Asset Management One Co. Ltd. raised its position in shares of Vantiv, Inc. (NYSE:VNTV) by 1.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 275,989 shares of the business services provider’s stock after purchasing an additional 2,598 shares during the quarter. Asset Management One Co. Ltd. owned 0.16% of Vantiv worth $19,455,000 at the end of the most recent quarter.
A number of other large investors have also recently made changes to their positions in VNTV. Toronto Dominion Bank raised its stake in Vantiv by 12.3% during the 2nd quarter. Toronto Dominion Bank now owns 1,981 shares of the business services provider’s stock valued at $125,000 after purchasing an additional 217 shares during the period. Tower Research Capital LLC TRC raised its stake in Vantiv by 404.7% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,170 shares of the business services provider’s stock valued at $137,000 after purchasing an additional 1,740 shares during the period. Great Lakes Advisors LLC raised its stake in Vantiv by 1.5% during the 2nd 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 during the period. Profund Advisors LLC acquired a new stake in Vantiv during the 2nd quarter valued at $204,000. Finally, Beacon Investment Advisory Services Inc. acquired a new stake in Vantiv during the 2nd quarter valued at $204,000.
VNTV has been the topic of several research analyst reports. Zacks Investment Research upgraded shares of Vantiv from a “hold” rating to a “buy” rating and set a $78.00 price target on the stock in a report on Tuesday, August 15th. Oppenheimer boosted their price target on shares of Vantiv from $70.00 to $77.00 and gave the company an “outperform” rating in a report on Wednesday, August 16th. BidaskClub upgraded shares of Vantiv from a “buy” rating to a “strong-buy” rating in a report on Friday, August 18th. Piper Jaffray Companies restated a “hold” rating and set a $77.00 price target on shares of Vantiv in a report on Thursday, August 24th. Finally, KeyCorp restated a “buy” rating and set a $80.00 price target on shares of Vantiv in a report on Friday, September 1st. Ten investment analysts have rated the stock with a hold rating and twenty have given a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $77.77.
Shares of Vantiv, Inc. (VNTV) traded up $0.17 during trading hours on Wednesday, reaching $74.79. 1,535,500 shares of the company were exchanged, compared to its average volume of 1,991,877. The company has a market capitalization of $13,264.30, a PE ratio of 25.04, a PEG ratio of 1.66 and a beta of 0.58. Vantiv, Inc. has a 12-month low of $56.93 and a 12-month high of $76.22. The company has a debt-to-equity ratio of 7.45, a current ratio of 0.72 and a quick ratio of 0.72.
Vantiv (NYSE:VNTV) last issued its quarterly earnings data on Thursday, October 26th. The business services provider reported $0.90 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.89 by $0.01. The firm had revenue of $1.03 billion during the quarter, compared to analysts’ expectations of $551.77 million. Vantiv had a net margin of 6.07% and a return on equity of 41.19%. Vantiv’s revenue for the quarter was up 13.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.71 earnings per share. equities analysts anticipate that Vantiv, Inc. will post 3.16 earnings per share for the current year.
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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.
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