Everence Capital Management Inc. Sells 2,130 Shares of National Vision Holdings, Inc. (NASDAQ:EYE)

Everence Capital Management Inc. cut its holdings in National Vision Holdings, Inc. (NASDAQ:EYE) by 16.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,220 shares of the company’s stock after selling 2,130 shares during the quarter. Everence Capital Management Inc.’s holdings in National Vision were worth $122,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. Clearbridge Investments LLC grew its stake in shares of National Vision by 4.2% in the first quarter. Clearbridge Investments LLC now owns 4,511,738 shares of the company’s stock worth $99,980,000 after purchasing an additional 182,504 shares during the last quarter. Hsbc Holdings PLC boosted its position in National Vision by 153.4% during the 2nd quarter. Hsbc Holdings PLC now owns 127,350 shares of the company’s stock valued at $1,625,000 after acquiring an additional 77,096 shares in the last quarter. D. E. Shaw & Co. Inc. boosted its position in National Vision by 115.7% during the 2nd quarter. D. E. Shaw & Co. Inc. now owns 2,479,245 shares of the company’s stock valued at $32,453,000 after acquiring an additional 1,330,023 shares in the last quarter. Jane Street Group LLC boosted its position in National Vision by 166.6% during the 1st quarter. Jane Street Group LLC now owns 211,305 shares of the company’s stock valued at $4,683,000 after acquiring an additional 132,039 shares in the last quarter. Finally, First Eagle Investment Management LLC bought a new stake in National Vision during the 1st quarter valued at approximately $4,595,000.

National Vision Price Performance

Shares of NASDAQ EYE opened at $9.68 on Wednesday. National Vision Holdings, Inc. has a twelve month low of $9.56 and a twelve month high of $24.11. The firm has a market cap of $760.47 million, a P/E ratio of -10.52, a PEG ratio of 1.99 and a beta of 1.41. The company has a 50 day moving average of $10.43 and a 200 day moving average of $13.29. The company has a quick ratio of 0.41, a current ratio of 0.55 and a debt-to-equity ratio of 0.17.

National Vision (NASDAQ:EYE) last announced its quarterly earnings data on Wednesday, August 7th. The company reported $0.15 earnings per share for the quarter, topping analysts’ consensus estimates 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 company had revenue of $451.70 million during the quarter, compared to analyst estimates of $451.35 million. During the same period in the previous year, the business earned $0.11 EPS. The firm’s revenue for the quarter was down 14.0% on a year-over-year basis. As a group, research analysts expect that National Vision Holdings, Inc. will post 0.26 EPS for the current fiscal year.

Analysts Set New Price Targets

EYE has been the topic of several research reports. UBS Group cut their price objective on National Vision from $20.00 to $18.00 and set a “buy” rating on the stock in a research report on Thursday, August 8th. Barclays cut their price objective on National Vision from $16.00 to $11.00 and set an “equal weight” rating on the stock in a research report on Thursday, August 8th. Finally, The Goldman Sachs Group cut their price objective on National Vision from $20.00 to $13.00 and set a “neutral” rating on the stock in a research report on Friday, August 9th. Three analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $15.25.

About National Vision

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.