Advantage Alpha Capital Partners LP Sells 12,722 Shares of National Vision Holdings, Inc. (NASDAQ:EYE)

Advantage Alpha Capital Partners LP reduced its position in shares of National Vision Holdings, Inc. (NASDAQ:EYE) by 8.7% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 133,039 shares of the company’s stock after selling 12,722 shares during the quarter. Advantage Alpha Capital Partners LP’s holdings in National Vision were worth $1,386,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in EYE. Crossmark Global Holdings Inc. grew its position in National Vision by 4.0% during the fourth quarter. Crossmark Global Holdings Inc. now owns 28,676 shares of the company’s stock valued at $298,000 after buying an additional 1,100 shares during the period. GSA Capital Partners LLP increased its stake in shares of National Vision by 6.3% in the 3rd quarter. GSA Capital Partners LLP now owns 21,404 shares of the company’s stock worth $234,000 after purchasing an additional 1,273 shares in the last quarter. KBC Group NV raised its holdings in National Vision by 64.6% in the 3rd quarter. KBC Group NV now owns 3,291 shares of the company’s stock worth $36,000 after purchasing an additional 1,292 shares during the period. Franklin Resources Inc. lifted its position in National Vision by 7.9% during the third quarter. Franklin Resources Inc. now owns 32,708 shares of the company’s stock valued at $357,000 after purchasing an additional 2,404 shares in the last quarter. Finally, Stoneridge Investment Partners LLC grew its holdings in National Vision by 16.5% during the fourth quarter. Stoneridge Investment Partners LLC now owns 17,511 shares of the company’s stock valued at $182,000 after purchasing an additional 2,475 shares during the period.

National Vision Stock Performance

Shares of NASDAQ EYE opened at $13.02 on Monday. The firm’s fifty day moving average is $11.77 and its two-hundred day moving average is $11.18. National Vision Holdings, Inc. has a 52-week low of $9.56 and a 52-week high of $22.71. The company has a market cap of $1.03 billion, a P/E ratio of -65.10, a P/E/G ratio of 3.27 and a beta of 1.51. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.37 and a current ratio of 0.57.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on EYE. Wells Fargo & Company lifted their price objective on National Vision from $12.00 to $13.00 and gave the company an “equal weight” rating in a research report on Thursday, February 27th. Morgan Stanley reduced their price objective on shares of 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. Barclays upped their target price on shares of National Vision from $12.00 to $14.00 and gave the stock an “equal weight” rating in a report on Monday, March 3rd. Finally, Citigroup raised their price target on National Vision from $12.00 to $13.00 and gave the company a “neutral” rating in a report on Friday, March 7th. Five investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat.com, National Vision presently has an average rating of “Hold” and an average price target of $14.00.

National Vision Company Profile

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.