National Vision Holdings, Inc. (NASDAQ:EYE) Shares Sold by Emerald Advisers LLC

Emerald Advisers LLC cut its stake in shares of National Vision Holdings, Inc. (NASDAQ:EYE - Free Report) by 6.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 805,086 shares of the company's stock after selling 51,282 shares during the period. Emerald Advisers LLC owned 1.02% of National Vision worth $8,783,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of EYE. CWM LLC boosted its stake in shares of National Vision by 44.8% during the 2nd quarter. CWM LLC now owns 2,717 shares of the company's stock worth $36,000 after purchasing an additional 841 shares during the period. ProShare Advisors LLC boosted its position in shares of National Vision by 7.4% during 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. Texas Permanent School Fund Corp grew its stake in shares of National Vision by 1.7% during the first quarter. Texas Permanent School Fund Corp now owns 68,480 shares of the company's stock valued at $1,518,000 after buying an additional 1,117 shares during the last quarter. Linden Thomas Advisory Services LLC raised its holdings in shares of National Vision by 10.0% in the second quarter. Linden Thomas Advisory Services LLC now owns 20,176 shares of the company's stock worth $264,000 after buying an additional 1,832 shares during the period. Finally, Innealta Capital LLC bought a new stake in shares of National Vision during the 2nd quarter worth approximately $30,000.

Analysts Set New Price Targets

Several research firms have commented on EYE. UBS Group reduced their price objective on National Vision from $20.00 to $18.00 and set a "buy" rating on the stock in a report on Thursday, August 8th. Barclays decreased their price objective on National Vision from $16.00 to $11.00 and set an "equal weight" rating for the company in a report on Thursday, August 8th. Finally, The Goldman Sachs Group dropped their target price on shares of National Vision from $20.00 to $13.00 and set a "neutral" rating on the stock in a report on Friday, August 9th. Three equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company's stock. According to data from MarketBeat.com, National Vision currently has a consensus rating of "Hold" and a consensus price target of $15.25.

National Vision Stock Up 5.9 %

EYE traded up $0.61 on Friday, hitting $11.01. The company had a trading volume of 1,811,421 shares, compared to its average volume of 1,066,776. The stock has a market capitalization of $865.83 million, a price-to-earnings ratio of -10.69, a P/E/G ratio of 2.28 and a beta of 1.42. The stock has a fifty day moving average price of $10.34 and a 200-day moving average price of $12.76. National Vision Holdings, Inc. has a 12-month low of $9.56 and a 12-month high of $24.11. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.41 and a current ratio of 0.55.

National Vision (NASDAQ:EYE - Get Free Report) last posted its quarterly earnings data on Wednesday, August 7th. The company reported $0.15 EPS for the quarter, topping the consensus estimate of $0.09 by $0.06. National Vision had a negative net margin of 4.00% and a positive return on equity of 3.53%. The firm had revenue of $451.70 million during the quarter, compared to analyst estimates of $451.35 million. During the same quarter in the previous year, the business posted $0.11 EPS. National Vision's revenue was down 14.0% on a year-over-year basis. Analysts predict that National Vision Holdings, Inc. will post 0.23 EPS for the current fiscal year.

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.