Jennison Associates LLC Purchases 124,082 Shares of National Vision Holdings, Inc. (NASDAQ:EYE)

Jennison Associates LLC boosted its position in National Vision Holdings, Inc. (NASDAQ:EYEGet Rating) by 16.8% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 863,809 shares of the company’s stock after purchasing an additional 124,082 shares during the quarter. Jennison Associates LLC owned approximately 1.04% of National Vision worth $41,454,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in EYE. First Trust Advisors LP bought a new position in National Vision in the first quarter worth about $405,000. Raymond James & Associates increased its holdings in shares of National Vision by 0.9% during the third quarter. Raymond James & Associates now owns 38,438 shares of the company’s stock valued at $2,182,000 after acquiring an additional 325 shares in the last quarter. Deutsche Bank AG increased its holdings in shares of National Vision by 41.2% during the third quarter. Deutsche Bank AG now owns 136,278 shares of the company’s stock valued at $7,737,000 after acquiring an additional 39,772 shares in the last quarter. Swiss National Bank increased its holdings in shares of National Vision by 0.7% during the third quarter. Swiss National Bank now owns 179,900 shares of the company’s stock valued at $10,213,000 after acquiring an additional 1,300 shares in the last quarter. Finally, Boussard & Gavaudan Investment Management LLP acquired a new position in shares of National Vision during the third quarter valued at about $4,433,000.

EYE has been the topic of several recent analyst reports. Morgan Stanley cut their price objective on shares of National Vision from $70.00 to $65.00 and set an “overweight” rating on the stock in a report on Tuesday, March 1st. Barclays upped their target price on National Vision from $43.00 to $52.00 in a research report on Friday, April 1st. Wells Fargo & Company dropped their target price on National Vision from $65.00 to $60.00 in a research report on Wednesday, January 5th. The Goldman Sachs Group dropped their target price on National Vision from $48.00 to $41.00 and set a “neutral” rating on the stock in a research report on Tuesday, March 1st. Finally, TheStreet lowered National Vision from a “b-” rating to a “c+” rating in a research report on Wednesday, March 30th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $56.60.

National Vision stock traded down $1.32 during mid-day trading on Friday, hitting $37.65. The company had a trading volume of 1,229,411 shares, compared to its average volume of 607,463. The company has a current ratio of 1.50, a quick ratio of 1.14 and a debt-to-equity ratio of 0.61. National Vision Holdings, Inc. has a 12-month low of $34.70 and a 12-month high of $65.92. The company’s fifty day moving average is $41.40 and its 200-day moving average is $45.78. The company has a market capitalization of $3.07 billion, a price-to-earnings ratio of 26.51, a P/E/G ratio of 2.02 and a beta of 1.80.

National Vision (NASDAQ:EYEGet Rating) last released its quarterly earnings data on Monday, February 28th. The company reported $0.13 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.05) by $0.18. National Vision had a return on equity of 12.87% and a net margin of 6.17%. The business had revenue of $477.90 million for the quarter, compared to analyst estimates of $457.47 million. During the same quarter in the prior year, the firm posted $0.44 EPS. The business’s quarterly revenue was down 3.8% compared to the same quarter last year. As a group, sell-side analysts expect that National Vision Holdings, Inc. will post 0.86 EPS for the current fiscal year.

National Vision Profile (Get Rating)

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.

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Institutional Ownership by Quarter for National Vision (NASDAQ:EYE)

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