Emerald Advisers LLC Has $10.33 Million Stake in National Vision Holdings, Inc. (NASDAQ:EYE)

Emerald Advisers LLC lifted its position in shares of National Vision Holdings, Inc. (NASDAQ:EYE - Free Report) by 23.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 991,100 shares of the company's stock after buying an additional 186,014 shares during the period. Emerald Advisers LLC owned about 1.26% of National Vision worth $10,327,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. KBC Group NV boosted its position in National Vision by 64.6% during the 3rd quarter. KBC Group NV now owns 3,291 shares of the company's stock worth $36,000 after acquiring an additional 1,292 shares during the last quarter. Quarry LP bought a new position in National Vision in the third quarter valued at $43,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in National Vision in the 3rd quarter valued at $45,000. GAMMA Investing LLC increased its stake in National Vision by 309.2% in the 4th 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 last quarter. Finally, KLP Kapitalforvaltning AS bought a new stake in National Vision during the 4th quarter worth about $178,000.

Analyst Upgrades and Downgrades

EYE has been the subject of several analyst reports. Morgan Stanley lowered their target price on 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. Citigroup raised their price target on National Vision from $12.00 to $13.00 and gave the company a "neutral" rating in a research note on Friday, March 7th. Barclays upped their price objective on National Vision from $12.00 to $14.00 and gave the stock an "equal weight" rating in a research note on Monday, March 3rd. Finally, Wells Fargo & Company raised their target price on shares of National Vision from $12.00 to $13.00 and gave the company an "equal weight" rating in a research note on Thursday, February 27th. Five 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, the stock currently has an average rating of "Hold" and a consensus target price of $14.00.

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National Vision Stock Performance

Shares of EYE traded down $0.10 during mid-day trading on Thursday, reaching $13.26. The company's stock had a trading volume of 1,242,977 shares, compared to its average volume of 1,546,754. 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 stock has a market cap of $1.04 billion, a P/E ratio of -66.30, a PEG ratio of 3.27 and a beta of 1.51. National Vision Holdings, Inc. has a 1-year low of $9.56 and a 1-year high of $22.47. The business has a 50-day simple moving average of $11.99 and a two-hundred day simple moving average of $11.26.

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.