National Vision Holdings, Inc. (NASDAQ:EYE) Shares Sold by State Street Corp

State Street Corp cut its holdings in National Vision Holdings, Inc. (NASDAQ:EYE - Free Report) by 56.7% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 3,461,933 shares of the company's stock after selling 4,537,682 shares during the period. State Street Corp owned about 4.40% of National Vision worth $37,770,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Innealta Capital LLC acquired a new stake in National Vision in the second quarter worth $30,000. Meeder Asset Management Inc. acquired a new stake in shares of National Vision in the 2nd quarter worth about $32,000. KBC Group NV lifted its position in National Vision by 64.6% in the 3rd quarter. KBC Group NV now owns 3,291 shares of the company's stock valued at $36,000 after purchasing an additional 1,292 shares during the last quarter. Quarry LP acquired a new position in National Vision during the 3rd quarter valued at about $43,000. Finally, Point72 Asia Singapore Pte. Ltd. bought a new position in National Vision in the 3rd quarter worth about $45,000.

National Vision Stock Performance

Shares of NASDAQ:EYE traded up $0.50 during trading hours on Friday, hitting $11.57. The stock had a trading volume of 2,101,400 shares, compared to its average volume of 1,450,831. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.37 and a current ratio of 0.57. The stock's fifty day simple moving average is $11.12 and its 200 day simple moving average is $11.62. The firm has a market capitalization of $911.14 million, a price-to-earnings ratio of -57.85, a PEG ratio of 3.10 and a beta of 1.41. National Vision Holdings, Inc. has a 1-year low of $9.56 and a 1-year high of $24.11.

National Vision (NASDAQ:EYE - Get Free Report) last announced its earnings results on Wednesday, November 6th. The company reported $0.12 earnings per share for the quarter, beating the consensus estimate of $0.06 by $0.06. National Vision had a positive return on equity of 3.52% and a negative net margin of 0.81%. The firm had revenue of $451.50 million for the quarter, compared to the consensus estimate of $451.13 million. The firm's revenue for the quarter was down 15.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.09 EPS. Sell-side analysts anticipate 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.