National Vision Holdings, Inc. $EYE Shares Bought by Jupiter Asset Management Ltd.

Jupiter Asset Management Ltd. lifted its stake in National Vision Holdings, Inc. (NASDAQ:EYE) by 4,726.8% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 977,525 shares of the company’s stock after acquiring an additional 957,273 shares during the quarter. Jupiter Asset Management Ltd.’s holdings in National Vision were worth $28,534,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Fifth Third Bancorp boosted its holdings in National Vision by 1,889.5% in the 3rd quarter. Fifth Third Bancorp now owns 13,071 shares of the company’s stock worth $382,000 after acquiring an additional 12,414 shares during the period. HighTower Advisors LLC purchased a new stake in shares of National Vision during the third quarter valued at approximately $1,712,000. Public Sector Pension Investment Board lifted its position in shares of National Vision by 14.6% during the third quarter. Public Sector Pension Investment Board now owns 308,942 shares of the company’s stock worth $9,018,000 after purchasing an additional 39,394 shares in the last quarter. Illinois Municipal Retirement Fund boosted its stake in shares of National Vision by 6.8% in the third quarter. Illinois Municipal Retirement Fund now owns 41,885 shares of the company’s stock valued at $1,223,000 after purchasing an additional 2,676 shares during the period. Finally, LSV Asset Management purchased a new position in shares of National Vision in the third quarter valued at $93,000.

National Vision Price Performance

Shares of EYE opened at $27.20 on Friday. National Vision Holdings, Inc. has a 52 week low of $10.45 and a 52 week high of $30.02. The company has a current ratio of 0.53, a quick ratio of 0.32 and a debt-to-equity ratio of 0.28. The firm has a market cap of $2.16 billion, a price-to-earnings ratio of -906.36, a PEG ratio of 1.54 and a beta of 1.39. The stock has a 50 day moving average of $27.50 and a 200-day moving average of $26.31.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on EYE shares. Wall Street Zen downgraded shares of National Vision from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. Barclays raised their target price on National Vision from $28.00 to $30.00 and gave the company an “overweight” rating in a research note on Tuesday, November 18th. Morgan Stanley boosted their price target on National Vision from $26.00 to $30.00 and gave the stock an “equal weight” rating in a research note on Thursday, January 15th. Citigroup increased their price target on National Vision from $29.00 to $35.00 and gave the company a “buy” rating in a report on Tuesday, November 18th. Finally, UBS Group dropped their price objective on National Vision from $41.00 to $39.00 and set a “buy” rating on the stock in a report on Tuesday, November 18th. Two research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $29.00.

National Vision Company Profile

National Vision Holdings, Inc is an American optical retailer specializing in accessible vision care and eyewear. The company operates under multiple retail banners, offering comprehensive eye health services and a wide range of optical products. Since its founding in the early 1990s, National Vision has focused on providing value-driven solutions, targeting underserved and price‐conscious consumer segments.

Through its primary retail brands—including America’s Best Contacts & Eyeglasses, Eyeglass World, Optical America and Vista Optical—National Vision delivers services such as comprehensive eye examinations, prescription eyewear, contact lenses, sunglasses and lens accessories.