Ieq Capital LLC Takes $247,000 Position in National Vision Holdings, Inc. (NASDAQ:EYE)

Ieq Capital LLC purchased a new position in shares of National Vision Holdings, Inc. (NASDAQ:EYE - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 23,657 shares of the company's stock, valued at approximately $247,000.

A number of other large investors also recently modified their holdings of EYE. KBC Group NV raised 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 purchasing an additional 1,292 shares during the last quarter. Quarry LP bought a new position in National Vision in the third quarter worth approximately $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% during the 4th quarter. GAMMA Investing LLC now owns 4,906 shares of the company's stock valued at $51,000 after purchasing an additional 3,707 shares in the last quarter. Finally, Stoneridge Investment Partners LLC raised its holdings in National Vision by 15.3% during the third quarter. Stoneridge Investment Partners LLC now owns 15,036 shares of the company's stock worth $164,000 after buying an additional 2,000 shares during the last quarter.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the stock. Barclays lifted their price objective on shares of National Vision from $12.00 to $14.00 and gave the company an "equal weight" rating in a report on Monday. Wells Fargo & Company lifted their price target on National Vision from $12.00 to $13.00 and gave the company an "equal weight" rating in a research note on Thursday, February 27th. Finally, Morgan Stanley dropped their target price on National Vision from $14.00 to $13.00 and set an "equal weight" rating on the stock in a report on Tuesday, January 21st. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, National Vision has a consensus rating of "Hold" and an average target price of $14.20.

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National Vision Stock Down 1.5 %

National Vision stock traded down $0.20 during midday trading on Tuesday, hitting $12.47. 688,405 shares of the stock were exchanged, compared to its average volume of 1,490,989. The company has a quick ratio of 0.37, a current ratio of 0.57 and a debt-to-equity ratio of 0.30. The stock has a market capitalization of $982.03 million, a price-to-earnings ratio of -62.30, a price-to-earnings-growth ratio of 3.27 and a beta of 1.44. National Vision Holdings, Inc. has a 52-week low of $9.56 and a 52-week high of $24.11. The business's 50-day moving average price is $11.36 and its 200-day moving average price is $11.02.

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.