AQR Capital Management LLC Invests $555,000 in National Vision Holdings, Inc. (NASDAQ:EYE)

AQR Capital Management LLC acquired a new stake in National Vision Holdings, Inc. (NASDAQ:EYE) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 42,379 shares of the company’s stock, valued at approximately $555,000. AQR Capital Management LLC owned about 0.05% of National Vision as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in the company. CWM LLC raised its stake in National Vision by 44.8% in the 2nd quarter. CWM LLC now owns 2,717 shares of the company’s stock valued at $36,000 after purchasing an additional 841 shares during the last quarter. ProShare Advisors LLC raised its position in shares of National Vision by 7.4% during the 1st quarter. ProShare Advisors LLC now owns 15,674 shares of the company’s stock worth $347,000 after acquiring an additional 1,076 shares in the last quarter. Texas Permanent School Fund Corp increased its position in National Vision by 1.7% during the first quarter. Texas Permanent School Fund Corp now owns 68,480 shares of the company’s stock worth $1,518,000 after buying an additional 1,117 shares during the period. Linden Thomas Advisory Services LLC grew its stake in shares of National Vision by 10.0% in the 2nd quarter. Linden Thomas Advisory Services LLC now owns 20,176 shares of the company’s stock valued at $264,000 after purchasing an additional 1,832 shares during the last quarter. Finally, Innealta Capital LLC purchased a new position in shares of National Vision in the 2nd quarter valued at approximately $30,000.

National Vision Stock Performance

National Vision stock opened at $9.87 on Tuesday. The stock has a fifty day moving average price of $10.57 and a 200 day moving average price of $13.75. National Vision Holdings, Inc. has a 52 week low of $9.60 and a 52 week high of $24.11. 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 firm has a market capitalization of $775.40 million, a P/E ratio of -10.73, a PEG ratio of 1.99 and a beta of 1.41.

National Vision (NASDAQ:EYE) last posted its quarterly earnings results on Wednesday, August 7th. The company reported $0.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.09 by $0.06. National Vision had a positive return on equity of 3.53% and a negative net margin of 4.00%. The firm had revenue of $451.70 million during the quarter, compared to the consensus estimate of $451.35 million. During the same quarter in the previous year, the business earned $0.11 earnings per share. The firm’s quarterly revenue was down 14.0% compared to the same quarter last year. Equities research analysts anticipate that National Vision Holdings, Inc. will post 0.26 earnings per share for the current year.

Analyst Ratings Changes

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

About National Vision

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.