Fintel reports that William Blair Investment Management
has filed a 13G/A form
with the SEC disclosing ownership of
8.66MM
shares of National Vision Holdings Inc (EYE).
This represents 11.0% of the company.
In their previous filing dated February 9, 2023
they reported 6.91MM shares and 8.80% of the company,
an increase in shares of 25.40%
and
an increase in total ownership of
2.20% (calculated as current – previous percent ownership).
Analyst Price Forecast Suggests 62.96% Upside
As of March 30, 2023,
the average one-year price target for National Vision Holdings is $30.23.
The forecasts range from a low of $23.23 to a high of $47.25.
The average price target represents an increase of 62.96% from its latest reported closing price of $18.55.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for National Vision Holdings
is $2,170MM, an increase of 8.21%.
The projected annual non-GAAP EPS
is $1.00.
What is the Fund Sentiment?
There are 540 funds or institutions reporting positions in National Vision Holdings.
This is unchanged over the last quarter.
Average portfolio weight of all funds dedicated to EYE is 0.21%,
an increase
of 3.10%.
Total shares owned by institutions decreased
in the last three months by 2.81% to 122,845K shares.
The put/call ratio of EYE is 1.37, indicating a
bearish
outlook.
What are Other Shareholders Doing?
FISVX – Fidelity Small Cap Value Index Fund
holds 55K shares
representing 0.07% ownership of the company.
In it’s prior filing, the firm reported owning 52K shares, representing
an increase
of 4.75%.
The firm
increased
its portfolio allocation in EYE by 11.29% over the last quarter.
ISCB – iShares Morningstar Small-Cap ETF
holds 5K shares
representing 0.01% ownership of the company.
In it’s prior filing, the firm reported owning 5K shares, representing
a decrease
of 0.06%.
The firm
increased
its portfolio allocation in EYE by 2.28% over the last quarter.
Goldman Sachs Group
holds 731K shares
representing 0.92% ownership of the company.
In it’s prior filing, the firm reported owning 704K shares, representing
an increase
of 3.60%.
The firm
increased
its portfolio allocation in EYE by 19.22% over the last quarter.
THRIVENT SERIES FUND INC – Thrivent Small Cap Index Portfolio
holds 81K shares
representing 0.10% ownership of the company.
In it’s prior filing, the firm reported owning 82K shares, representing
a decrease
of 0.74%.
The firm
increased
its portfolio allocation in EYE by 8.55% over the last quarter.
Tax Managed Small Cap Portfolio – Tax Managed Small Cap Portfolio
holds 32K shares
representing 0.04% ownership of the company.
In it’s prior filing, the firm reported owning 41K shares, representing
a decrease
of 28.66%.
The firm
increased
its portfolio allocation in EYE by 3.35% over the last quarter.
National Vision Holdings Background Information
(This description is provided by the company.)
National Vision Holdings, Inc. is one of the largest optical retail companies in the United States with over 1,200 stores in 44 states plus the District of Columbia and Puerto Rico. With a mission of helping people by making quality eye care and eyewear more affordable and accessible, the company operates five retail brands: America’s Best Contacts & Eyeglasses, Eyeglass World, Vision Centers inside select Walmart stores, and Vista Opticals inside select Fred Meyer stores and on select military bases, and several e-commerce websites, offering a variety of products and services for customers’ eye care needs.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.