Sierra Summit Advisors LLC Acquires Shares of 33,054 National Vision Holdings, Inc. $EYE

Sierra Summit Advisors LLC acquired a new position in shares of National Vision Holdings, Inc. (NASDAQ:EYE) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 33,054 shares of the company’s stock, valued at approximately $965,000.

A number of other institutional investors also recently modified their holdings of the business. Smartleaf Asset Management LLC grew its stake in shares of National Vision by 14.7% in the third quarter. Smartleaf Asset Management LLC now owns 3,431 shares of the company’s stock valued at $100,000 after acquiring an additional 440 shares in the last quarter. Lazard Asset Management LLC boosted its holdings in National Vision by 0.9% in the 2nd quarter. Lazard Asset Management LLC now owns 68,819 shares of the company’s stock valued at $1,583,000 after purchasing an additional 637 shares during the period. Amalgamated Bank grew its position in shares of National Vision by 2.9% during the 3rd quarter. Amalgamated Bank now owns 23,112 shares of the company’s stock worth $675,000 after purchasing an additional 650 shares in the last quarter. Geneos Wealth Management Inc. bought a new position in shares of National Vision during the third quarter worth approximately $29,000. Finally, Captrust Financial Advisors raised its position in shares of National Vision by 11.7% in the second quarter. Captrust Financial Advisors now owns 11,463 shares of the company’s stock valued at $264,000 after buying an additional 1,200 shares in the last quarter.

National Vision Price Performance

National Vision stock opened at $26.97 on Friday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.32 and a current ratio of 0.53. National Vision Holdings, Inc. has a 52 week low of $10.45 and a 52 week high of $30.02. The stock has a market capitalization of $2.14 billion, a P/E ratio of -898.70, a price-to-earnings-growth ratio of 1.54 and a beta of 1.39. The stock has a fifty day moving average of $27.26 and a 200-day moving average of $26.44.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on EYE. Barclays increased their price target on National Vision from $28.00 to $30.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 18th. Wall Street Zen lowered National Vision from a “buy” rating to a “hold” rating in a report on Saturday, November 8th. National Bank Financial set a $32.00 price target on National Vision in a research report on Tuesday, December 9th. Citigroup upped their price objective on shares of National Vision from $29.00 to $35.00 and gave the stock a “buy” rating in a research report on Tuesday, November 18th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of National Vision in a report on Thursday, January 22nd. Two investment analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, National Vision presently has an average rating of “Moderate Buy” and a consensus target price of $29.00.

National Vision Profile

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.