Squarepoint Ops LLC Has $1.80 Million Holdings in National Vision Holdings, Inc. (NASDAQ:EYE)

Squarepoint Ops LLC lessened its holdings in National Vision Holdings, Inc. (NASDAQ:EYE) by 22.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 137,280 shares of the company’s stock after selling 39,695 shares during the period. Squarepoint Ops LLC owned about 0.17% of National Vision worth $1,797,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. CWM LLC increased its holdings in shares of National Vision by 44.8% during the second quarter. CWM LLC now owns 2,717 shares of the company’s stock worth $36,000 after buying an additional 841 shares in the last quarter. ProShare Advisors LLC increased its holdings in National Vision by 7.4% in the 1st quarter. ProShare Advisors LLC now owns 15,674 shares of the company’s stock worth $347,000 after purchasing an additional 1,076 shares in the last quarter. Texas Permanent School Fund Corp raised its position in National Vision by 1.7% in the first quarter. Texas Permanent School Fund Corp now owns 68,480 shares of the company’s stock valued at $1,518,000 after purchasing an additional 1,117 shares during the last quarter. Linden Thomas Advisory Services LLC boosted its stake in shares of National Vision by 10.0% during the second quarter. Linden Thomas Advisory Services LLC now owns 20,176 shares of the company’s stock valued at $264,000 after purchasing an additional 1,832 shares in the last quarter. Finally, Innealta Capital LLC bought a new stake in shares of National Vision during the second quarter worth about $30,000.

Analyst Ratings Changes

EYE has been the topic of several recent research reports. 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 report on Friday, August 9th. UBS Group cut their price target on shares of National Vision from $20.00 to $18.00 and set a “buy” rating on the stock in a report on Thursday, August 8th. Finally, Barclays lowered their target price on National Vision from $16.00 to $11.00 and set an “equal weight” rating for the company in a research report on Thursday, August 8th. Three research analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $15.25.

National Vision Stock Up 3.0 %

Shares of NASDAQ EYE opened at $10.57 on Friday. The company’s 50 day moving average price is $11.02 and its 200-day moving average price is $14.38. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.41 and a current ratio of 0.55. National Vision Holdings, Inc. has a 52-week low of $9.60 and a 52-week high of $24.11. The company has a market capitalization of $830.39 million, a P/E ratio of -11.49, a price-to-earnings-growth ratio of 1.66 and a beta of 1.41.

National Vision (NASDAQ:EYE) last released its earnings results on Wednesday, August 7th. The company reported $0.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.06. National Vision had a negative net margin of 4.00% and a positive return on equity of 3.53%. The business had revenue of $451.70 million for the quarter, compared to analyst estimates of $451.35 million. During the same quarter in the previous year, the business earned $0.11 earnings per share. National Vision’s revenue for the quarter was down 14.0% on a year-over-year basis. Equities analysts forecast that National Vision Holdings, Inc. will post 0.33 earnings per share for the current year.

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.