Ativo Capital Management LLC Has $1.43 Million Stake in Vantiv, Inc. (VNTV)

Ativo Capital Management LLC lowered its position in shares of Vantiv, Inc. (NYSE:VNTV) by 41.5% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 22,629 shares of the business services provider’s stock after selling 16,057 shares during the period. Ativo Capital Management LLC’s holdings in Vantiv were worth $1,433,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Great Lakes Advisors LLC raised its stake in shares of 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 during the period. Shaker Investments LLC OH raised its stake in shares of 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 during the period. Wedge Capital Management L L P NC raised its stake in shares of 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 during the period. Utah Retirement Systems raised its stake in shares of Vantiv by 0.4% during the first quarter. Utah Retirement Systems now owns 28,300 shares of the business services provider’s stock valued at $1,815,000 after purchasing an additional 100 shares during the period. Finally, Capstone Asset Management Co. raised its stake in shares of 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 during the period. Institutional investors own 80.35% of the company’s stock.

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Shares of Vantiv, Inc. (NYSE:VNTV) traded down 0.14% during trading on Wednesday, hitting $71.88. The stock had a trading volume of 429,119 shares. The firm has a 50 day moving average of $70.18 and a 200 day moving average of $64.92. The company has a market capitalization of $11.59 billion, a price-to-earnings ratio of 60.76 and a beta of 0.59. Vantiv, Inc. has a 1-year low of $54.22 and a 1-year high of $73.14.

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 the Zacks’ consensus estimate of $0.82 by $0.01. Vantiv had a return on equity of 33.54% and a net margin of 5.58%. The firm had revenue of $530.00 million for the quarter, compared to analysts’ expectations of $525.12 million. During the same quarter last year, the business earned $0.70 earnings per share. The company’s revenue was up 10.3% compared to the same quarter last year. Analysts expect that Vantiv, Inc. will post $3.35 EPS for the current fiscal year.

A number of brokerages recently issued reports on VNTV. Keefe, Bruyette & Woods set a $82.00 price target on shares of Vantiv and gave the stock a “buy” rating in a research note on Sunday, August 13th. Piper Jaffray Companies restated a “hold” rating and issued a $64.00 price target on shares of Vantiv in a research note on Thursday, August 10th. Robert W. Baird restated an “outperform” rating and issued a $80.00 price target (up previously from $72.00) on shares of Vantiv in a research note on Thursday, August 10th. Citigroup Inc. lifted their price target on shares of Vantiv from $72.00 to $74.00 and gave the stock a “buy” rating in a research note on Friday, August 11th. Finally, BidaskClub upgraded shares of Vantiv from a “hold” rating to a “buy” rating in a research note on Thursday, August 10th. Nine equities research analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the company. Vantiv currently has a consensus rating of “Buy” and a consensus target price of $75.09.

About Vantiv

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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Institutional Ownership by Quarter for Vantiv (NYSE:VNTV)

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