Stephens Initiates Coverage on Vantiv (VNTV)

Stock analysts at Stephens initiated coverage on shares of Vantiv (NYSE:VNTV) in a note issued to investors on Thursday, MarketBeat.com reports. The brokerage set an “overweight” rating and a $89.00 price target on the business services provider’s stock. Stephens’ price objective points to a potential upside of 14.69% from the stock’s previous close.

Several other brokerages have also issued reports on VNTV. Cantor Fitzgerald reiterated a “buy” rating and issued a $74.00 target price on shares of Vantiv in a research report on Thursday, October 26th. Mizuho reiterated a “hold” rating and issued a $80.00 target price on shares of Vantiv in a research report on Thursday, January 4th. Deutsche Bank upped their target price on shares of Vantiv to $82.00 and gave the stock a “buy” rating in a research report on Monday, December 4th. Stifel Nicolaus reiterated a “buy” rating and issued a $85.00 target price on shares of Vantiv in a research report on Tuesday, October 24th. Finally, BidaskClub lowered shares of Vantiv from a “sell” rating to a “strong sell” rating in a research report on Friday, October 20th. Eight investment analysts have rated the stock with a hold rating, twenty-two have given a buy rating and one has given a strong buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $80.04.

Vantiv (NYSE:VNTV) traded up $1.94 during trading on Thursday, hitting $77.60. 12,160,000 shares of the stock traded hands, compared to its average volume of 3,010,000. The company has a market capitalization of $13,800.00, a PE ratio of 53.89, a P/E/G ratio of 1.51 and a beta of 0.58. Vantiv has a 52-week low of $59.10 and a 52-week high of $78.25. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 7.45.

Vantiv (NYSE:VNTV) last released its quarterly earnings results on Thursday, October 26th. The business services provider reported $0.90 earnings per share for the quarter, topping 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 business’s quarterly revenue was up 13.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.71 earnings per share. equities research analysts forecast that Vantiv will post 3.16 EPS for the current year.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. KAMES CAPITAL plc boosted its position in Vantiv by 122.7% during the fourth quarter. KAMES CAPITAL plc now owns 1,097,686 shares of the business services provider’s stock valued at $80,713,000 after buying an additional 604,860 shares during the period. DnB Asset Management AS boosted its position in Vantiv by 1.5% during the fourth quarter. DnB Asset Management AS now owns 154,123 shares of the business services provider’s stock valued at $11,336,000 after buying an additional 2,300 shares during the period. Public Employees Retirement System of Ohio boosted its position in Vantiv by 9.0% during the third quarter. Public Employees Retirement System of Ohio now owns 119,825 shares of the business services provider’s stock valued at $8,444,000 after buying an additional 9,885 shares during the period. GSA Capital Partners LLP boosted its position in Vantiv by 24.2% during the third quarter. GSA Capital Partners LLP now owns 5,932 shares of the business services provider’s stock valued at $418,000 after buying an additional 1,157 shares during the period. Finally, IFM Investors Pty Ltd purchased a new stake in Vantiv during the third quarter valued at about $383,000.

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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.

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