Investors Buy Vantiv (VNTV) on Weakness

Investors purchased shares of Vantiv, Inc. (NYSE:VNTV) on weakness during trading hours on Wednesday. $58.90 million flowed into the stock on the tick-up and $36.09 million flowed out of the stock on the tick-down, for a money net flow of $22.81 million into the stock. Of all equities tracked, Vantiv had the 21st highest net in-flow for the day. Vantiv traded down ($1.20) for the day and closed at $73.59

A number of research firms recently weighed in on VNTV. Jefferies Group upgraded shares of Vantiv from a “hold” rating to a “buy” rating and set a $69.00 target price on the stock in a research note on Thursday. Wells Fargo & Company restated a “positive” rating and set a $84.00 target price (up previously from $77.00) on shares of Vantiv in a research note on Thursday. Nomura restated a “buy” rating and set a $85.00 target price on shares of Vantiv in a research note on Friday, September 29th. Keefe, Bruyette & Woods restated a “buy” rating and set a $82.00 target price on shares of Vantiv in a research note on Thursday, September 28th. Finally, Cowen restated a “buy” rating and set a $84.00 target price on shares of Vantiv in a research note on Thursday, December 7th. Nine investment analysts have rated the stock with a hold rating and twenty-two have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $78.00.

The company has a debt-to-equity ratio of 7.45, a current ratio of 0.72 and a quick ratio of 0.72. The company has a market capitalization of $13,081.21, a price-to-earnings ratio of 24.69, a price-to-earnings-growth ratio of 1.63 and a beta of 0.58.

Vantiv (NYSE:VNTV) last posted its earnings results on Thursday, October 26th. The business services provider reported $0.90 earnings per share for the quarter, topping analysts’ consensus estimates of $0.89 by $0.01. Vantiv had a net margin of 6.07% and a return on equity of 41.19%. The firm had revenue of $1.03 billion for the quarter, compared to the consensus estimate of $551.77 million. During the same period in the previous year, the firm posted $0.71 EPS. The business’s quarterly revenue was up 13.1% on a year-over-year basis. analysts forecast that Vantiv, Inc. will post 3.16 earnings per share for the current fiscal year.

Institutional investors have recently bought and sold shares of the company. Toronto Dominion Bank increased its holdings 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 worth $125,000 after buying an additional 217 shares during the last quarter. Tower Research Capital LLC TRC increased its holdings in shares of Vantiv by 404.7% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,170 shares of the business services provider’s stock worth $137,000 after buying an additional 1,740 shares during the last quarter. Zions Bancorporation bought a new stake in shares of Vantiv in the 3rd quarter worth about $155,000. Highbridge Capital Management LLC increased its holdings in shares of Vantiv by 2,754.0% in the 3rd quarter. Highbridge Capital Management LLC now owns 2,854 shares of the business services provider’s stock worth $201,000 after buying an additional 2,754 shares during the last quarter. Finally, Great Lakes Advisors LLC increased its holdings in shares of Vantiv by 1.5% in the 2nd quarter. Great Lakes Advisors LLC now owns 3,218 shares of the business services provider’s stock worth $204,000 after buying an additional 47 shares during the last quarter.

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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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