Legal & General Group Plc decreased its position in National Vision Holdings Inc (NASDAQ:EYE) by 5.6% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 44,070 shares of the company’s stock after selling 2,619 shares during the period. Legal & General Group Plc owned about 0.05% of National Vision worth $856,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently bought and sold shares of the business. JPMorgan Chase & Co. grew its holdings in National Vision by 14.2% in the first quarter. JPMorgan Chase & Co. now owns 7,698,550 shares of the company’s stock valued at $149,506,000 after purchasing an additional 954,841 shares during the last quarter. Alliancebernstein L.P. boosted its stake in shares of National Vision by 9.7% during the first quarter. Alliancebernstein L.P. now owns 3,658,825 shares of the company’s stock valued at $71,054,000 after acquiring an additional 324,977 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in shares of National Vision by 21.7% during the first quarter. Bank of New York Mellon Corp now owns 2,607,931 shares of the company’s stock valued at $50,646,000 after acquiring an additional 464,775 shares during the last quarter. Janus Henderson Group PLC acquired a new stake in shares of National Vision during the fourth quarter valued at $75,675,000. Finally, State Street Corp boosted its stake in shares of National Vision by 4.6% during the first quarter. State Street Corp now owns 1,743,842 shares of the company’s stock valued at $33,865,000 after acquiring an additional 76,523 shares during the last quarter.
Shares of NASDAQ EYE opened at $30.32 on Wednesday. National Vision Holdings Inc has a fifty-two week low of $11.70 and a fifty-two week high of $39.88. The business has a 50 day moving average price of $27.97 and a two-hundred day moving average price of $29.13. The company has a quick ratio of 1.08, a current ratio of 1.53 and a debt-to-equity ratio of 1.33. The firm has a market cap of $2.31 billion, a PE ratio of 97.81 and a beta of 2.01.
A number of research firms recently commented on EYE. TheStreet raised National Vision from a “d” rating to a “c-” rating in a research note on Tuesday, June 9th. Berenberg Bank reiterated a “buy” rating and set a $27.00 target price on shares of National Vision in a research report on Monday, April 13th. Morgan Stanley reduced their target price on National Vision from $36.00 to $34.00 and set an “overweight” rating on the stock in a research report on Friday, May 8th. Barclays reduced their target price on National Vision from $44.00 to $28.00 and set an “overweight” rating on the stock in a research report on Friday, April 17th. Finally, Wells Fargo & Co reiterated a “buy” rating and set a $36.00 target price on shares of National Vision in a research report on Monday, June 8th. Three equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $34.70.
About National Vision
National Vision Holdings, Inc, through its subsidiaries, operates as an optical retailer primarily in the United States. The company operates in two segments, Owned & Host and Legacy. It offers eyeglasses and contact lenses, and optical accessory products, as well as eye exams through its America's Best, Eyeglass World, Vista Optical, and Vista Optical Military, as well as Vision Center brand stores; and provides health maintenance organization, vision care benefit plan, and optometric services.
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