Thrivent Financial For Lutherans increased its stake in shares of Vantiv, Inc. (NYSE:VNTV) by 3.0% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 107,960 shares of the business services provider’s stock after buying an additional 3,190 shares during the period. Thrivent Financial For Lutherans’ holdings in Vantiv were worth $6,922,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently made changes to their positions in VNTV. Security Asset Management boosted its position in Vantiv by 0.5% in the fourth quarter. Security Asset Management now owns 23,974 shares of the business services provider’s stock worth $1,429,000 after buying an additional 121 shares during the period. State Street Corp boosted its position in Vantiv by 2.0% in the fourth quarter. State Street Corp now owns 2,903,503 shares of the business services provider’s stock worth $173,115,000 after buying an additional 55,576 shares during the period. Bank of Montreal Can boosted its position in Vantiv by 207.2% in the first quarter. Bank of Montreal Can now owns 64,023 shares of the business services provider’s stock worth $4,105,000 after buying an additional 43,185 shares during the period. Bayesian Capital Management LP acquired a new position in Vantiv during the fourth quarter worth approximately $685,000. Finally, State Board of Administration of Florida Retirement System boosted its position in Vantiv by 2.4% in the fourth quarter. State Board of Administration of Florida Retirement System now owns 198,333 shares of the business services provider’s stock worth $11,825,000 after buying an additional 4,636 shares during the period. 83.88% of the stock is owned by hedge funds and other institutional investors.

Institutional Ownership by Quarter for Vantiv (NYSE:VNTV)

Vantiv, Inc. (NYSE:VNTV) traded down 0.13% during midday trading on Monday, hitting $60.52. The company’s stock had a trading volume of 1,607,181 shares. The company has a market cap of $9.74 billion, a PE ratio of 49.16 and a beta of 0.62. The stock has a 50 day moving average of $62.50 and a 200 day moving average of $62.42. Vantiv, Inc. has a 52-week low of $50.98 and a 52-week high of $66.24.

Vantiv (NYSE:VNTV) last released its quarterly earnings data on Wednesday, April 26th. The business services provider reported $0.68 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.61 by $0.07. The firm had revenue of $470.10 million for the quarter, compared to the consensus estimate of $470.09 million. Vantiv had a return on equity of 34.17% and a net margin of 5.49%. The company’s quarterly revenue was up 9.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.56 earnings per share. On average, equities analysts expect that Vantiv, Inc. will post $3.27 EPS for the current year.

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A number of equities analysts have recently commented on the company. BidaskClub raised Vantiv from a “sell” rating to a “hold” rating in a report on Tuesday, June 13th. KeyCorp cut Vantiv to a “hold” rating in a report on Monday, June 12th. Zacks Investment Research cut Vantiv from a “buy” rating to a “hold” rating in a report on Saturday, June 10th. Wedbush reissued a “neutral” rating and set a $65.00 price target (up previously from $60.00) on shares of Vantiv in a report on Tuesday, June 6th. Finally, Stifel Nicolaus reissued a “hold” rating and set a $66.00 price target on shares of Vantiv in a report on Thursday, June 1st. Thirteen equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. Vantiv has a consensus rating of “Hold” and a consensus target price of $65.88.

In related news, insider Matt Taylor sold 11,622 shares of the firm’s stock in a transaction dated Friday, June 9th. The stock was sold at an average price of $63.14, for a total value of $733,813.08. Following the sale, the insider now directly owns 64,269 shares of the company’s stock, valued at $4,057,944.66. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Mark L. Heimbouch sold 15,000 shares of the firm’s stock in a transaction dated Monday, April 3rd. The stock was sold at an average price of $63.68, for a total value of $955,200.00. Following the completion of the sale, the chief operating officer now directly owns 151,273 shares in the company, valued at $9,633,064.64. The disclosure for this sale can be found here. 1.27% of the stock is currently owned by insiders.

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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