National Vision Holdings, Inc. $EYE Shares Newly Purchased by Skylands Capital LLC

Skylands Capital LLC purchased a new position in shares of National Vision Holdings, Inc. (NASDAQ:EYE) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 41,545 shares of the company’s stock, valued at approximately $681,000. Skylands Capital LLC owned approximately 0.05% of National Vision as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in EYE. GAMMA Investing LLC raised its stake in shares of National Vision by 32.9% during the 3rd quarter. GAMMA Investing LLC now owns 7,813 shares of the company’s stock worth $128,000 after buying an additional 1,935 shares in the last quarter. Farther Finance Advisors LLC lifted its holdings in shares of National Vision by 147.6% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,840 shares of the company’s stock valued at $30,000 after buying an additional 1,097 shares during the period. WINTON GROUP Ltd lifted its holdings in shares of National Vision by 131.5% in the 2nd quarter. WINTON GROUP Ltd now owns 108,753 shares of the company’s stock valued at $2,067,000 after buying an additional 61,770 shares during the period. Engineers Gate Manager LP lifted its holdings in shares of National Vision by 224.9% in the 2nd quarter. Engineers Gate Manager LP now owns 74,232 shares of the company’s stock valued at $1,411,000 after buying an additional 51,382 shares during the period. Finally, Maven Securities LTD boosted its stake in shares of National Vision by 236.5% in the second quarter. Maven Securities LTD now owns 101,348 shares of the company’s stock valued at $1,927,000 after buying an additional 71,233 shares in the last quarter.

National Vision Stock Down 1.3%

National Vision stock opened at $17.72 on Thursday. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.27 and a current ratio of 0.59. The firm has a market capitalization of $1.40 billion, a price-to-earnings ratio of 24.93, a price-to-earnings-growth ratio of 1.42 and a beta of 0.98. National Vision Holdings, Inc. has a fifty-two week low of $14.75 and a fifty-two week high of $30.02. The stock’s fifty day moving average is $17.23 and its two-hundred day moving average is $19.26.

National Vision (NASDAQ:EYE) last announced its quarterly earnings results on Wednesday, August 12th. The company reported $0.25 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.07. The business had revenue of $498.81 million during the quarter. National Vision had a return on equity of 6.78% and a net margin of 2.47%. The company’s quarterly revenue was up 2.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.18 EPS. Analysts predict that National Vision Holdings, Inc. will post 0.65 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the company. Roth Capital reaffirmed a “buy” rating and set a $27.00 price objective on shares of National Vision in a report on Thursday, August 13th. Guggenheim set a $27.00 target price on shares of National Vision in a report on Friday, September 11th. UBS Group reduced their price target on shares of National Vision from $36.00 to $34.00 and set a “buy” rating for the company in a research report on Thursday, August 13th. Citigroup reduced their price target on shares of National Vision from $39.00 to $35.00 and set a “buy” rating for the company in a research report on Thursday, August 13th. Finally, Weiss Ratings lowered National Vision from a “hold (c)” rating to a “hold (c-)” rating in a research note on Tuesday, August 25th. Seven investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, National Vision presently has a consensus rating of “Moderate Buy” and an average price target of $29.82.

About National Vision

National Vision Holdings, Inc is an optical retail company that provides prescription eyewear, contact lenses, eye examinations and related vision-care services. The company operates primarily in the United States through a network of retail optical locations and digital channels.

Its principal brands include America’s Best Contacts & Eyeglasses, which offers eye exams, prescription glasses and contact lenses at value-oriented prices, and Eyeglass World, which provides similar products and services.