BidaskClub upgraded shares of Vantiv, Inc. (NYSE:VNTV) from a sell rating to a hold rating in a report published on Wednesday.

Other analysts have also recently issued reports about the stock. Instinet reaffirmed a buy rating and issued a $85.00 price target (up from $75.00) on shares of Vantiv in a report on Monday, August 14th. Stifel Nicolaus upgraded shares of Vantiv from a hold rating to a buy rating and boosted their target price for the company from $63.00 to $85.00 in a research note on Thursday, August 10th. Oppenheimer Holdings, Inc. boosted their target price on shares of Vantiv from $70.00 to $77.00 and gave the company an outperform rating in a research note on Wednesday, August 16th. Robert W. Baird reiterated an outperform rating and set a $80.00 target price (up previously from $72.00) on shares of Vantiv in a research note on Thursday, August 10th. Finally, Craig Hallum set a $80.00 target price on shares of Vantiv and gave the company a buy rating in a research note on Thursday, August 10th. Twelve investment analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the company. Vantiv has an average rating of Buy and a consensus target price of $75.96.

Shares of Vantiv (NYSE:VNTV) opened at $69.99 on Wednesday. The stock has a market cap of $12,510.00, a price-to-earnings ratio of 23.43, a P/E/G ratio of 1.55 and a beta of 0.56. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 7.45. Vantiv has a twelve month low of $54.38 and a twelve month high of $73.14.

Vantiv (NYSE:VNTV) last posted its quarterly earnings results on Thursday, October 26th. The business services provider reported $0.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.01. The firm had revenue of $1.03 billion for the quarter, compared to analysts’ expectations of $551.77 million. Vantiv had a net margin of 6.07% and a return on equity of 41.19%. The firm’s quarterly revenue was up 13.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.71 earnings per share. equities analysts predict that Vantiv will post 3.15 EPS for the current fiscal year.

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A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Great Lakes Advisors LLC grew its position in Vantiv by 1.5% in the 2nd quarter. Great Lakes Advisors LLC now owns 3,218 shares of the business services provider’s stock valued at $204,000 after buying an additional 47 shares in the last quarter. Shaker Investments LLC OH lifted its holdings in Vantiv by 0.7% in the 2nd quarter. Shaker Investments LLC OH now owns 11,480 shares of the business services provider’s stock valued at $727,000 after acquiring an additional 80 shares during the last quarter. Wedge Capital Management L L P NC lifted its holdings in Vantiv by 0.8% in the 2nd quarter. Wedge Capital Management L L P NC now owns 12,990 shares of the business services provider’s stock valued at $823,000 after acquiring an additional 98 shares during the last quarter. Capstone Asset Management Co. lifted its holdings in Vantiv by 3.1% in the 2nd quarter. Capstone Asset Management Co. now owns 4,629 shares of the business services provider’s stock valued at $293,000 after acquiring an additional 140 shares during the last quarter. Finally, Associated Banc Corp lifted its holdings in Vantiv by 1.2% in the 2nd quarter. Associated Banc Corp now owns 17,908 shares of the business services provider’s stock valued at $1,134,000 after acquiring an additional 215 shares during the last quarter. Hedge funds and other institutional investors own 89.15% of the company’s stock.

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.

Analyst Recommendations for Vantiv (NYSE:VNTV)

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