National Vision Holdings, Inc. (NASDAQ:EYE) Position Trimmed by EntryPoint Capital LLC

EntryPoint Capital LLC reduced its holdings in National Vision Holdings, Inc. (NASDAQ:EYE) by 12.0% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 26,753 shares of the company’s stock after selling 3,639 shares during the quarter. EntryPoint Capital LLC’s holdings in National Vision were worth $279,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of EYE. Vanguard Group Inc. increased its holdings in shares of National Vision by 1.6% in the 4th quarter. Vanguard Group Inc. now owns 10,411,838 shares of the company’s stock worth $108,491,000 after acquiring an additional 167,735 shares during the period. Geode Capital Management LLC increased its stake in shares of National Vision by 2.5% in the third quarter. Geode Capital Management LLC now owns 1,900,371 shares of the company’s stock valued at $20,737,000 after purchasing an additional 45,754 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in shares of National Vision by 12.1% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,583,131 shares of the company’s stock valued at $16,496,000 after buying an additional 170,839 shares during the last quarter. Boston Partners acquired a new position in shares of National Vision during the fourth quarter worth approximately $12,594,000. Finally, Emerald Advisers LLC grew its holdings in National Vision by 23.1% in the 4th quarter. Emerald Advisers LLC now owns 991,100 shares of the company’s stock worth $10,327,000 after buying an additional 186,014 shares in the last quarter.

Analysts Set New Price Targets

EYE has been the subject of a number of analyst reports. Citigroup boosted their price target on National Vision from $12.00 to $13.00 and gave the stock a “neutral” rating in a research report on Friday, March 7th. Barclays increased their target price on shares of National Vision from $12.00 to $14.00 and gave the company an “equal weight” rating in a research report on Monday, March 3rd. Morgan Stanley dropped their price target on shares of National Vision from $14.00 to $13.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 21st. Finally, Wells Fargo & Company increased their price objective on shares of National Vision from $12.00 to $13.00 and gave the company an “equal weight” rating in a report on Thursday, February 27th. Five research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to MarketBeat, National Vision has an average rating of “Hold” and an average price target of $14.00.

National Vision Price Performance

Shares of National Vision stock opened at $13.26 on Friday. National Vision Holdings, Inc. has a 52 week low of $9.56 and a 52 week high of $22.47. 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 company’s 50-day moving average price is $11.99 and its two-hundred day moving average price is $11.26. The stock has a market cap of $1.04 billion, a PE ratio of -66.30, a price-to-earnings-growth ratio of 3.27 and a beta of 1.51.

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.