Court Place Advisors LLC raised its holdings in shares of Vantiv, Inc. (NYSE:VNTV) by 35.7% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,560 shares of the business services provider’s stock after purchasing an additional 1,200 shares during the period. Court Place Advisors LLC’s holdings in Vantiv were worth $321,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors have also added to or reduced their stakes in VNTV. Dimensional Fund Advisors LP lifted its position in Vantiv by 1.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 628,825 shares of the business services provider’s stock valued at $40,320,000 after purchasing an additional 6,235 shares during the period. HighTower Advisors LLC bought a new stake in shares of Vantiv in the 1st quarter valued at about $230,000. Capstone Asset Management Co. increased its stake in shares of Vantiv by 3.1% in the 2nd quarter. Capstone Asset Management Co. now owns 4,629 shares of the business services provider’s stock valued at $293,000 after acquiring an additional 140 shares during the last quarter. NN Investment Partners Holdings N.V. increased its stake in shares of Vantiv by 0.9% in the 2nd quarter. NN Investment Partners Holdings N.V. now owns 66,622 shares of the business services provider’s stock valued at $4,219,000 after acquiring an additional 599 shares during the last quarter. Finally, State of Alaska Department of Revenue increased its stake in shares of Vantiv by 7.2% in the 2nd quarter. State of Alaska Department of Revenue now owns 11,250 shares of the business services provider’s stock valued at $712,000 after acquiring an additional 760 shares during the last quarter. Institutional investors own 89.15% of the company’s stock.
A number of analysts have recently commented on VNTV shares. Guggenheim raised Vantiv from a “neutral” rating to a “buy” rating and upped their price target for the company from $66.00 to $73.00 in a research note on Monday, July 17th. BidaskClub raised Vantiv from a “hold” rating to a “buy” rating in a research note on Wednesday, July 19th. Zacks Investment Research raised Vantiv from a “sell” rating to a “buy” rating and set a $72.00 price target for the company in a research note on Saturday, July 22nd. William Blair reissued an “outperform” rating on shares of Vantiv in a research note on Monday, July 24th. Finally, Royal Bank Of Canada reissued a “buy” rating and set a $73.00 target price on shares of Vantiv in a research note on Wednesday, August 9th. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and seventeen have issued a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $75.60.
Shares of Vantiv, Inc. (NYSE VNTV) traded up $0.54 during midday trading on Monday, hitting $69.31. The company had a trading volume of 1,696,900 shares, compared to its average volume of 1,910,484. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 7.45. Vantiv, Inc. has a 52 week low of $54.38 and a 52 week high of $73.14. The company has a market capitalization of $12,320.41, a PE ratio of 23.26, a P/E/G ratio of 1.54 and a beta of 0.56.
Vantiv (NYSE:VNTV) last issued its quarterly earnings results on Thursday, October 26th. The business services provider reported $0.90 EPS for the quarter, topping the Zacks’ consensus estimate of $0.89 by $0.01. Vantiv had a return on equity of 41.19% and a net margin of 6.07%. The company had revenue of $1.03 billion for the quarter, compared to analysts’ expectations of $551.77 million. During the same quarter last year, the business earned $0.71 earnings per share. Vantiv’s revenue was up 13.1% on a year-over-year basis. research analysts anticipate that Vantiv, Inc. will post 3.15 earnings per share 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.
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