Boston Partners Acquires New Shares in National Vision Holdings, Inc. (NASDAQ:EYE)

Boston Partners purchased a new stake in National Vision Holdings, Inc. (NASDAQ:EYE - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 1,207,964 shares of the company's stock, valued at approximately $12,594,000. Boston Partners owned 1.53% of National Vision at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. KBC Group NV boosted its position in shares of National Vision by 64.6% in the third quarter. KBC Group NV now owns 3,291 shares of the company's stock valued at $36,000 after acquiring an additional 1,292 shares during the period. Quarry LP bought a new stake in National Vision in the 3rd quarter valued at about $43,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of National Vision during the 3rd quarter worth approximately $45,000. GAMMA Investing LLC increased its holdings in shares of National Vision by 309.2% during the fourth quarter. GAMMA Investing LLC now owns 4,906 shares of the company's stock worth $51,000 after purchasing an additional 3,707 shares during the period. Finally, Paloma Partners Management Co acquired a new stake in shares of National Vision in the third quarter valued at approximately $184,000.

Wall Street Analyst Weigh In

A number of research firms have commented on EYE. Wells Fargo & Company raised their price objective on National Vision from $12.00 to $13.00 and gave the stock an "equal weight" rating in a research note on Thursday, February 27th. Citigroup raised their price target on National Vision from $12.00 to $13.00 and gave the stock a "neutral" rating in a research report on Friday, March 7th. Morgan Stanley cut their price objective on shares of National Vision from $14.00 to $13.00 and set an "equal weight" rating for the company in a research report on Tuesday, January 21st. Finally, Barclays raised their target price on shares of National Vision from $12.00 to $14.00 and gave the company an "equal weight" rating in a report on Monday, March 3rd. Five analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $14.00.

National Vision Price Performance

Shares of National Vision stock traded down $0.15 during trading on Tuesday, reaching $13.46. 1,503,140 shares of the company's stock were exchanged, compared to its average volume of 1,541,338. The firm's 50-day moving average price is $11.83 and its 200 day moving average price is $11.20. The company has a market cap of $1.06 billion, a P/E ratio of -67.30, a PEG ratio of 3.27 and a beta of 1.51. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.37 and a current ratio of 0.57. National Vision Holdings, Inc. has a 1-year low of $9.56 and a 1-year high of $22.71.

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.