Public Sector Pension Investment Board Sells 6,000 Shares of National Vision Holdings, Inc. (NASDAQ:EYE)

Public Sector Pension Investment Board reduced its position in shares of National Vision Holdings, Inc. (NASDAQ:EYE) by 3.5% in the third quarter, HoldingsChannel reports. The institutional investor owned 166,852 shares of the company’s stock after selling 6,000 shares during the quarter. Public Sector Pension Investment Board’s holdings in National Vision were worth $1,820,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in EYE. Innealta Capital LLC bought a new position in shares of National Vision during the second quarter valued at about $30,000. Meeder Asset Management Inc. bought a new position in National Vision during the 2nd quarter valued at approximately $32,000. CWM LLC lifted its holdings in National Vision by 44.8% in the 2nd quarter. CWM LLC now owns 2,717 shares of the company’s stock worth $36,000 after buying an additional 841 shares during the period. KBC Group NV grew its position in shares of National Vision by 64.6% in the 3rd quarter. KBC Group NV now owns 3,291 shares of the company’s stock worth $36,000 after buying an additional 1,292 shares during the last quarter. Finally, Headlands Technologies LLC increased its stake in shares of National Vision by 688.3% during the second quarter. Headlands Technologies LLC now owns 8,750 shares of the company’s stock valued at $115,000 after buying an additional 7,640 shares during the period.

National Vision Price Performance

Shares of EYE stock opened at $11.09 on Friday. The company has a quick ratio of 0.37, a current ratio of 0.57 and a debt-to-equity ratio of 0.30. The stock has a market cap of $873.34 million, a price-to-earnings ratio of -55.45, a PEG ratio of 2.96 and a beta of 1.41. The business’s fifty day moving average is $10.88 and its 200 day moving average is $11.91. 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 issued its quarterly earnings results on Wednesday, November 6th. The company reported $0.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.06 by $0.06. National Vision had a negative net margin of 0.81% and a positive return on equity of 3.52%. The company had revenue of $451.50 million during the quarter, compared to analyst estimates of $451.13 million. During the same period last year, the business earned $0.09 EPS. National Vision’s quarterly revenue was down 15.2% compared to the same quarter last year. Research analysts expect that National Vision Holdings, Inc. will post 0.27 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts recently commented on the company. Barclays dropped their price target 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. The Goldman Sachs Group cut their target price on shares of National Vision from $20.00 to $13.00 and set a “neutral” rating on the stock in a research note on Friday, August 9th. Finally, UBS Group decreased their price target on shares of National Vision from $20.00 to $18.00 and set a “buy” rating for the company in a research note on Thursday, August 8th.

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.