Thrivent Financial for Lutherans Decreases Stock Position in National Vision Holdings, Inc. (NASDAQ:EYE)

Thrivent Financial for Lutherans decreased its holdings in National Vision Holdings, Inc. (NASDAQ:EYE) by 5.3% during the third quarter, HoldingsChannel.com reports. The firm owned 61,752 shares of the company’s stock after selling 3,465 shares during the quarter. Thrivent Financial for Lutherans’ holdings in National Vision were worth $674,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. CWM LLC boosted its position in National Vision by 44.8% during the second quarter. CWM LLC now owns 2,717 shares of the company’s stock valued at $36,000 after purchasing an additional 841 shares in the last quarter. GSA Capital Partners LLP raised its stake in shares of National Vision by 6.3% in the third quarter. GSA Capital Partners LLP now owns 21,404 shares of the company’s stock worth $234,000 after purchasing an additional 1,273 shares during the last quarter. KBC Group NV raised its stake in shares of National Vision by 64.6% in the third quarter. KBC Group NV now owns 3,291 shares of the company’s stock worth $36,000 after purchasing an additional 1,292 shares during the last quarter. Linden Thomas Advisory Services LLC raised its stake in shares of National Vision by 10.0% in the second quarter. Linden Thomas Advisory Services LLC now owns 20,176 shares of the company’s stock worth $264,000 after purchasing an additional 1,832 shares during the last quarter. Finally, Stoneridge Investment Partners LLC raised its stake in shares of National Vision by 15.3% in the third quarter. Stoneridge Investment Partners LLC now owns 15,036 shares of the company’s stock worth $164,000 after purchasing an additional 2,000 shares during the last quarter.

Analysts Set New Price Targets

Several research analysts have recently issued reports on EYE shares. The Goldman Sachs Group reduced their price objective on National Vision from $20.00 to $13.00 and set a “neutral” rating for the company in a research note on Friday, August 9th. Barclays reduced their price objective on National Vision from $16.00 to $11.00 and set an “equal weight” rating for the company in a research note on Thursday, August 8th. Finally, UBS Group reduced their price objective on National Vision from $20.00 to $18.00 and set a “buy” rating for the company in a research note on Thursday, August 8th.

National Vision Stock Down 0.8 %

Shares of EYE stock opened at $11.25 on Thursday. The stock has a 50 day moving average of $10.88 and a 200 day moving average of $11.92. The company has a current ratio of 0.57, a quick ratio of 0.37 and a debt-to-equity ratio of 0.30. The stock has a market cap of $885.94 million, a P/E ratio of -56.25, a P/E/G ratio of 3.01 and a beta of 1.41. National Vision Holdings, Inc. has a twelve month low of $9.56 and a twelve month high of $24.11.

National Vision (NASDAQ:EYE) last announced its quarterly earnings results on Wednesday, November 6th. The company reported $0.12 earnings per share for the quarter, beating the consensus estimate of $0.06 by $0.06. The company had revenue of $451.50 million during the quarter, compared to analysts’ expectations of $451.13 million. National Vision had a positive return on equity of 3.52% and a negative net margin of 0.81%. National Vision’s quarterly revenue was down 15.2% on a year-over-year basis. During the same period last year, the business earned $0.09 earnings per share. As a group, sell-side analysts expect that National Vision Holdings, Inc. will post 0.27 EPS for the current year.

National Vision Company Profile

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.