BidaskClub upgraded shares of Vantiv, Inc. (NYSE:VNTV) from a strong sell rating to a sell rating in a research report report published on Thursday morning.

Other equities research analysts have also issued research reports about the company. Stifel Nicolaus raised Vantiv from a hold rating to a buy rating and lifted their target price for the company from $63.00 to $85.00 in a research report on Thursday, August 10th. Instinet reissued a buy rating and issued a $85.00 target price (up previously from $75.00) on shares of Vantiv in a research report on Monday, August 14th. Oppenheimer Holdings, Inc. lifted their target price on Vantiv from $70.00 to $77.00 and gave the company an outperform rating in a research report on Wednesday, August 16th. Craig Hallum set a $80.00 target price on Vantiv and gave the company a buy rating in a research report on Thursday, August 10th. Finally, William Blair reissued an outperform rating on shares of Vantiv in a research report on Monday, July 24th. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating and seventeen have given a buy rating to the stock. Vantiv currently has a consensus rating of Buy and an average target price of $75.60.

Vantiv (NYSE:VNTV) opened at 68.01 on Thursday. Vantiv has a 1-year low of $54.38 and a 1-year high of $73.14. The stock has a market cap of $10.97 billion, a PE ratio of 57.49 and a beta of 0.61. The firm’s 50-day moving average price is $70.82 and its 200 day moving average price is $66.24.

Vantiv (NYSE:VNTV) last released 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. The company had revenue of $1.03 billion for the quarter, compared to analyst estimates of $551.77 million. Vantiv had a return on equity of 34.66% and a net margin of 6.07%. Vantiv’s revenue was up 13.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.71 earnings per share. Equities research analysts expect that Vantiv will post $3.35 EPS for the current year.

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A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. raised its holdings in Vantiv by 3.8% in the 2nd quarter. Vanguard Group Inc. now owns 13,320,268 shares of the business services provider’s stock valued at $843,706,000 after acquiring an additional 492,711 shares in the last quarter. Diamond Hill Capital Management Inc. raised its holdings in Vantiv by 5.6% in the 2nd quarter. Diamond Hill Capital Management Inc. now owns 4,404,876 shares of the business services provider’s stock valued at $279,005,000 after acquiring an additional 235,112 shares in the last quarter. Investec Asset Management LTD raised its holdings in Vantiv by 3.6% in the 2nd quarter. Investec Asset Management LTD now owns 3,645,303 shares of the business services provider’s stock valued at $230,893,000 after acquiring an additional 128,308 shares in the last quarter. Artisan Partners Limited Partnership raised its holdings in Vantiv by 2.2% in the 2nd quarter. Artisan Partners Limited Partnership now owns 3,248,249 shares of the business services provider’s stock valued at $205,744,000 after acquiring an additional 69,377 shares in the last quarter. Finally, State Street Corp raised its holdings in Vantiv by 3.3% in the 2nd quarter. State Street Corp now owns 3,025,591 shares of the business services provider’s stock valued at $191,639,000 after acquiring an additional 97,659 shares in the last quarter. 80.03% of the stock is owned by hedge funds and other institutional investors.

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.

Analyst Recommendations for Vantiv (NYSE:VNTV)

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