Dimensional Fund Advisors LP Invests $753,000 in National Vision Holdings Inc (EYE) Stock

Dimensional Fund Advisors LP acquired a new position in shares of National Vision Holdings Inc (NASDAQ:EYE) in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 20,588 shares of the company’s stock, valued at approximately $753,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Teacher Retirement System of Texas bought a new position in National Vision during the 2nd quarter worth $249,000. Barclays PLC grew its stake in National Vision by 225.9% during the 1st quarter. Barclays PLC now owns 9,490 shares of the company’s stock worth $307,000 after buying an additional 6,578 shares during the last quarter. Cubist Systematic Strategies LLC grew its stake in National Vision by 69.8% during the 1st quarter. Cubist Systematic Strategies LLC now owns 10,892 shares of the company’s stock worth $352,000 after buying an additional 4,479 shares during the last quarter. New York State Common Retirement Fund grew its stake in National Vision by 118.5% during the 1st quarter. New York State Common Retirement Fund now owns 20,100 shares of the company’s stock worth $649,000 after buying an additional 10,900 shares during the last quarter. Finally, Legal & General Group Plc boosted its position in National Vision by 390.2% during the 1st quarter. Legal & General Group Plc now owns 22,249 shares of the company’s stock worth $719,000 after acquiring an additional 17,710 shares during the period.

In other news, SVP Jeff Busbee sold 6,782 shares of the company’s stock in a transaction on Thursday, August 2nd. The stock was sold at an average price of $38.26, for a total value of $259,479.32. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO L Reade Fahs sold 10,000 shares of the company’s stock in a transaction on Wednesday, September 5th. The shares were sold at an average price of $44.43, for a total value of $444,300.00. The disclosure for this sale can be found here. In the last 90 days, insiders sold 2,202,827 shares of company stock valued at $84,530,835. Insiders own 2.82% of the company’s stock.



A number of research analysts have issued reports on the company. Zacks Investment Research upgraded National Vision from a “hold” rating to a “buy” rating and set a $46.00 price target for the company in a research report on Wednesday, August 1st. Jefferies Financial Group set a $50.00 price target on National Vision and gave the stock a “buy” rating in a research report on Tuesday, August 14th. Bank of America boosted their price target on National Vision from $42.00 to $45.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 15th. Citigroup boosted their price target on National Vision from $43.00 to $51.00 and gave the stock a “buy” rating in a research report on Thursday, August 16th. Finally, Barclays assumed coverage on National Vision in a research report on Tuesday, October 2nd. They set an “equal weight” rating and a $50.00 price target for the company. Four research analysts have rated the stock with a hold rating, six have assigned a buy rating and two have assigned a strong buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $45.00.

Shares of National Vision stock opened at $42.29 on Wednesday. The company has a quick ratio of 0.55, a current ratio of 1.05 and a debt-to-equity ratio of 0.78. The firm has a market capitalization of $3.11 billion and a PE ratio of 79.79. National Vision Holdings Inc has a fifty-two week low of $27.68 and a fifty-two week high of $46.63.

National Vision (NASDAQ:EYE) last announced its quarterly earnings data on Tuesday, August 14th. The company reported $0.21 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.17 by $0.04. The business had revenue of $385.53 million during the quarter, compared to analyst estimates of $371.40 million. National Vision had a return on equity of 7.47% and a net margin of 4.68%. The company’s revenue was up 14.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.12 earnings per share. Equities analysts anticipate that National Vision Holdings Inc will post 0.66 earnings per share for the current fiscal year.

National Vision Company Profile

National Vision Holdings, Inc, through its subsidiaries, operates as an optical retailer primarily in the United States. The company operates in two segments, Owned & Host and Legacy. It offers eyeglasses and contact lenses under the America's Best, Eyeglass World, Walmart Vision Center, Vista Optical Fred Meyer, and Vista Optical Military brand stores, as well as provides optometric services.

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Institutional Ownership by Quarter for National Vision (NASDAQ:EYE)

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