Boston Partners Invests $12.59 Million in National Vision Holdings, Inc. (NASDAQ:EYE)

Boston Partners acquired a new stake in shares of National Vision Holdings, Inc. (NASDAQ:EYE) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,207,964 shares of the company’s stock, valued at approximately $12,594,000.

Other institutional investors also recently bought and sold shares of the company. KBC Group NV increased its position in shares of National Vision by 64.6% during the 3rd quarter. KBC Group NV now owns 3,291 shares of the company’s stock valued at $36,000 after purchasing an additional 1,292 shares during the last quarter. Quarry LP bought a new stake in National Vision during the third quarter valued at approximately $43,000. Point72 Asia Singapore Pte. Ltd. purchased a new stake in National Vision during the third quarter valued at approximately $45,000. GAMMA Investing LLC raised its position in National Vision by 309.2% in the fourth quarter. GAMMA Investing LLC now owns 4,906 shares of the company’s stock worth $51,000 after acquiring an additional 3,707 shares during the period. Finally, Stoneridge Investment Partners LLC boosted its stake in shares of National Vision by 16.5% during the 4th quarter. Stoneridge Investment Partners LLC now owns 17,511 shares of the company’s stock worth $182,000 after acquiring an additional 2,475 shares during the last quarter.

Wall Street Analyst Weigh In

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

National Vision Stock Up 1.3 %

NASDAQ EYE opened at $12.82 on Friday. The company has a current ratio of 0.57, a quick ratio of 0.37 and a debt-to-equity ratio of 0.30. National Vision Holdings, Inc. has a 12 month low of $9.56 and a 12 month high of $23.26. The stock’s 50 day moving average is $11.72 and its 200 day moving average is $11.15. The stock has a market cap of $1.01 billion, a PE ratio of -64.10, a P/E/G 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.