New York State Common Retirement Fund Acquires 59,188 Shares of National Vision Holdings, Inc. $EYE

New York State Common Retirement Fund lifted its holdings in shares of National Vision Holdings, Inc. (NASDAQ:EYE) by 19.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 362,380 shares of the company’s stock after purchasing an additional 59,188 shares during the quarter. New York State Common Retirement Fund owned 0.46% of National Vision worth $10,578,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Truist Financial Corp purchased a new position in National Vision in the 3rd quarter worth approximately $433,000. CIBC Asset Management Inc bought a new stake in shares of National Vision during the 3rd quarter worth $219,000. Y Intercept Hong Kong Ltd grew its position in National Vision by 358.8% in the third quarter. Y Intercept Hong Kong Ltd now owns 65,638 shares of the company’s stock worth $1,916,000 after acquiring an additional 51,331 shares in the last quarter. Teacher Retirement System of Texas grew its position in National Vision by 17.4% in the third quarter. Teacher Retirement System of Texas now owns 24,932 shares of the company’s stock worth $728,000 after acquiring an additional 3,692 shares in the last quarter. Finally, Emerald Mutual Fund Advisers Trust increased its stake in National Vision by 15.5% in the third quarter. Emerald Mutual Fund Advisers Trust now owns 966,266 shares of the company’s stock valued at $28,205,000 after acquiring an additional 129,907 shares during the last quarter.

National Vision Stock Up 1.0%

Shares of National Vision stock opened at $27.35 on Wednesday. National Vision Holdings, Inc. has a 12-month low of $10.45 and a 12-month high of $30.02. The company has a current ratio of 0.53, a quick ratio of 0.32 and a debt-to-equity ratio of 0.28. The company’s fifty day simple moving average is $27.68 and its two-hundred day simple moving average is $26.06. The company has a market cap of $2.17 billion, a P/E ratio of -911.36, a PEG ratio of 1.54 and a beta of 1.39.

National Vision (NASDAQ:EYE) last announced its earnings results on Wednesday, November 5th. The company reported $0.13 EPS for the quarter, beating analysts’ consensus estimates of $0.12 by $0.01. The firm had revenue of $487.33 million for the quarter, compared to analysts’ expectations of $472.98 million. National Vision had a negative net margin of 0.12% and a positive return on equity of 3.58%. The company’s quarterly revenue was up 7.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.12 EPS. Research analysts anticipate that National Vision Holdings, Inc. will post 0.31 EPS for the current year.

Analysts Set New Price Targets

EYE has been the subject of several research analyst reports. Guggenheim raised National Vision to a “strong-buy” rating in a research note on Wednesday, December 10th. Morgan Stanley boosted their target price on National Vision from $26.00 to $30.00 and gave the stock an “equal weight” rating in a research report on Thursday, January 15th. UBS Group reduced their price target on shares of National Vision from $41.00 to $39.00 and set a “buy” rating on the stock in a research report on Tuesday, November 18th. Citigroup lifted their price target on shares of National Vision from $29.00 to $35.00 and gave the stock a “buy” rating in a research note on Tuesday, November 18th. Finally, Wall Street Zen cut shares of National Vision from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. Two equities research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, National Vision presently has a consensus rating of “Moderate Buy” and a consensus target price of $29.00.

About National Vision

National Vision Holdings, Inc is an American optical retailer specializing in accessible vision care and eyewear. The company operates under multiple retail banners, offering comprehensive eye health services and a wide range of optical products. Since its founding in the early 1990s, National Vision has focused on providing value-driven solutions, targeting underserved and price‐conscious consumer segments.

Through its primary retail brands—including America’s Best Contacts & Eyeglasses, Eyeglass World, Optical America and Vista Optical—National Vision delivers services such as comprehensive eye examinations, prescription eyewear, contact lenses, sunglasses and lens accessories.