46,532 Shares in Vantiv, Inc. (VNTV) Purchased by BlueCrest Capital Management Ltd

BlueCrest Capital Management Ltd purchased a new position in shares of Vantiv, Inc. (NYSE:VNTV) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 46,532 shares of the business services provider’s stock, valued at approximately $2,947,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of VNTV. Great Lakes Advisors LLC boosted its position in Vantiv by 1.5% during the second quarter. Great Lakes Advisors LLC now owns 3,218 shares of the business services provider’s stock valued at $204,000 after purchasing an additional 47 shares in the last quarter. Shaker Investments LLC OH boosted its position in Vantiv by 0.7% during the second quarter. Shaker Investments LLC OH now owns 11,480 shares of the business services provider’s stock valued at $727,000 after purchasing an additional 80 shares in the last quarter. Wedge Capital Management L L P NC boosted its position in Vantiv by 0.8% during the second quarter. Wedge Capital Management L L P NC now owns 12,990 shares of the business services provider’s stock valued at $823,000 after purchasing an additional 98 shares in the last quarter. Capstone Asset Management Co. boosted its position in Vantiv by 3.1% during the second quarter. Capstone Asset Management Co. now owns 4,629 shares of the business services provider’s stock valued at $293,000 after purchasing an additional 140 shares in the last quarter. Finally, Associated Banc Corp boosted its position in Vantiv by 1.2% during the second quarter. Associated Banc Corp now owns 17,908 shares of the business services provider’s stock valued at $1,134,000 after purchasing an additional 215 shares in the last quarter. 80.16% of the stock is currently owned by institutional investors and hedge funds.

ILLEGAL ACTIVITY NOTICE: “46,532 Shares in Vantiv, Inc. (VNTV) Purchased by BlueCrest Capital Management Ltd” was originally reported by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this piece of content on another publication, it was illegally stolen and republished in violation of international trademark and copyright legislation. The correct version of this piece of content can be accessed at https://ledgergazette.com/2017/10/10/46532-shares-in-vantiv-inc-vntv-purchased-by-bluecrest-capital-management-ltd.html.

Shares of Vantiv, Inc. (NYSE:VNTV) traded up 0.41% on Tuesday, hitting $71.45. The stock had a trading volume of 153,137 shares. Vantiv, Inc. has a 52-week low of $54.38 and a 52-week high of $73.14. The firm’s 50-day moving average price is $71.44 and its 200 day moving average price is $65.63. The firm has a market cap of $11.52 billion, a PE ratio of 60.40 and a beta of 0.61.

Vantiv (NYSE:VNTV) last issued its earnings results on Wednesday, August 9th. The business services provider reported $0.83 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.82 by $0.01. The business had revenue of $530.00 million during the quarter, compared to the consensus estimate of $525.12 million. Vantiv had a return on equity of 33.54% and a net margin of 5.58%. The company’s revenue for the quarter was up 10.3% on a year-over-year basis. During the same period in the prior year, the business posted $0.70 EPS. On average, equities research analysts predict that Vantiv, Inc. will post $3.35 EPS for the current year.

A number of brokerages recently weighed in on VNTV. KeyCorp downgraded Vantiv to a “hold” rating in a research report on Monday, June 12th. Deutsche Bank AG reaffirmed a “buy” rating and set a $72.00 price objective (up previously from $67.00) on shares of Vantiv in a research report on Thursday, August 10th. Piper Jaffray Companies reaffirmed a “hold” rating and set a $77.00 price objective on shares of Vantiv in a research report on Thursday, August 24th. BidaskC

Several other institutional investors and hedge funds have also recently bought and sold shares of VNTV. Great Lakes Advisors LLC boosted its position in Vantiv by 1.5% during the second quarter. Great Lakes Advisors LLC now owns 3,218 shares of the business services provider’s stock valued at $204,000 after purchasing an additional 47 shares in the last quarter. Shaker Investments LLC OH boosted its position in Vantiv by 0.7% during the second quarter. Shaker Investments LLC OH now owns 11,480 shares of the business services provider’s stock valued at $727,000 after purchasing an additional 80 shares in the last quarter. Wedge Capital Management L L P NC boosted its position in Vantiv by 0.8% during the second quarter. Wedge Capital Management L L P NC now owns 12,990 shares of the business services provider’s stock valued at $823,000 after purchasing an additional 98 shares in the last quarter. Capstone Asset Management Co. boosted its position in Vantiv by 3.1% during the second quarter. Capstone Asset Management Co. now owns 4,629 shares of the business services provider’s stock valued at $293,000 after purchasing an additional 140 shares in the last quarter. Finally, Associated Banc Corp boosted its position in Vantiv by 1.2% during the second quarter. Associated Banc Corp now owns 17,908 shares of the business services provider’s stock valued at $1,134,000 after purchasing an additional 215 shares in the last quarter. 80.16% of the stock is currently owned by institutional investors and hedge funds.

ILLEGAL ACTIVITY NOTICE: “46,532 Shares in Vantiv, Inc. (VNTV) Purchased by BlueCrest Capital Management Ltd” was originally reported by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this piece of content on another publication, it was illegally stolen and republished in violation of international trademark and copyright legislation. The correct version of this piece of content can be accessed at https://ledgergazette.com/2017/10/10/46532-shares-in-vantiv-inc-vntv-purchased-by-bluecrest-capital-management-ltd.html.

Shares of Vantiv, Inc. (NYSE:VNTV) traded up 0.41% on Tuesday, hitting $71.45. The stock had a trading volume of 153,137 shares. Vantiv, Inc. has a 52-week low of $54.38 and a 52-week high of $73.14. The firm’s 50-day moving average price is $71.44 and its 200 day moving average price is $65.63. The firm has a market cap of $11.52 billion, a PE ratio of 60.40 and a beta of 0.61.

Vantiv (NYSE:VNTV) last issued its earnings results on Wednesday, August 9th. The business services provider reported $0.83 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.82 by $0.01. The business had revenue of $530.00 million during the quarter, compared to the consensus estimate of $525.12 million. Vantiv had a return on equity of 33.54% and a net margin of 5.58%. The company’s revenue for the quarter was up 10.3% on a year-over-year basis. During the same period in the prior year, the business posted $0.70 EPS. On average, equities research analysts predict that Vantiv, Inc. will post $3.35 EPS for the current year.

A number of brokerages recently weighed in on VNTV. KeyCorp downgraded Vantiv to a “hold” rating in a research report on Monday, June 12th. Deutsche Bank AG reaffirmed a “buy” rating and set a $72.00 price objective (up previously from $67.00) on shares of Vantiv in a research report on Thursday, August 10th. Piper Jaffray Companies reaffirmed a “hold” rating and set a $77.00 price objective on shares of Vantiv in a research report on Thursday, August 24th. BidaskClub downgraded Vantiv from a “hold” rating to a “sell” rating in a research report on Thursday, September 28th. Finally, Stifel Nicolaus raised Vantiv from a “hold” rating to a “buy” rating and raised their price objective for the company from $63.00 to $85.00 in a research report on Thursday, August 10th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and eighteen have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $75.40.

Vantiv Profile

Vantiv, Inc is a holding company. The Company conducts its operations through its subsidiary, Vantiv Holding, LLC. The Company is a payment processor. The Company’s segments include Merchant Services and Financial Institution Services. The Company offers a range of payment processing services that enable its clients to meet their payment processing needs through a single provider.

Institutional Ownership by Quarter for Vantiv (NYSE:VNTV)

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