Charles Schwab Investment Management Inc. Purchases 170,839 Shares of National Vision Holdings, Inc. (NASDAQ:EYE)

Charles Schwab Investment Management Inc. increased its position in shares of National Vision Holdings, Inc. (NASDAQ:EYE) by 12.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,583,131 shares of the company’s stock after buying an additional 170,839 shares during the period. Charles Schwab Investment Management Inc.’s holdings in National Vision were worth $16,496,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Point72 DIFC Ltd bought a new position in National Vision during the 3rd quarter worth about $2,858,000. Centiva Capital LP bought a new position in shares of National Vision during the third quarter valued at approximately $613,000. Geode Capital Management LLC increased its holdings in 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. FORA Capital LLC bought a new position in National Vision in the third quarter worth approximately $425,000. Finally, XTX Topco Ltd purchased a new stake in National Vision during the third quarter worth $403,000.

National Vision Trading Up 1.3 %

Shares of NASDAQ:EYE opened at $12.82 on Friday. National Vision Holdings, Inc. has a 1 year low of $9.56 and a 1 year high of $23.26. The business’s 50-day moving average is $11.72 and its 200 day moving average is $11.15. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.57 and a quick ratio of 0.37. The firm has a market capitalization of $1.01 billion, a P/E ratio of -64.10, a P/E/G ratio of 3.27 and a beta of 1.51.

Wall Street Analysts Forecast Growth

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