Hsbc Holdings PLC Has $1.63 Million Stock Position in National Vision Holdings, Inc. (NASDAQ:EYE)

Hsbc Holdings PLC boosted its position in National Vision Holdings, Inc. (NASDAQ:EYE) by 153.4% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 127,350 shares of the company’s stock after purchasing an additional 77,096 shares during the period. Hsbc Holdings PLC’s holdings in National Vision were worth $1,625,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Innealta Capital LLC acquired a new stake in National Vision in the 2nd quarter valued at about $30,000. Meeder Asset Management Inc. acquired a new stake in National Vision during the second quarter worth approximately $32,000. CWM LLC lifted its position in National Vision by 44.8% during the second quarter. CWM LLC now owns 2,717 shares of the company’s stock worth $36,000 after acquiring an additional 841 shares during the last quarter. TFO Wealth Partners LLC lifted its position in National Vision by 165,300.0% during the fourth quarter. TFO Wealth Partners LLC now owns 4,962 shares of the company’s stock worth $104,000 after acquiring an additional 4,959 shares during the last quarter. Finally, Headlands Technologies LLC lifted its position in National Vision by 688.3% during the second quarter. Headlands Technologies LLC now owns 8,750 shares of the company’s stock worth $115,000 after acquiring an additional 7,640 shares during the last quarter.

Analysts Set New Price Targets

Several equities research analysts have issued reports on EYE shares. Barclays cut their price objective on shares of National Vision from $16.00 to $11.00 and set an “equal weight” rating for the company in a research report on Thursday, August 8th. UBS Group lowered their target price on shares of National Vision from $20.00 to $18.00 and set a “buy” rating on the stock in a report on Thursday, August 8th. Finally, The Goldman Sachs Group lowered 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 given a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $15.25.

National Vision Trading Up 1.7 %

Shares of EYE stock opened at $11.02 on Friday. National Vision Holdings, Inc. has a 52-week low of $9.60 and a 52-week 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. The company has a 50-day simple moving average of $11.37 and a two-hundred day simple moving average of $14.90. The company has a market capitalization of $865.74 million, a price-to-earnings ratio of -11.98, a PEG ratio of 1.66 and a beta of 1.41.

National Vision (NASDAQ:EYE) last released its earnings results on Wednesday, August 7th. The company reported $0.15 earnings per share for the quarter, beating analysts’ consensus estimates of $0.09 by $0.06. The firm had revenue of $451.70 million for the quarter, compared to analysts’ expectations of $451.35 million. National Vision had a negative net margin of 4.00% and a positive return on equity of 3.53%. The company’s quarterly revenue was down 14.0% on a year-over-year basis. During the same period in the previous year, the company earned $0.11 earnings per share. Research analysts anticipate that National Vision Holdings, Inc. will post 0.33 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.