Squarepoint Ops LLC Sells 39,695 Shares of National Vision Holdings, Inc. (NASDAQ:EYE)

Squarepoint Ops LLC lessened its position in National Vision Holdings, Inc. (NASDAQ:EYE) by 22.4% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 137,280 shares of the company’s stock after selling 39,695 shares during the period. Squarepoint Ops LLC’s holdings in National Vision were worth $1,797,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. increased its position in shares of National Vision by 0.3% during the first quarter. Vanguard Group Inc. now owns 8,908,511 shares of the company’s stock worth $197,413,000 after acquiring an additional 25,982 shares in the last quarter. Clearbridge Investments LLC increased its holdings in National Vision by 4.2% during the 1st quarter. Clearbridge Investments LLC now owns 4,511,738 shares of the company’s stock worth $99,980,000 after purchasing an additional 182,504 shares in the last quarter. Hawk Ridge Capital Management LP purchased a new stake in shares of National Vision in the fourth quarter worth approximately $69,274,000. Dimensional Fund Advisors LP lifted its holdings in shares of National Vision by 28.3% in the second quarter. Dimensional Fund Advisors LP now owns 2,975,854 shares of the company’s stock valued at $38,952,000 after purchasing an additional 656,656 shares in the last quarter. Finally, Marshall Wace LLP boosted its position in shares of National Vision by 85.6% during the second quarter. Marshall Wace LLP now owns 1,761,767 shares of the company’s stock valued at $23,062,000 after buying an additional 812,513 shares during the last quarter.

National Vision Stock Up 3.0 %

EYE stock opened at $10.57 on Friday. The stock has a market cap of $830.39 million, a P/E ratio of -11.49, a P/E/G ratio of 1.66 and a beta of 1.41. The company has a current ratio of 0.55, a quick ratio of 0.41 and a debt-to-equity ratio of 0.17. The stock’s fifty day simple moving average is $11.02 and its two-hundred day simple moving average is $14.38. National Vision Holdings, Inc. has a 1-year low of $9.60 and a 1-year high of $24.11.

National Vision (NASDAQ:EYE) last posted its quarterly earnings data on Wednesday, August 7th. The company reported $0.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.09 by $0.06. The business had revenue of $451.70 million during the quarter, compared to the consensus estimate of $451.35 million. National Vision had a negative net margin of 4.00% and a positive return on equity of 3.53%. The firm’s quarterly revenue was down 14.0% compared to the same quarter last year. During the same quarter last year, the company posted $0.11 earnings per share. Analysts expect that National Vision Holdings, Inc. will post 0.33 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on EYE. The Goldman Sachs Group lowered their price target on National Vision from $20.00 to $13.00 and set a “neutral” rating for the company in a research report on Friday, August 9th. UBS Group lowered their target price on shares of National Vision from $20.00 to $18.00 and set a “buy” rating for the company in a report on Thursday, August 8th. Finally, Barclays cut their price target on shares of National Vision from $16.00 to $11.00 and set an “equal weight” rating on the stock in a report on Thursday, August 8th. Three analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat.com, National Vision currently has a consensus rating of “Hold” and a consensus target price of $15.25.

National Vision 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.