D. E. Shaw & Co. Inc. Has $28.98 Million Holdings in National Vision Holdings, Inc. (NASDAQ:EYE)

D. E. Shaw & Co. Inc. trimmed its position in shares of National Vision Holdings, Inc. (NASDAQ:EYE) by 18.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,781,584 shares of the company’s stock after selling 638,081 shares during the quarter. D. E. Shaw & Co. Inc.’s holdings in National Vision were worth $28,984,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in EYE. Vanguard Group Inc. lifted its position in shares of National Vision by 1.6% in the fourth quarter. Vanguard Group Inc. now owns 10,411,838 shares of the company’s stock worth $108,491,000 after buying an additional 167,735 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in shares of National Vision by 0.8% in the 4th quarter. Dimensional Fund Advisors LP now owns 3,702,371 shares of the company’s stock valued at $38,577,000 after acquiring an additional 30,235 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in National Vision by 81.5% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 2,308,375 shares of the company’s stock worth $24,053,000 after purchasing an additional 1,036,459 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its position in National Vision by 12.1% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,583,131 shares of the company’s stock worth $16,496,000 after purchasing an additional 170,839 shares during the period. Finally, Boston Partners acquired a new position in National Vision during the fourth quarter valued at approximately $12,594,000.

National Vision Trading Up 2.9 %

Shares of EYE opened at $17.17 on Friday. The stock’s 50-day moving average price is $12.42 and its 200 day moving average price is $11.73. The company has a quick ratio of 0.37, a current ratio of 0.57 and a debt-to-equity ratio of 0.30. The firm has a market capitalization of $1.36 billion, a price-to-earnings ratio of -85.85, a P/E/G ratio of 3.27 and a beta of 1.02. National Vision Holdings, Inc. has a 12-month low of $9.56 and a 12-month high of $17.26.

National Vision (NASDAQ:EYE) last issued its earnings results on Wednesday, May 7th. The company reported $0.34 EPS for the quarter, beating analysts’ consensus estimates of $0.32 by $0.02. National Vision had a positive return on equity of 3.52% and a negative net margin of 0.81%. The business had revenue of $510.32 million during the quarter, compared to analyst estimates of $510.30 million. During the same period in the prior year, the company posted $0.32 earnings per share. National Vision’s revenue was up 5.7% on a year-over-year basis. As a group, research analysts predict that National Vision Holdings, Inc. will post 0.31 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages have recently weighed in on EYE. Loop Capital boosted their price objective on shares of National Vision from $18.00 to $20.00 and gave the stock a “buy” rating in a research note on Thursday. Barclays upped their price target on shares of National Vision from $12.00 to $14.00 and gave the company an “equal weight” rating in a report on Monday, March 3rd. Bank of America upgraded National Vision from an “underperform” rating to a “buy” rating in a research note on Wednesday. UBS Group increased their target price on National Vision from $18.00 to $20.00 and gave the company a “buy” rating in a research note on Thursday. Finally, Morgan Stanley dropped their price target on National Vision from $14.00 to $13.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 21st. Four investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $17.14.

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.