BidaskClub upgraded shares of Vantiv, Inc. (NYSE:VNTV) from a sell rating to a hold rating in a report released on Wednesday.
A number of other brokerages have also commented on VNTV. Zacks Investment Research upgraded Vantiv from a sell rating to a buy rating and set a $72.00 price target on the stock in a report on Saturday, July 22nd. William Blair restated an outperform rating on shares of Vantiv in a report on Monday, July 24th. Royal Bank Of Canada restated a buy rating and issued a $73.00 price target on shares of Vantiv in a report on Wednesday, August 9th. Stifel Nicolaus upgraded Vantiv from a hold rating to a buy rating and boosted their price target for the company from $63.00 to $85.00 in a report on Thursday, August 10th. Finally, Piper Jaffray Companies restated a hold rating and issued a $64.00 price target on shares of Vantiv in a report on Thursday, August 10th. Twelve analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the company’s stock. The company currently has an average rating of Buy and an average target price of $75.96.
Shares of Vantiv (VNTV) traded down $0.85 during trading on Wednesday, hitting $68.97. The company had a trading volume of 1,686,100 shares, compared to its average volume of 1,910,664. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 7.45. Vantiv has a twelve month low of $54.38 and a twelve month high of $73.14. The firm has a market capitalization of $12,510.00, a PE ratio of 23.43, a PEG ratio of 1.55 and a beta of 0.56.
Vantiv (NYSE:VNTV) last announced its quarterly earnings data on Thursday, October 26th. The business services provider reported $0.90 EPS for the quarter, topping analysts’ consensus estimates of $0.89 by $0.01. Vantiv had a return on equity of 41.19% and a net margin of 6.07%. The business had revenue of $1.03 billion during the quarter, compared to analysts’ expectations of $551.77 million. During the same period in the previous year, the firm earned $0.71 earnings per share. The firm’s quarterly revenue was up 13.1% compared to the same quarter last year. research analysts predict that Vantiv will post 3.15 earnings per share for the current fiscal year.
ILLEGAL ACTIVITY NOTICE: “Vantiv, Inc. (VNTV) Upgraded by BidaskClub to “Hold”” was reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are accessing this news story on another website, it was illegally stolen and republished in violation of US & international trademark & copyright laws. The legal version of this news story can be accessed at https://ledgergazette.com/2017/11/16/vantiv-inc-vntv-upgraded-by-bidaskclub-to-hold.html.
A number of large investors have recently made changes to their positions in the stock. IFM Investors Pty Ltd bought a new position in Vantiv during the 3rd quarter worth $383,000. Sterling Capital Management LLC grew its holdings in Vantiv by 3.1% during the 3rd quarter. Sterling Capital Management LLC now owns 58,295 shares of the business services provider’s stock worth $4,108,000 after acquiring an additional 1,738 shares during the period. Neuberger Berman Group LLC grew its holdings in Vantiv by 534.0% during the 3rd quarter. Neuberger Berman Group LLC now owns 53,548 shares of the business services provider’s stock worth $3,774,000 after acquiring an additional 45,102 shares during the period. California Public Employees Retirement System grew its holdings in Vantiv by 7.6% during the 3rd quarter. California Public Employees Retirement System now owns 337,094 shares of the business services provider’s stock worth $23,755,000 after acquiring an additional 23,694 shares during the period. Finally, Bamco Inc. NY grew its holdings in Vantiv by 4.3% during the 3rd quarter. Bamco Inc. NY now owns 821,784 shares of the business services provider’s stock worth $57,911,000 after acquiring an additional 33,845 shares during the period. 89.15% of the stock is owned by institutional investors and hedge funds.
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.
Receive News & Ratings for Vantiv Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vantiv Inc. and related companies with MarketBeat.com's FREE daily email newsletter.