Emerald Advisers LLC Increases Stake in National Vision Holdings, Inc. (NASDAQ:EYE)

Emerald Advisers LLC lifted its position in National Vision Holdings, Inc. (NASDAQ:EYE) by 23.1% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 991,100 shares of the company’s stock after purchasing an additional 186,014 shares during the period. Emerald Advisers LLC owned about 1.26% of National Vision worth $10,327,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. KBC Group NV grew its stake in shares of National Vision by 64.6% in the third 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 last quarter. Quarry LP bought a new stake in shares of National Vision in the 3rd quarter worth approximately $43,000. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of National Vision during the third quarter valued at approximately $45,000. GAMMA Investing LLC boosted its holdings in National Vision by 309.2% in the fourth quarter. GAMMA Investing LLC now owns 4,906 shares of the company’s stock valued at $51,000 after acquiring an additional 3,707 shares in the last quarter. Finally, KLP Kapitalforvaltning AS purchased a new position in National Vision during the 4th quarter valued at $178,000.

Analysts Set New Price Targets

EYE has been the topic of a number of research reports. Morgan Stanley cut their target price on shares of National Vision from $14.00 to $13.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 21st. Barclays upped 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 target price on National Vision from $12.00 to $13.00 and gave the company an “equal weight” rating in a research note on Thursday, February 27th. Finally, Citigroup increased their price objective on National Vision from $12.00 to $13.00 and gave the stock a “neutral” rating in a report on Friday, March 7th. Five analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $14.00.

National Vision Price Performance

EYE opened at $13.02 on Friday. National Vision Holdings, Inc. has a 1 year low of $9.56 and a 1 year high of $22.71. The stock has a 50-day moving average price of $11.77 and a 200-day moving average price of $11.17. The firm has a market cap of $1.03 billion, a PE 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 current ratio of 0.57 and a quick ratio of 0.37.

National Vision 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.