National Vision Holdings, Inc. $EYE Holdings Boosted by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd grew its holdings in National Vision Holdings, Inc. (NASDAQ:EYE) by 358.8% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 65,638 shares of the company’s stock after purchasing an additional 51,331 shares during the period. Y Intercept Hong Kong Ltd’s holdings in National Vision were worth $1,916,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Teacher Retirement System of Texas raised its position in National Vision by 17.4% during the third quarter. Teacher Retirement System of Texas now owns 24,932 shares of the company’s stock valued at $728,000 after buying an additional 3,692 shares during the period. Emerald Mutual Fund Advisers Trust boosted its position in National Vision by 15.5% during the 3rd quarter. Emerald Mutual Fund Advisers Trust now owns 966,266 shares of the company’s stock worth $28,205,000 after acquiring an additional 129,907 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in National Vision during the 3rd quarter valued at about $7,090,000. Wealth Enhancement Advisory Services LLC acquired a new position in shares of National Vision in the 3rd quarter valued at about $235,000. Finally, Amalgamated Bank lifted its position in shares of National Vision by 2.9% in the third quarter. Amalgamated Bank now owns 23,112 shares of the company’s stock worth $675,000 after purchasing an additional 650 shares in the last quarter.

National Vision Stock Up 3.1%

EYE opened at $26.54 on Friday. The firm has a market cap of $2.10 billion, a P/E ratio of -884.37, a price-to-earnings-growth ratio of 1.47 and a beta of 1.38. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.32 and a current ratio of 0.53. The business has a 50 day moving average price of $27.72 and a 200 day moving average price of $26.01. National Vision Holdings, Inc. has a twelve month low of $10.45 and a twelve month high of $30.02.

National Vision (NASDAQ:EYE) last released its quarterly earnings results on Wednesday, November 5th. The company reported $0.13 EPS for the quarter, beating analysts’ consensus estimates of $0.12 by $0.01. The company had revenue of $487.33 million for the quarter, compared to analyst estimates of $472.98 million. National Vision had a negative net margin of 0.12% and a positive return on equity of 3.58%. The company’s quarterly revenue was up 7.9% compared to the same quarter last year. During the same quarter last year, the firm posted $0.12 earnings per share. National Vision has set its FY 2025 guidance at 0.620-0.700 EPS. Research analysts forecast that National Vision Holdings, Inc. will post 0.31 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on EYE shares. Morgan Stanley boosted their price objective on shares of National Vision from $26.00 to $30.00 and gave the company an “equal weight” rating in a research report on Thursday, January 15th. National Bankshares set a $32.00 price target on shares of National Vision in a research note on Tuesday, December 9th. Wall Street Zen cut National Vision from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. UBS Group dropped their target price on National Vision from $41.00 to $39.00 and set a “buy” rating on the stock in a research report on Tuesday, November 18th. Finally, Citigroup lifted their price target on National Vision from $29.00 to $35.00 and gave the company a “buy” rating in a report on Tuesday, November 18th. Two investment analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $29.00.

National Vision Company Profile

National Vision Holdings, Inc is an American optical retailer specializing in accessible vision care and eyewear. The company operates under multiple retail banners, offering comprehensive eye health services and a wide range of optical products. Since its founding in the early 1990s, National Vision has focused on providing value-driven solutions, targeting underserved and price?conscious consumer segments.

Through its primary retail brands—including America’s Best Contacts & Eyeglasses, Eyeglass World, Optical America and Vista Optical—National Vision delivers services such as comprehensive eye examinations, prescription eyewear, contact lenses, sunglasses and lens accessories.