Vantiv, Inc. (VNTV) Stake Lowered by Fmr LLC

Fmr LLC decreased its position in Vantiv, Inc. (NYSE:VNTV) by 26.1% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,668,698 shares of the business services provider’s stock after selling 590,795 shares during the quarter. Fmr LLC owned approximately 1.04% of Vantiv worth $105,695,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in shares of Vantiv by 3.8% in the second quarter. Vanguard Group Inc. now owns 13,320,268 shares of the business services provider’s stock valued at $843,706,000 after purchasing an additional 492,711 shares during the period. Stonerise Capital Management LLC bought a new position in Vantiv during the second quarter worth $9,818,000. Northern Trust Corp increased its position in Vantiv by 3.9% during the second quarter. Northern Trust Corp now owns 1,018,142 shares of the business services provider’s stock worth $64,490,000 after acquiring an additional 37,776 shares during the period. UBS Asset Management Americas Inc. increased its position in Vantiv by 28.6% during the second quarter. UBS Asset Management Americas Inc. now owns 550,293 shares of the business services provider’s stock worth $34,856,000 after acquiring an additional 122,317 shares during the period. Finally, New York State Common Retirement Fund increased its position in Vantiv by 7.1% during the second quarter. New York State Common Retirement Fund now owns 396,600 shares of the business services provider’s stock worth $25,121,000 after acquiring an additional 26,314 shares during the period. 80.16% of the stock is currently owned by institutional investors.

TRADEMARK VIOLATION NOTICE: This article was originally posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are reading this article on another domain, it was stolen and republished in violation of United States and international copyright and trademark law. The original version of this article can be read at https://ledgergazette.com/2017/10/10/vantiv-inc-vntv-stake-lowered-by-fmr-llc.html.

A number of equities analysts recently issued reports on VNTV shares. KeyCorp lowered shares of Vantiv to a “hold” rating in a research report on Monday, June 12th. BidaskClub downgraded shares of Vantiv from a “buy” rating to a “hold” rating in a research note on Thursday, September 7th. Zacks Investment Research downgraded shares of Vantiv from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Deutsche Bank AG reiterated a “buy” rating and set a $72.00 price target (up previously from $67.00) on shares of Vantiv in a research note on Thursday, August 10th. Finally, Stifel Nicolaus decreased their price target on shares of Vantiv from $66.00 to $64.00 and set a “hold” rating on the stock in a research note on Thursday, July 6th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and eighteen have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $75.40.

Vantiv, Inc. (NYSE:VNTV) opened at 71.16 on Tuesday. The firm’s 50-day moving average price is $71.44 and its 200-day moving average price is $65.63. Vantiv, Inc. has a 52-week low of $54.38 and a 52-week high of $73.14. The firm has a market cap of $11.48 billion, a P/E ratio of 60.15 and a beta of 0.61.

Vantiv (NYSE:VNTV) last released its quarterly earnings data on Wednesday, August 9th. The business services provider reported $0.83 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of

Several other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in shares of Vantiv by 3.8% in the second quarter. Vanguard Group Inc. now owns 13,320,268 shares of the business services provider’s stock valued at $843,706,000 after purchasing an additional 492,711 shares during the period. Stonerise Capital Management LLC bought a new position in Vantiv during the second quarter worth $9,818,000. Northern Trust Corp increased its position in Vantiv by 3.9% during the second quarter. Northern Trust Corp now owns 1,018,142 shares of the business services provider’s stock worth $64,490,000 after acquiring an additional 37,776 shares during the period. UBS Asset Management Americas Inc. increased its position in Vantiv by 28.6% during the second quarter. UBS Asset Management Americas Inc. now owns 550,293 shares of the business services provider’s stock worth $34,856,000 after acquiring an additional 122,317 shares during the period. Finally, New York State Common Retirement Fund increased its position in Vantiv by 7.1% during the second quarter. New York State Common Retirement Fund now owns 396,600 shares of the business services provider’s stock worth $25,121,000 after acquiring an additional 26,314 shares during the period. 80.16% of the stock is currently owned by institutional investors.

TRADEMARK VIOLATION NOTICE: This article was originally posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are reading this article on another domain, it was stolen and republished in violation of United States and international copyright and trademark law. The original version of this article can be read at https://ledgergazette.com/2017/10/10/vantiv-inc-vntv-stake-lowered-by-fmr-llc.html.

A number of equities analysts recently issued reports on VNTV shares. KeyCorp lowered shares of Vantiv to a “hold” rating in a research report on Monday, June 12th. BidaskClub downgraded shares of Vantiv from a “buy” rating to a “hold” rating in a research note on Thursday, September 7th. Zacks Investment Research downgraded shares of Vantiv from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Deutsche Bank AG reiterated a “buy” rating and set a $72.00 price target (up previously from $67.00) on shares of Vantiv in a research note on Thursday, August 10th. Finally, Stifel Nicolaus decreased their price target on shares of Vantiv from $66.00 to $64.00 and set a “hold” rating on the stock in a research note on Thursday, July 6th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and eighteen have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $75.40.

Vantiv, Inc. (NYSE:VNTV) opened at 71.16 on Tuesday. The firm’s 50-day moving average price is $71.44 and its 200-day moving average price is $65.63. Vantiv, Inc. has a 52-week low of $54.38 and a 52-week high of $73.14. The firm has a market cap of $11.48 billion, a P/E ratio of 60.15 and a beta of 0.61.

Vantiv (NYSE:VNTV) last released its quarterly earnings data on Wednesday, August 9th. The business services provider reported $0.83 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.82 by $0.01. The firm 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 quarterly revenue was up 10.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.70 earnings per share. Equities research analysts expect that Vantiv, Inc. will post $3.35 EPS for the current year.

Vantiv Company 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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