Northern Trust Corp Has $8.99 Million Stock Holdings in National Vision Holdings, Inc. (NASDAQ:EYE)

Northern Trust Corp raised its holdings in shares of National Vision Holdings, Inc. (NASDAQ:EYE - Free Report) by 11.7% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 862,481 shares of the company's stock after acquiring an additional 90,466 shares during the period. Northern Trust Corp owned approximately 1.10% of National Vision worth $8,987,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Tower Research Capital LLC TRC grew its holdings in National Vision by 87.5% during the fourth quarter. Tower Research Capital LLC TRC now owns 7,050 shares of the company's stock valued at $73,000 after purchasing an additional 3,291 shares during the period. Guggenheim Capital LLC bought a new position in shares of National Vision during the fourth quarter worth $150,000. Norges Bank acquired a new position in shares of National Vision in the 4th quarter valued at $176,000. KLP Kapitalforvaltning AS bought a new stake in shares of National Vision in the 4th quarter valued at $178,000. Finally, Stoneridge Investment Partners LLC raised its stake in National Vision by 16.5% during the 4th quarter. Stoneridge Investment Partners LLC now owns 17,511 shares of the company's stock worth $182,000 after buying an additional 2,475 shares during the period.

National Vision Stock Up 1.2%

EYE traded up $0.23 during trading hours on Friday, hitting $18.97. 605,325 shares of the company's stock were exchanged, compared to its average volume of 1,803,909. The stock has a market cap of $1.50 billion, a price-to-earnings ratio of -94.77, a PEG ratio of 3.27 and a beta of 1.02. National Vision Holdings, Inc. has a 1-year low of $9.56 and a 1-year high of $19.49. The stock's 50-day moving average is $13.68 and its two-hundred day moving average is $12.25. The company has a quick ratio of 0.37, a current ratio of 0.57 and a debt-to-equity ratio of 0.30.

National Vision (NASDAQ:EYE - Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The company reported $0.34 EPS for the quarter, topping analysts' consensus estimates of $0.32 by $0.02. National Vision had a negative net margin of 0.81% and a positive return on equity of 3.52%. The company had revenue of $510.32 million during the quarter, compared to the consensus estimate of $510.30 million. During the same period in the prior year, the business posted $0.32 EPS. The company's quarterly revenue was up 5.7% on a year-over-year basis. Sell-side analysts predict that National Vision Holdings, Inc. will post 0.31 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms have issued reports on EYE. UBS Group boosted their target price on National Vision from $18.00 to $20.00 and gave the company a "buy" rating in a research note on Thursday, May 8th. Wells Fargo & Company boosted their price objective on National Vision from $13.00 to $15.00 and gave the company an "equal weight" rating in a research report on Thursday, May 8th. BMO Capital Markets set a $19.00 target price on National Vision and gave the stock a "market perform" rating in a research note on Monday. Loop Capital raised their target price on shares of National Vision from $18.00 to $20.00 and gave the stock a "buy" rating in a report on Thursday, May 8th. Finally, Barclays upped their price target on shares of National Vision from $14.00 to $17.00 and gave the company an "equal weight" rating in a report on Monday, May 12th. Five investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, National Vision currently has an average rating of "Hold" and an average price target of $17.75.

Insider Buying and Selling

In other National Vision news, SVP Ravi Acharya sold 12,000 shares of the business's stock in a transaction that occurred on Tuesday, May 13th. The stock was sold at an average price of $18.75, for a total transaction of $225,000.00. Following the transaction, the senior vice president now owns 11,700 shares of the company's stock, valued at $219,375. The trade was a 50.63% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.70% of the stock is owned by corporate insiders.

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.