Vantiv, Inc. (VNTV) Upgraded at BidaskClub
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.
ILLEGAL ACTIVITY WARNING: This news story was reported by Daily Political and is the sole property of of Daily Political. If you are accessing this news story on another publication, it was copied illegally and reposted in violation of international trademark and copyright laws. The legal version of this news story can be read at https://www.dailypolitical.com/2017/11/18/vantiv-inc-vntv-upgraded-at-bidaskclub.html.
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.
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.
Receive News & Ratings for Vantiv Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vantiv Inc. and related companies with MarketBeat.com's FREE daily email newsletter.