SG Americas Securities LLC Invests $207,000 in National Vision Holdings, Inc. (NASDAQ:EYE)

SG Americas Securities LLC acquired a new position in National Vision Holdings, Inc. (NASDAQ:EYE) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 19,826 shares of the company’s stock, valued at approximately $207,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. KBC Group NV increased its position in shares of National Vision by 64.6% during the third quarter. KBC Group NV now owns 3,291 shares of the company’s stock valued at $36,000 after purchasing an additional 1,292 shares during the period. Quarry LP acquired a new position in shares of National Vision in the 3rd quarter worth approximately $43,000. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of National Vision during the 3rd quarter worth approximately $45,000. GAMMA Investing LLC lifted its holdings in National Vision by 309.2% during the 4th quarter. GAMMA Investing LLC now owns 4,906 shares of the company’s stock valued at $51,000 after purchasing an additional 3,707 shares during the last quarter. Finally, CWM LLC boosted its position in National Vision by 197.7% in the third quarter. CWM LLC now owns 8,089 shares of the company’s stock valued at $88,000 after buying an additional 5,372 shares in the last quarter.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. Wells Fargo & Company dropped their price objective on shares of National Vision from $13.00 to $12.00 and set an “equal weight” rating for the company in a report on Monday, January 6th. Morgan Stanley cut their price objective on shares of National Vision from $14.00 to $13.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 21st. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat.com, National Vision presently has an average rating of “Hold” and an average price target of $13.40.

National Vision Stock Down 0.9 %

Shares of NASDAQ EYE opened at $11.58 on Friday. National Vision Holdings, Inc. has a 52-week low of $9.56 and a 52-week high of $24.11. 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 stock has a market cap of $911.93 million, a P/E ratio of -57.90, a P/E/G ratio of 3.01 and a beta of 1.44. The firm has a 50 day moving average price of $11.14 and a 200 day moving average price of $11.10.

National Vision (NASDAQ:EYE) last released its quarterly earnings results on Wednesday, November 6th. The company reported $0.12 EPS for the quarter, topping analysts’ consensus estimates of $0.06 by $0.06. National Vision had a positive return on equity of 3.52% and a negative net margin of 0.81%. The company had revenue of $451.50 million for the quarter, compared to analyst estimates of $451.13 million. During the same quarter last year, the firm posted $0.09 earnings per share. National Vision’s revenue was down 15.2% compared to the same quarter last year. Analysts expect that National Vision Holdings, Inc. will post 0.31 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.