National Vision (NASDAQ:EYE) Given New $13.00 Price Target at Wells Fargo & Company

National Vision (NASDAQ:EYE) had its target price raised by Wells Fargo & Company from $12.00 to $13.00 in a report released on Thursday morning,Benzinga reports. Wells Fargo & Company currently has an equal weight rating on the stock.

Separately, Morgan Stanley decreased their price target on National Vision from $14.00 to $13.00 and set an “equal weight” rating for the company in a report on Tuesday, January 21st. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $13.60.

National Vision Price Performance

Shares of NASDAQ EYE opened at $12.37 on Thursday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.37 and a current ratio of 0.57. The firm’s 50-day simple moving average is $11.28 and its 200 day simple moving average is $10.98. The stock has a market cap of $974.14 million, a price-to-earnings ratio of -61.85, a PEG ratio of 3.27 and a beta of 1.44. National Vision has a fifty-two week low of $9.56 and a fifty-two week high of $24.11.

Institutional Trading of National Vision

A number of institutional investors and hedge funds have recently modified their holdings of the business. Geode Capital Management LLC boosted its stake in National Vision by 2.5% in the third quarter. Geode Capital Management LLC now owns 1,900,371 shares of the company’s stock valued at $20,737,000 after acquiring an additional 45,754 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in National Vision by 17.3% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,412,292 shares of the company’s stock valued at $15,408,000 after purchasing an additional 208,684 shares during the last quarter. Stifel Financial Corp raised its stake in shares of National Vision by 38.8% in the third quarter. Stifel Financial Corp now owns 33,443 shares of the company’s stock valued at $365,000 after buying an additional 9,342 shares during the period. Centiva Capital LP bought a new position in shares of National Vision during the 3rd quarter worth $613,000. Finally, GAMMA Investing LLC increased its holdings in National Vision by 309.2% in the 4th quarter. GAMMA Investing LLC now owns 4,906 shares of the company’s stock worth $51,000 after acquiring an additional 3,707 shares during the last quarter.

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.