Traders sold shares of Vantiv Inc (NYSE:VNTV) on strength during trading hours on Friday. $45.01 million flowed into the stock on the tick-up and $90.13 million flowed out of the stock on the tick-down, for a money net flow of $45.12 million out of the stock. Of all equities tracked, Vantiv had the 14th highest net out-flow for the day. Vantiv traded up $0.29 for the day and closed at $77.49
Several brokerages have commented on VNTV. Mizuho reaffirmed a “hold” rating and issued a $80.00 price target on shares of Vantiv in a research report on Thursday. SunTrust Banks lifted their price target on Vantiv from $69.00 to $77.00 and gave the stock a “hold” rating in a research report on Thursday. Royal Bank of Canada upgraded Vantiv from an “outperform” rating to a “top pick” rating in a research report on Thursday. Keefe, Bruyette & Woods restated a “buy” rating and set a $88.00 price objective on shares of Vantiv in a research report on Friday, December 22nd. Finally, Stifel Nicolaus restated a “buy” rating and set a $93.00 price objective on shares of Vantiv in a research report on Friday, December 15th. Nine research analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and one has issued a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $79.30.
The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 7.45. The stock has a market cap of $13,540.00, a PE ratio of 53.81, a P/E/G ratio of 1.47 and a beta of 0.58.
Vantiv (NYSE:VNTV) last issued its quarterly earnings results on Thursday, October 26th. The business services provider reported $0.90 EPS for the quarter, beating the 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 firm had revenue of $1.03 billion during the quarter, compared to analysts’ expectations of $551.77 million. During the same period in the prior year, the firm posted $0.71 earnings per share. The business’s quarterly revenue was up 13.1% compared to the same quarter last year. equities analysts predict that Vantiv Inc will post 3.16 EPS for the current fiscal year.
A number of large investors have recently added to or reduced their stakes in VNTV. Associated Banc Corp increased its stake in Vantiv by 1.2% during the 2nd quarter. Associated Banc Corp now owns 17,908 shares of the business services provider’s stock worth $1,134,000 after acquiring an additional 215 shares during the period. Toronto Dominion Bank increased its stake in shares of Vantiv by 12.3% in 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 last quarter. Colony Group LLC increased its stake in shares of Vantiv by 0.6% in the 2nd quarter. Colony Group LLC now owns 41,164 shares of the business services provider’s stock valued at $2,607,000 after purchasing an additional 239 shares during the last quarter. Pacer Advisors Inc. increased its stake in shares of Vantiv by 8.2% in the 2nd quarter. Pacer Advisors Inc. now owns 3,457 shares of the business services provider’s stock valued at $219,000 after purchasing an additional 261 shares during the last quarter. Finally, Fjarde AP Fonden Fourth Swedish National Pension Fund increased its stake in shares of Vantiv by 1.5% in the 3rd quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 49,051 shares of the business services provider’s stock valued at $3,457,000 after purchasing an additional 741 shares during the last quarter.
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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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