Traders Buy Vantiv (VNTV) on Weakness

Traders bought shares of Vantiv Inc (NYSE:VNTV) on weakness during trading on Wednesday. $73.59 million flowed into the stock on the tick-up and $49.81 million flowed out of the stock on the tick-down, for a money net flow of $23.78 million into the stock. Of all equities tracked, Vantiv had the 27th highest net in-flow for the day. Vantiv traded down ($0.51) for the day and closed at $73.94

VNTV has been the subject of several analyst reports. Nomura reiterated a “buy” rating and set a $85.00 price objective on shares of Vantiv in a report on Friday, September 29th. Keefe, Bruyette & Woods reiterated a “buy” rating and set a $82.00 price objective on shares of Vantiv in a report on Thursday, September 28th. Citigroup restated a “buy” rating and issued a $83.00 target price on shares of Vantiv in a research note on Monday, September 25th. KeyCorp restated a “buy” rating and issued a $80.00 target price on shares of Vantiv in a research note on Friday, September 1st. Finally, BidaskClub lowered Vantiv from a “strong-buy” rating to a “buy” rating in a research note on Friday, September 1st. Nine analysts have rated the stock with a hold rating and twenty-two have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $78.52.

The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 7.45. The company has a market capitalization of $13,240.00, a PE ratio of 51.35, a P/E/G ratio of 1.65 and a beta of 0.58.

Vantiv (NYSE:VNTV) last posted its earnings results on Thursday, October 26th. The business services provider reported $0.90 EPS for the quarter, beating the Zacks’ consensus estimate of $0.89 by $0.01. Vantiv had a return on equity of 41.19% and a net margin of 6.07%. The firm had revenue of $1.03 billion for the quarter, compared to analysts’ expectations of $551.77 million. During the same period last year, the firm earned $0.71 EPS. The company’s quarterly revenue was up 13.1% on a year-over-year basis. equities research analysts forecast that Vantiv Inc will post 3.16 earnings per share for the current fiscal year.

Hedge funds have recently bought and sold shares of the stock. Toronto Dominion Bank boosted its holdings in Vantiv by 12.3% in the 2nd quarter. Toronto Dominion Bank now owns 1,981 shares of the business services provider’s stock worth $125,000 after buying an additional 217 shares during the last quarter. Tower Research Capital LLC TRC lifted its stake in Vantiv by 404.7% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,170 shares of the business services provider’s stock worth $137,000 after purchasing an additional 1,740 shares in the last quarter. Zions Bancorporation purchased a new position in Vantiv in the 3rd quarter worth approximately $155,000. Highbridge Capital Management LLC lifted its stake in Vantiv by 2,754.0% in the 3rd quarter. Highbridge Capital Management LLC now owns 2,854 shares of the business services provider’s stock worth $201,000 after purchasing an additional 2,754 shares in the last quarter. Finally, Great Lakes Advisors LLC lifted its stake 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 worth $204,000 after purchasing an additional 47 shares in the last quarter.

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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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