Franklin Resources Inc. Buys 2,404 Shares of National Vision Holdings, Inc. (NASDAQ:EYE)

Franklin Resources Inc. raised its stake in shares of National Vision Holdings, Inc. (NASDAQ:EYE) by 7.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 32,708 shares of the company’s stock after acquiring an additional 2,404 shares during the period. Franklin Resources Inc.’s holdings in National Vision were worth $357,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Dimensional Fund Advisors LP boosted its stake in shares of 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 buying an additional 656,656 shares during the last quarter. D. E. Shaw & Co. Inc. boosted its position in National Vision by 115.7% in the second quarter. D. E. Shaw & Co. Inc. now owns 2,479,245 shares of the company’s stock worth $32,453,000 after purchasing an additional 1,330,023 shares during the last quarter. Geode Capital Management LLC grew its stake in National Vision by 2.5% in the 3rd quarter. Geode Capital Management LLC now owns 1,900,371 shares of the company’s stock valued at $20,737,000 after purchasing an additional 45,754 shares during the period. Marshall Wace LLP increased its position in shares of National Vision by 85.6% during the 2nd quarter. Marshall Wace LLP now owns 1,761,767 shares of the company’s stock valued at $23,062,000 after purchasing an additional 812,513 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of National Vision by 17.3% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,412,292 shares of the company’s stock worth $15,408,000 after purchasing an additional 208,684 shares during the period.

National Vision Price Performance

EYE opened at $10.42 on Wednesday. National Vision Holdings, Inc. has a fifty-two week low of $9.56 and a fifty-two week high of $24.11. The firm has a 50-day moving average of $11.22 and a 200 day moving average of $11.43. 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 firm has a market cap of $820.58 million, a P/E ratio of -52.10, a PEG ratio of 3.10 and a beta of 1.41.

National Vision (NASDAQ:EYE) last released its earnings results on Wednesday, November 6th. The company reported $0.12 earnings per share for the quarter, beating analysts’ consensus estimates of $0.06 by $0.06. The firm had revenue of $451.50 million during the quarter, compared to the consensus estimate of $451.13 million. National Vision had a negative net margin of 0.81% and a positive return on equity of 3.52%. The company’s revenue was down 15.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.09 EPS. On average, research analysts expect that National Vision Holdings, Inc. will post 0.27 EPS for the current year.

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.