National Vision Holdings, Inc. (NASDAQ:EYE) Shares Acquired by Bank of New York Mellon Corp

Bank of New York Mellon Corp increased its position in shares of National Vision Holdings, Inc. (NASDAQ:EYE) by 2.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 523,591 shares of the company’s stock after buying an additional 12,190 shares during the period. Bank of New York Mellon Corp’s holdings in National Vision were worth $5,456,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in EYE. Geode Capital Management LLC increased 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 worth $20,737,000 after acquiring an additional 45,754 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in National Vision by 17.3% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,412,292 shares of the company’s stock valued at $15,408,000 after purchasing an additional 208,684 shares during the last quarter. Principal Financial Group Inc. grew its stake in National Vision by 3.0% during the 4th quarter. Principal Financial Group Inc. now owns 382,016 shares of the company’s stock valued at $3,981,000 after purchasing an additional 11,281 shares in the last quarter. BNP Paribas Financial Markets increased its holdings in National Vision by 11.5% during the 3rd quarter. BNP Paribas Financial Markets now owns 291,609 shares of the company’s stock worth $3,181,000 after purchasing an additional 30,012 shares during the last quarter. Finally, Point72 DIFC Ltd acquired a new position in shares of National Vision in the 3rd quarter valued at approximately $2,858,000.

National Vision Stock Performance

National Vision stock opened at $12.06 on Tuesday. The company has a market cap of $950.12 million, a PE ratio of -60.30, a P/E/G ratio of 3.27 and a beta of 1.51. National Vision Holdings, Inc. has a 12 month low of $9.56 and a 12 month high of $23.26. The company has a fifty day moving average price of $11.61 and a two-hundred day moving average price of $11.12. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.57 and a quick ratio of 0.37.

Analysts Set New Price Targets

A number of research firms have recently weighed in on EYE. Citigroup raised their price target on shares of National Vision from $12.00 to $13.00 and gave the stock a “neutral” rating in a research report on Friday, March 7th. Barclays raised their price objective on shares of National Vision from $12.00 to $14.00 and gave the stock an “equal weight” rating in a report on Monday, March 3rd. Morgan Stanley dropped their target price on shares of National Vision from $14.00 to $13.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 21st. Finally, Wells Fargo & Company increased their price target on shares of National Vision from $12.00 to $13.00 and gave the stock an “equal weight” rating in a research report on Thursday, February 27th. Five research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $14.00.

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.