National Vision Holdings, Inc. (NASDAQ:EYE) saw some unusual options trading on Tuesday. Stock traders bought 2,600 call options on the stock. This is an increase of 2,103% compared to the typical daily volume of 118 call options.
A number of institutional investors and hedge funds have recently bought and sold shares of EYE. James Investment Research Inc. acquired a new stake in National Vision in the 4th quarter valued at approximately $27,000. Joseph P. Lucia & Associates LLC acquired a new position in National Vision during the fourth quarter worth about $32,000. Nisa Investment Advisors LLC lifted its holdings in National Vision by 20.0% in the 4th quarter. Nisa Investment Advisors LLC now owns 2,400 shares of the company’s stock valued at $109,000 after acquiring an additional 400 shares during the last quarter. Financial Counselors Inc. acquired a new stake in National Vision in the 4th quarter valued at about $210,000. Finally, Paloma Partners Management Co bought a new position in shares of National Vision during the 3rd quarter valued at about $237,000.
Shares of NASDAQ EYE opened at $46.27 on Thursday. The company has a quick ratio of 1.25, a current ratio of 1.56 and a debt-to-equity ratio of 0.75. The firm’s 50-day moving average price is $46.52 and its two-hundred day moving average price is $45.12. National Vision has a 52-week low of $19.07 and a 52-week high of $52.61. The stock has a market capitalization of $3.76 billion, a P/E ratio of 1,157.04, a P/E/G ratio of 20.67 and a beta of 1.77.
Several research analysts have commented on EYE shares. Morgan Stanley raised their price objective on National Vision from $48.00 to $58.00 and gave the company an “overweight” rating in a research report on Wednesday, January 20th. Citigroup raised their price objective on National Vision from $57.00 to $52.00 in a research report on Thursday, March 4th. Wells Fargo & Company lifted their price objective on National Vision from $52.00 to $55.00 and gave the stock an “overweight” rating in a report on Wednesday, March 3rd. Finally, Loop Capital lowered shares of National Vision from a “buy” rating to a “hold” rating in a research note on Monday, January 11th. They noted that the move was a valuation call. Two investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of $47.63.
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, 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, vision care benefit plan, and optometric services.
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