BNP Paribas Financial Markets Grows Stock Position in National Vision Holdings, Inc. (NASDAQ:EYE)

BNP Paribas Financial Markets lifted its holdings in shares of National Vision Holdings, Inc. (NASDAQ:EYE) by 11.5% during the third quarter, Holdings Channel.com reports. The fund owned 291,609 shares of the company’s stock after acquiring an additional 30,012 shares during the period. BNP Paribas Financial Markets’ holdings in National Vision were worth $3,181,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of EYE. CWM LLC increased its holdings in shares of National Vision by 44.8% in the second 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 period. GSA Capital Partners LLP raised its position in National Vision by 6.3% during the 3rd quarter. GSA Capital Partners LLP now owns 21,404 shares of the company’s stock worth $234,000 after buying an additional 1,273 shares during the last quarter. KBC Group NV lifted its stake in National Vision by 64.6% during the 3rd quarter. KBC Group NV now owns 3,291 shares of the company’s stock valued at $36,000 after acquiring an additional 1,292 shares during the period. Linden Thomas Advisory Services LLC increased its stake in shares of National Vision by 10.0% in the second quarter. Linden Thomas Advisory Services LLC now owns 20,176 shares of the company’s stock worth $264,000 after acquiring an additional 1,832 shares during the period. Finally, Stoneridge Investment Partners LLC raised its holdings in shares of National Vision by 15.3% during the third quarter. Stoneridge Investment Partners LLC now owns 15,036 shares of the company’s stock worth $164,000 after purchasing an additional 2,000 shares during the last quarter.

Wall Street Analysts Forecast Growth

EYE has been the subject of a number of recent research reports. UBS Group reduced their price objective on National Vision from $20.00 to $18.00 and set a “buy” rating for the company in a research note on Thursday, August 8th. The Goldman Sachs Group decreased 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, Barclays dropped their price objective on shares of 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.

National Vision Stock Down 1.4 %

Shares of EYE opened at $11.09 on Friday. The stock has a 50 day moving average price of $10.88 and a 200 day moving average price of $11.91. The stock has a market capitalization of $873.34 million, a price-to-earnings ratio of -55.45, a PEG ratio of 2.96 and a beta of 1.41. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.37 and a current ratio of 0.57. National Vision Holdings, Inc. has a one year low of $9.56 and a one year high of $24.11.

National Vision (NASDAQ:EYE) last released its quarterly earnings data on Wednesday, November 6th. The company reported $0.12 earnings per share for the quarter, topping analysts’ consensus estimates of $0.06 by $0.06. National Vision had a positive return on equity of 3.52% and a negative net margin of 0.81%. The company had revenue of $451.50 million for the quarter, compared to analyst estimates of $451.13 million. During the same quarter in the previous year, the company posted $0.09 earnings per share. The firm’s revenue for the quarter was down 15.2% compared to the same quarter last year. Equities research analysts forecast that National Vision Holdings, Inc. will post 0.27 earnings per share for the current fiscal year.

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.