Linden Thomas Advisory Services LLC Acquires 3,705 Shares of National Vision Holdings, Inc. (NASDAQ:EYE)

Linden Thomas Advisory Services LLC lifted its holdings in National Vision Holdings, Inc. (NASDAQ:EYE) by 15.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 27,478 shares of the company’s stock after acquiring an additional 3,705 shares during the period. Linden Thomas Advisory Services LLC’s holdings in National Vision were worth $286,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Dimensional Fund Advisors LP lifted its stake in National Vision by 28.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,975,854 shares of the company’s stock worth $38,952,000 after purchasing an additional 656,656 shares in the last quarter. Assenagon Asset Management S.A. increased its holdings in shares of National Vision by 3,645.8% in the third quarter. Assenagon Asset Management S.A. now owns 609,701 shares of the company’s stock worth $6,652,000 after purchasing an additional 593,424 shares during the last quarter. Point72 DIFC Ltd purchased a new stake in shares of National Vision in the third quarter worth about $2,858,000. Charles Schwab Investment Management Inc. boosted its stake in National Vision by 17.3% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,412,292 shares of the company’s stock valued at $15,408,000 after buying an additional 208,684 shares during the last quarter. Finally, Centiva Capital LP purchased a new position in National Vision during the 3rd quarter valued at approximately $613,000.

National Vision Trading Down 0.6 %

Shares of EYE stock opened at $11.23 on Tuesday. The company has a market cap of $884.36 million, a PE ratio of -56.15, a price-to-earnings-growth ratio of 3.02 and a beta of 1.42. National Vision Holdings, Inc. has a 1 year low of $9.56 and a 1 year high of $24.11. The stock’s 50 day simple moving average is $11.21 and its two-hundred day simple moving average is $11.19. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.57 and a quick ratio of 0.37.

National Vision (NASDAQ:EYE) last released its quarterly 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. The company had revenue of $451.50 million for the quarter, compared to analyst estimates of $451.13 million. National Vision had a positive return on equity of 3.52% and a negative net margin of 0.81%. National Vision’s quarterly revenue was down 15.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.09 EPS. Research analysts predict that National Vision Holdings, Inc. will post 0.27 earnings per share for the current year.

Analyst Ratings Changes

Several analysts have recently issued reports on the company. Morgan Stanley decreased their price objective 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. Wells Fargo & Company decreased their price target on shares of National Vision from $13.00 to $12.00 and set an “equal weight” rating on the stock in a research note on Monday, January 6th. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $13.40.

National Vision Company 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.