PNC Financial Services Group Inc. Has $140,000 Position in National Vision Holdings, Inc. (NASDAQ:EYE)

PNC Financial Services Group Inc. boosted its position in National Vision Holdings, Inc. (NASDAQ:EYE) by 56.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 6,669 shares of the company’s stock after buying an additional 2,400 shares during the quarter. PNC Financial Services Group Inc.’s holdings in National Vision were worth $140,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Tower Research Capital LLC TRC increased its stake in National Vision by 57.8% in the 3rd quarter. Tower Research Capital LLC TRC now owns 26,348 shares of the company’s stock valued at $426,000 after buying an additional 9,648 shares during the last quarter. Schonfeld Strategic Advisors LLC bought a new stake in National Vision during the third quarter worth about $1,002,000. Seven Eight Capital LP boosted its position in National Vision by 179.7% during the third quarter. Seven Eight Capital LP now owns 32,718 shares of the company’s stock valued at $529,000 after purchasing an additional 21,021 shares during the last quarter. GSA Capital Partners LLP grew its stake in National Vision by 64.0% in the third quarter. GSA Capital Partners LLP now owns 136,763 shares of the company’s stock valued at $2,213,000 after purchasing an additional 53,394 shares in the last quarter. Finally, Graham Capital Management L.P. increased its position in shares of National Vision by 102.1% during the 3rd quarter. Graham Capital Management L.P. now owns 116,263 shares of the company’s stock worth $1,881,000 after purchasing an additional 58,728 shares during the last quarter.

National Vision Price Performance

Shares of NASDAQ EYE opened at $12.43 on Friday. The company has a quick ratio of 0.69, a current ratio of 1.01 and a debt-to-equity ratio of 0.53. The business’s 50 day moving average price is $14.77 and its two-hundred day moving average price is $18.63. The company has a market cap of $976.50 million, a PE ratio of -13.51, a price-to-earnings-growth ratio of 2.63 and a beta of 1.44. National Vision Holdings, Inc. has a twelve month low of $12.24 and a twelve month high of $25.16.

National Vision (NASDAQ:EYE) last posted its quarterly earnings results on Wednesday, May 8th. The company reported $0.27 earnings per share for the quarter, beating analysts’ consensus estimates of $0.22 by $0.05. National Vision had a positive return on equity of 3.47% and a negative net margin of 3.44%. The business had revenue of $542.52 million for the quarter, compared to analysts’ expectations of $557.47 million. On average, analysts predict that National Vision Holdings, Inc. will post 0.34 EPS for the current year.

Insider Buying and Selling

In other news, Director D Randolph Peeler bought 34,000 shares of the firm’s stock in a transaction dated Friday, May 10th. The shares were bought at an average price of $14.45 per share, with a total value of $491,300.00. Following the completion of the transaction, the director now owns 182,880 shares of the company’s stock, valued at $2,642,616. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other National Vision news, CEO L Reade Fahs purchased 20,000 shares of the stock in a transaction that occurred on Monday, May 13th. The shares were acquired at an average cost of $14.96 per share, with a total value of $299,200.00. Following the completion of the transaction, the chief executive officer now owns 633,097 shares in the company, valued at $9,471,131.12. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director D Randolph Peeler acquired 34,000 shares of the business’s stock in a transaction on Friday, May 10th. The stock was acquired at an average cost of $14.45 per share, with a total value of $491,300.00. Following the acquisition, the director now directly owns 182,880 shares in the company, valued at $2,642,616. The disclosure for this purchase can be found here. 2.30% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Separately, Barclays cut their price objective on National Vision from $19.00 to $16.00 and set an “equal weight” rating for the company in a report on Friday, May 10th. Five equities research analysts have rated the stock with a hold rating, Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $19.60.

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.