AMP Capital Investors Ltd Grows Holdings in Vantiv, Inc. (VNTV)

AMP Capital Investors Ltd raised its stake in Vantiv, Inc. (NYSE:VNTV) by 85.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 110,506 shares of the business services provider’s stock after purchasing an additional 51,052 shares during the quarter. AMP Capital Investors Ltd owned about 0.06% of Vantiv worth $7,788,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in VNTV. Vanguard Group Inc. increased its position in shares of Vantiv by 3.8% during the second quarter. Vanguard Group Inc. now owns 13,320,268 shares of the business services provider’s stock worth $843,706,000 after acquiring an additional 492,711 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of Vantiv by 25.4% during the third quarter. JPMorgan Chase & Co. now owns 9,823,200 shares of the business services provider’s stock worth $697,053,000 after acquiring an additional 1,988,656 shares during the last quarter. Investec Asset Management LTD increased its position in shares of Vantiv by 3.6% during the second quarter. Investec Asset Management LTD now owns 3,645,303 shares of the business services provider’s stock worth $230,893,000 after acquiring an additional 128,308 shares during the last quarter. Artisan Partners Limited Partnership increased its position in shares of Vantiv by 2.2% during the second quarter. Artisan Partners Limited Partnership now owns 3,248,249 shares of the business services provider’s stock worth $205,744,000 after acquiring an additional 69,377 shares during the last quarter. Finally, State Street Corp increased its position in shares of Vantiv by 3.3% during the second quarter. State Street Corp now owns 3,025,591 shares of the business services provider’s stock worth $191,639,000 after acquiring an additional 97,659 shares during the last quarter.

Shares of Vantiv, Inc. (VNTV) traded up $0.17 during trading on Wednesday, reaching $74.79. The company had a trading volume of 1,535,500 shares, compared to its average volume of 1,991,877. The company has a debt-to-equity ratio of 7.45, a quick ratio of 0.72 and a current ratio of 0.72. The company has a market capitalization of $13,264.30, a price-to-earnings ratio of 25.04, a P/E/G ratio of 1.66 and a beta of 0.58. Vantiv, Inc. has a 1 year low of $56.93 and a 1 year high of $76.22.

Vantiv (NYSE:VNTV) last announced its quarterly earnings data on Thursday, October 26th. The business services provider reported $0.90 earnings per share for the quarter, beating the Thomson Reuters’ 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 during the quarter, compared to analyst estimates of $551.77 million. During the same period in the previous year, the company earned $0.71 earnings per share. Vantiv’s quarterly revenue was up 13.1% on a year-over-year basis. equities analysts anticipate that Vantiv, Inc. will post 3.16 EPS for the current year.

A number of analysts have recently issued reports on VNTV shares. Keefe, Bruyette & Woods reaffirmed a “buy” rating and set a $82.00 target price on shares of Vantiv in a research report on Thursday, September 28th. Citigroup reaffirmed a “buy” rating and set a $83.00 target price on shares of Vantiv in a research report on Monday, September 25th. Zacks Investment Research raised Vantiv from a “hold” rating to a “buy” rating and set a $78.00 target price on the stock in a research report on Tuesday, August 15th. KeyCorp reaffirmed a “buy” rating and set a $80.00 target price on shares of Vantiv in a research report on Friday, September 1st. Finally, BidaskClub lowered Vantiv from a “strong-buy” rating to a “buy” rating in a research report on Friday, September 1st. Ten research analysts have rated the stock with a hold rating and twenty have given a buy rating to the company’s stock. Vantiv currently has an average rating of “Buy” and an average price target of $77.77.

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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.

Institutional Ownership by Quarter for Vantiv (NYSE:VNTV)

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