Point72 DIFC Ltd Buys Shares of 261,939 National Vision Holdings, Inc. (NASDAQ:EYE)

Point72 DIFC Ltd bought a new stake in shares of National Vision Holdings, Inc. (NASDAQ:EYE - Free Report) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 261,939 shares of the company's stock, valued at approximately $2,858,000. Point72 DIFC Ltd owned 0.33% of National Vision as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Innealta Capital LLC acquired a new stake in shares of National Vision during the 2nd quarter valued at about $30,000. Meeder Asset Management Inc. acquired a new stake in National Vision in the 2nd quarter worth about $32,000. CWM LLC boosted its holdings in National Vision by 44.8% in the 2nd quarter. CWM LLC now owns 2,717 shares of the company's stock worth $36,000 after buying an additional 841 shares during the last quarter. KBC Group NV boosted its holdings in National Vision by 64.6% in the 3rd quarter. KBC Group NV now owns 3,291 shares of the company's stock worth $36,000 after buying an additional 1,292 shares during the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new stake in National Vision in the 3rd quarter worth about $45,000.

Wall Street Analysts Forecast Growth

EYE has been the topic of several research analyst reports. Barclays lowered their price objective on National Vision from $16.00 to $11.00 and set an "equal weight" rating on the stock in a report on Thursday, August 8th. The Goldman Sachs Group lowered their price objective on National Vision from $20.00 to $13.00 and set a "neutral" rating on the stock in a report on Friday, August 9th. Finally, UBS Group lowered 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.

National Vision Price Performance

Shares of National Vision stock traded down $0.16 on Thursday, hitting $11.09. 1,332,532 shares of the company were exchanged, compared to its average volume of 1,459,687. The stock has a market capitalization of $873.34 million, a price-to-earnings ratio of -55.45, a price-to-earnings-growth ratio of 2.96 and a beta of 1.41. The company has a 50-day moving average price of $10.88 and a 200 day moving average price of $11.91. National Vision Holdings, Inc. has a 1-year low of $9.56 and a 1-year high of $24.11. 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 (NASDAQ:EYE - Get Free Report) last issued its earnings results on Wednesday, November 6th. The company reported $0.12 earnings per share for the quarter, topping the consensus estimate of $0.06 by $0.06. The business had revenue of $451.50 million for the quarter, compared to analysts' expectations of $451.13 million. National Vision had a positive return on equity of 3.52% and a negative net margin of 0.81%. The business's revenue for the quarter was down 15.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.09 EPS. As a group, sell-side analysts predict that National Vision Holdings, Inc. will post 0.27 earnings per share 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.