Deutsche Bank AG Purchases New Holdings in National Vision Holdings, Inc. $EYE

Deutsche Bank AG acquired a new position in National Vision Holdings, Inc. (NASDAQ:EYE) in the 2nd quarter, Holdings Channel reports. The institutional investor acquired 241,128 shares of the company’s stock, valued at approximately $4,584,000.

Other large investors have also recently bought and sold shares of the company. ProShare Advisors LLC boosted its position in 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 last quarter. CWM LLC raised its position in shares of National Vision by 3.4% during the fourth quarter. CWM LLC now owns 15,565 shares of the company’s stock worth $402,000 after acquiring an additional 507 shares during the last quarter. Quantinno Capital Management LP raised its position in shares of 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 last quarter. Lazard Asset Management LLC lifted its stake in shares of National Vision by 0.9% during the second quarter. Lazard Asset Management LLC now owns 68,819 shares of the company’s stock valued at $1,583,000 after acquiring an additional 637 shares during the period. Finally, HB Wealth Management LLC lifted its stake in shares of National Vision by 2.4% during the first quarter. HB Wealth Management LLC now owns 33,451 shares of the company’s stock valued at $866,000 after acquiring an additional 776 shares during the period.

National Vision Trading Up 2.5%

Shares of NASDAQ EYE opened at $18.69 on Wednesday. National Vision Holdings, Inc. has a twelve month low of $14.75 and a twelve month high of $30.02. The stock has a market cap of $1.48 billion, a price-to-earnings ratio of 30.64, a P/E/G ratio of 1.44 and a beta of 1.02. The company has a quick ratio of 0.27, a current ratio of 0.59 and a debt-to-equity ratio of 0.25. The company’s fifty day moving average is $19.76 and its 200-day moving average is $22.20.

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

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Morgan Stanley decreased their price target on National Vision from $22.00 to $21.00 and set an “equal weight” rating on the stock in a report on Thursday, August 13th. Bank of America cut their target price on shares of National Vision from $35.00 to $30.00 and set a “buy” rating on the stock in a research report on Thursday, May 14th. Roth Capital reaffirmed a “buy” rating and issued a $27.00 target price on shares of National Vision in a research note on Thursday, August 13th. Weiss Ratings reiterated a “hold (c)” rating on shares of National Vision in a research report on Tuesday, August 11th. Finally, Barclays dropped their price target on shares of National Vision from $38.00 to $27.00 and set an “overweight” rating for the company in a research note on Thursday, May 14th. Seven research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $30.36.

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.