on equity of 3.52%. The business had revenue of $451.50 million for the quarter, compared to the consensus estimate of $451.13 million. During the same period in the previous year, the company earned $0.09 earnings per share. The firm’s revenue for the quarter was down 15.2% on a year-over-year basis. Equities research analysts expect that National Vision Holdings, Inc. will post 0.31 EPS for the current fiscal year.

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.