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.
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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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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