General Equity Holdings LP Invests $1.84 Million in National Vision Holdings, Inc. $EYE

General Equity Holdings LP acquired a new stake in National Vision Holdings, Inc. (NASDAQ:EYE) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 80,000 shares of the company’s stock, valued at approximately $1,841,000. National Vision comprises about 1.4% of General Equity Holdings LP’s investment portfolio, making the stock its 9th biggest holding.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Castleark Management LLC acquired a new stake in shares of National Vision in the second quarter valued at approximately $5,878,000. Public Sector Pension Investment Board grew its holdings in National Vision by 7.9% in the 2nd quarter. Public Sector Pension Investment Board now owns 269,548 shares of the company’s stock worth $6,202,000 after buying an additional 19,833 shares in the last quarter. CANADA LIFE ASSURANCE Co increased its position in National Vision by 2.6% in the 2nd quarter. CANADA LIFE ASSURANCE Co now owns 89,776 shares of the company’s stock valued at $2,063,000 after acquiring an additional 2,243 shares during the period. Tower Research Capital LLC TRC raised its stake in National Vision by 168.4% during the 2nd quarter. Tower Research Capital LLC TRC now owns 18,338 shares of the company’s stock valued at $422,000 after acquiring an additional 11,506 shares in the last quarter. Finally, Captrust Financial Advisors boosted its position in National Vision by 11.7% during the 2nd quarter. Captrust Financial Advisors now owns 11,463 shares of the company’s stock worth $264,000 after acquiring an additional 1,200 shares during the period.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on EYE. Wall Street Zen lowered National Vision from a “buy” rating to a “hold” rating in a report on Saturday, November 8th. National Bankshares set a $32.00 target price on shares of National Vision in a research note on Tuesday. Barclays boosted their price target on shares of National Vision from $28.00 to $30.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 18th. UBS Group decreased their price objective on shares of National Vision from $41.00 to $39.00 and set a “buy” rating for the company in a report on Tuesday, November 18th. Finally, Citigroup boosted their target price on National Vision from $29.00 to $35.00 and gave the stock a “buy” rating in a report on Tuesday, November 18th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $27.58.

National Vision Stock Performance

NASDAQ:EYE opened at $28.83 on Friday. The company has a 50-day moving average of $26.57 and a 200-day moving average of $24.87. The firm has a market cap of $2.29 billion, a price-to-earnings ratio of -960.68, a price-to-earnings-growth ratio of 2.59 and a beta of 1.37. The company has a current ratio of 0.53, a quick ratio of 0.32 and a debt-to-equity ratio of 0.28. National Vision Holdings, Inc. has a twelve month low of $9.93 and a twelve month high of $29.87.

National Vision (NASDAQ:EYE) last released its earnings results on Wednesday, November 5th. The company reported $0.13 EPS for the quarter, beating the consensus estimate of $0.12 by $0.01. The business had revenue of $487.33 million during the quarter, compared to analyst estimates of $472.98 million. National Vision had a negative net margin of 0.12% and a positive return on equity of 3.58%. The business’s quarterly revenue was up 7.9% on a year-over-year basis. During the same period in the prior year, the business earned $0.12 earnings per share. National Vision has set its FY 2025 guidance at 0.620-0.700 EPS. Analysts forecast that National Vision Holdings, Inc. will post 0.31 earnings per share for the current fiscal year.

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.