Jupiter Topco LLC Makes New $656,000 Investment in National Vision Holdings, Inc. $EYE

Jupiter Topco LLC bought a new stake in shares of National Vision Holdings, Inc. (NASDAQ:EYE) in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 34,493 shares of the company’s stock, valued at approximately $656,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. ProShare Advisors LLC boosted its holdings in shares of National Vision by 3.0% in the 4th quarter. ProShare Advisors LLC now owns 15,145 shares of the company’s stock valued at $391,000 after buying an additional 438 shares during the period. Quantinno Capital Management LP raised its stake in National Vision by 2.3% during the first quarter. Quantinno Capital Management LP now owns 26,323 shares of the company’s stock worth $682,000 after acquiring an additional 586 shares during the period. Lazard Asset Management LLC lifted its holdings in National Vision by 0.9% in the second quarter. Lazard Asset Management LLC now owns 68,819 shares of the company’s stock worth $1,583,000 after acquiring an additional 637 shares during the last quarter. HB Wealth Management LLC lifted its holdings in National Vision by 2.4% in the first quarter. HB Wealth Management LLC now owns 33,451 shares of the company’s stock worth $866,000 after acquiring an additional 776 shares during the last quarter. Finally, Versant Capital Management Inc boosted its stake in National Vision by 96.2% in the second quarter. Versant Capital Management Inc now owns 1,789 shares of the company’s stock valued at $34,000 after acquiring an additional 877 shares during the period.

National Vision Price Performance

Shares of National Vision stock opened at $16.74 on Monday. The business’s fifty day moving average price is $19.76 and its two-hundred day moving average price is $21.58. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.59 and a quick ratio of 0.27. The company has a market capitalization of $1.32 billion, a P/E ratio of 27.44, a PEG ratio of 1.32 and a beta of 0.98. National Vision Holdings, Inc. has a 1-year low of $14.75 and a 1-year high of $30.02.

National Vision (NASDAQ:EYE) last released its quarterly earnings results on Wednesday, August 12th. The company reported $0.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.07. The company had revenue of $498.81 million during the quarter. National Vision had a return on equity of 6.78% and a net margin of 2.47%.The company’s revenue for the quarter was up 2.6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.18 EPS. As a group, research analysts forecast that National Vision Holdings, Inc. will post 0.65 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the company. Roth Capital reaffirmed a “buy” rating and set a $27.00 target price on shares of National Vision in a report on Thursday, August 13th. Wells Fargo & Company reduced their price objective on National Vision from $30.00 to $20.00 and set an “equal weight” rating for the company in a research report on Thursday, May 14th. Weiss Ratings lowered National Vision from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, August 25th. Morgan Stanley cut their target price on National Vision from $22.00 to $21.00 and set an “equal weight” rating on the stock in a research note on Thursday, August 13th. Finally, Bank of America reduced their price target on shares of National Vision from $35.00 to $30.00 and set a “buy” rating for the company in a report on Thursday, May 14th. Seven equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $30.36.

About National Vision

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.