Stifel Financial Corp Grows Stake in National Vision Holdings, Inc. (NASDAQ:EYE)

Stifel Financial Corp grew its stake in shares of National Vision Holdings, Inc. (NASDAQ:EYE) by 38.8% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 33,443 shares of the company’s stock after purchasing an additional 9,342 shares during the quarter. Stifel Financial Corp’s holdings in National Vision were worth $365,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of EYE. Allspring Global Investments Holdings LLC grew its holdings in National Vision by 12.5% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 464,414 shares of the company’s stock valued at $6,079,000 after purchasing an additional 51,753 shares in the last quarter. Innealta Capital LLC acquired a new stake in shares of National Vision during the second quarter valued at about $30,000. Versor Investments LP grew its stake in shares of National Vision by 140.6% during the second quarter. Versor Investments LP now owns 52,260 shares of the company’s stock valued at $684,000 after acquiring an additional 30,537 shares in the last quarter. Victory Capital Management Inc. increased its position in shares of National Vision by 5.9% during the second quarter. Victory Capital Management Inc. now owns 58,035 shares of the company’s stock worth $760,000 after acquiring an additional 3,228 shares during the last quarter. Finally, Quest Partners LLC lifted its stake in shares of National Vision by 37.5% in the second quarter. Quest Partners LLC now owns 13,571 shares of the company’s stock worth $178,000 after acquiring an additional 3,702 shares in the last quarter.

National Vision Price Performance

Shares of NASDAQ EYE opened at $10.57 on Friday. The company has a quick ratio of 0.37, a current ratio of 0.57 and a debt-to-equity ratio of 0.30. National Vision Holdings, Inc. has a fifty-two week low of $9.56 and a fifty-two week high of $24.11. The business has a 50 day moving average price of $11.20 and a two-hundred day moving average price of $11.50. The firm has a market cap of $832.39 million, a PE ratio of -52.85, a price-to-earnings-growth ratio of 3.10 and a beta of 1.41.

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

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.