GAMMA Investing LLC Buys 3,707 Shares of National Vision Holdings, Inc. (NASDAQ:EYE)

GAMMA Investing LLC raised its holdings in shares of National Vision Holdings, Inc. (NASDAQ:EYE) by 309.2% in the 4th quarter, Holdings Channel reports. The institutional investor owned 4,906 shares of the company’s stock after purchasing an additional 3,707 shares during the quarter. GAMMA Investing LLC’s holdings in National Vision were worth $51,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the business. Franklin Resources Inc. boosted its position in shares of National Vision by 7.9% during the third quarter. Franklin Resources Inc. now owns 32,708 shares of the company’s stock valued at $357,000 after buying an additional 2,404 shares during the period. Geode Capital Management LLC boosted its position in shares of National Vision by 2.5% during the third quarter. Geode Capital Management LLC now owns 1,900,371 shares of the company’s stock valued at $20,737,000 after buying an additional 45,754 shares during the period. Y Intercept Hong Kong Ltd boosted its position in shares of National Vision by 38.8% during the third quarter. Y Intercept Hong Kong Ltd now owns 47,080 shares of the company’s stock valued at $514,000 after buying an additional 13,171 shares during the period. XTX Topco Ltd purchased a new stake in shares of National Vision in the third quarter valued at approximately $403,000. Finally, Stifel Financial Corp boosted its holdings in shares of National Vision by 38.8% in the third quarter. Stifel Financial Corp now owns 33,443 shares of the company’s stock valued at $365,000 after purchasing an additional 9,342 shares during the period.

Wall Street Analysts Forecast Growth

Separately, Wells Fargo & Company lowered their price target on National Vision from $13.00 to $12.00 and set an “equal weight” rating for the company in a report on Monday, January 6th.

National Vision Stock Up 0.6 %

Shares of NASDAQ EYE opened at $10.58 on Tuesday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.37 and a current ratio of 0.57. The firm has a market capitalization of $833.18 million, a price-to-earnings ratio of -52.90, a PEG ratio of 2.98 and a beta of 1.42. The stock has a 50 day moving average price of $11.30 and a 200 day moving average price of $11.29. National Vision Holdings, Inc. has a 52-week low of $9.56 and a 52-week high of $24.11.

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