Vantiv, Inc. (NYSE:VNTV) Stake Boosted by DekaBank Deutsche Girozentrale

DekaBank Deutsche Girozentrale raised its stake in Vantiv, Inc. (NYSE:VNTV) by 3.5% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 99,080 shares of the business services provider’s stock after purchasing an additional 3,376 shares during the quarter. DekaBank Deutsche Girozentrale owned approximately 0.06% of Vantiv worth $7,216,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of VNTV. Great Lakes Advisors LLC lifted its holdings in Vantiv by 1.5% during 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 during the last quarter. Shaker Investments LLC OH lifted its holdings in Vantiv by 0.7% during the 2nd quarter. Shaker Investments LLC OH now owns 11,480 shares of the business services provider’s stock worth $727,000 after purchasing an additional 80 shares during the last quarter. Wedge Capital Management L L P NC lifted its holdings in Vantiv by 0.8% during the 2nd quarter. Wedge Capital Management L L P NC now owns 12,990 shares of the business services provider’s stock worth $823,000 after purchasing an additional 98 shares during the last quarter. Capstone Asset Management Co. raised 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 in the last quarter. Finally, Associated Banc Corp raised 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 in the last quarter.

Several equities analysts have weighed in on the company. Deutsche Bank lifted their price objective on Vantiv to $82.00 and gave the company a “buy” rating in a report on Monday. KeyCorp reissued an “overweight” rating and set a $85.00 price target (up previously from $80.00) on shares of Vantiv in a report on Monday. Wedbush raised Vantiv from a “neutral” rating to an “outperform” rating in a report on Friday. Berenberg Bank initiated coverage on Vantiv in a report on Thursday, November 16th. They set a “buy” rating and a $85.00 price target for the company. Finally, BidaskClub upgraded Vantiv from a “sell” rating to a “hold” rating in a research report on Wednesday, November 15th. Eleven investment analysts have rated the stock with a hold rating and nineteen have given a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $76.54.

Shares of Vantiv, Inc. (NYSE:VNTV) traded down $3.26 during trading on Monday, hitting $71.87. The stock had a trading volume of 4,159,722 shares, compared to its average volume of 1,981,573. The stock has a market capitalization of $13,354.96, a P/E ratio of 25.21, a PEG ratio of 1.67 and a beta of 0.58. Vantiv, Inc. has a 12-month low of $55.80 and a 12-month high of $76.22. 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 issued its quarterly earnings data on Thursday, October 26th. The business services provider reported $0.90 EPS for the quarter, topping the consensus estimate of $0.89 by $0.01. The firm had revenue of $1.03 billion during the quarter, compared to the consensus estimate of $551.77 million. Vantiv had a return on equity of 41.19% and a net margin of 6.07%. The company’s quarterly revenue was up 13.1% compared to the same quarter last year. During the same period in the prior year, the business posted $0.71 earnings per share. equities analysts expect that Vantiv, Inc. will post 3.16 EPS for the current fiscal year.

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Vantiv 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.

Institutional Ownership by Quarter for Vantiv (NYSE:VNTV)

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