According to Zacks, “Vantiv, Inc. is an integrated payment processor engaged in providing advanced technology solutions for businesses and financial institutions. The Company operates in two segments: Merchant Services and Financial Institution Services. Vantiv offers acquiring and processing transactions, value-added services, merchant services and reporting for electronic payment transactions. It also provides card issuer processing, payment network processing, fraud protection, card production, prepaid program management, automated teller machine driving, network gateway and switching services. Vantiv, Inc. is headquartered in Cincinnati, Ohio. “
A number of other analysts have also commented on VNTV. Craig Hallum assumed coverage on shares of Vantiv in a research note on Friday, January 6th. They set a buy rating for the company. BMO Capital Markets initiated coverage on shares of Vantiv in a research report on Thursday, January 5th. They issued a market perform rating and a $69.00 price target for the company. Barclays PLC increased their price target on shares of Vantiv from $67.00 to $69.00 and gave the stock an equal weight rating in a research report on Thursday, February 2nd. Stifel Nicolaus increased their price target on shares of Vantiv from $55.00 to $63.00 and gave the stock a hold rating in a research report on Monday, January 30th. Finally, Cantor Fitzgerald initiated coverage on shares of Vantiv in a research report on Thursday, January 26th. They issued an overweight rating and a $74.00 price target for the company. Fourteen research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. The stock has a consensus rating of Hold and a consensus target price of $61.42.
Vantiv (NYSE:VNTV) opened at 63.59 on Wednesday. The stock’s 50 day moving average is $64.27 and its 200-day moving average is $59.42. The firm has a market capitalization of $10.20 billion, a PE ratio of 48.17 and a beta of 0.54. Vantiv has a 52-week low of $50.52 and a 52-week high of $66.24.
Vantiv (NYSE:VNTV) last posted its quarterly earnings data on Wednesday, February 1st. The company reported $0.75 EPS for the quarter, beating analysts’ consensus estimates of $0.72 by $0.03. Vantiv had a net margin of 5.96% and a return on equity of 34.93%. The company earned $955 million during the quarter, compared to analyst estimates of $852 million. During the same period in the prior year, the firm earned $0.65 earnings per share. The business’s quarterly revenue was up 10.8% on a year-over-year basis. Equities analysts expect that Vantiv will post $3.20 earnings per share for the current year.
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In other Vantiv news, SVP Christopher A. Thompson sold 2,903 shares of the stock in a transaction that occurred on Wednesday, February 22nd. The stock was sold at an average price of $65.30, for a total transaction of $189,565.90. Following the transaction, the senior vice president now owns 9,180 shares in the company, valued at $599,454. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Christopher A. Thompson sold 2,446 shares of the stock in a transaction that occurred on Tuesday, February 28th. The shares were sold at an average price of $65.60, for a total value of $160,457.60. Following the transaction, the senior vice president now owns 7,321 shares in the company, valued at approximately $480,257.60. The disclosure for this sale can be found here. Insiders sold 165,515 shares of company stock worth $10,737,082 in the last 90 days. 1.32% of the stock is currently owned by corporate insiders.
A number of institutional investors have recently made changes to their positions in VNTV. Sterling Capital Management LLC increased its position in shares of Vantiv by 57.8% in the second quarter. Sterling Capital Management LLC now owns 57,972 shares of the company’s stock valued at $3,281,000 after buying an additional 21,226 shares during the period. Public Employees Retirement System of Ohio increased its position in shares of Vantiv by 3.6% in the second quarter. Public Employees Retirement System of Ohio now owns 114,882 shares of the company’s stock valued at $6,502,000 after buying an additional 4,028 shares during the period. KAMES CAPITAL plc increased its position in shares of Vantiv by 64.9% in the second quarter. KAMES CAPITAL plc now owns 39,695 shares of the company’s stock valued at $2,247,000 after buying an additional 15,622 shares during the period. Macquarie Group Ltd. increased its position in shares of Vantiv by 1,574.8% in the second quarter. Macquarie Group Ltd. now owns 77,040 shares of the company’s stock valued at $4,360,000 after buying an additional 72,440 shares during the period. Finally, BNP Paribas Arbitrage SA increased its position in shares of Vantiv by 4.1% in the third quarter. BNP Paribas Arbitrage SA now owns 339,867 shares of the company’s stock valued at $19,124,000 after buying an additional 13,357 shares during the period. Institutional investors own 81.05% of the company’s stock.
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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