Investors Buy Shares of Vantiv (VNTV) on Weakness

Investors bought shares of Vantiv Inc (NYSE:VNTV) on weakness during trading hours on Thursday. $66.21 million flowed into the stock on the tick-up and $50.63 million flowed out of the stock on the tick-down, for a money net flow of $15.58 million into the stock. Of all companies tracked, Vantiv had the 25th highest net in-flow for the day. Vantiv traded down ($0.05) for the day and closed at $75.66

A number of equities research analysts have recently weighed in on the company. Mizuho reissued a “hold” rating and set a $80.00 target price on shares of Vantiv in a report on Thursday, January 4th. Stifel Nicolaus reissued a “buy” rating and set a $93.00 target price on shares of Vantiv in a report on Friday, December 15th. Stephens assumed coverage on Vantiv in a report on Thursday. They set an “overweight” rating and a $89.00 target price for the company. KeyCorp reissued a “buy” rating and set a $85.00 target price (up previously from $80.00) on shares of Vantiv in a report on Monday, December 4th. Finally, Deutsche Bank lifted their target price on Vantiv to $82.00 and gave the stock a “buy” rating in a report on Monday, December 4th. Eight research analysts have rated the stock with a hold rating, twenty-two have issued a buy rating and one has given a strong buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $80.04.

The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 7.45. The stock 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 (NYSE:VNTV) last issued its quarterly earnings results on Thursday, October 26th. The business services provider reported $0.90 EPS for the quarter, topping 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 company had revenue of $1.03 billion for the quarter, compared to analysts’ expectations of $551.77 million. During the same quarter last year, the business earned $0.71 earnings per share. Vantiv’s revenue was up 13.1% on a year-over-year basis. sell-side analysts expect that Vantiv Inc will post 3.16 earnings per share for the current year.

A number of institutional investors have recently added to or reduced their stakes in the business. KAMES CAPITAL plc grew its position in Vantiv by 122.7% in 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 acquiring an additional 604,860 shares during the last quarter. DnB Asset Management AS grew its position in Vantiv by 1.5% in 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 acquiring an additional 2,300 shares during the last quarter. Public Employees Retirement System of Ohio grew its position in Vantiv by 9.0% in 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 acquiring an additional 9,885 shares during the last quarter. GSA Capital Partners LLP grew its position in Vantiv by 24.2% in the third quarter. GSA Capital Partners LLP now owns 5,932 shares of the business services provider’s stock valued at $418,000 after acquiring an additional 1,157 shares during the last quarter. Finally, IFM Investors Pty Ltd bought a new position in Vantiv in the third quarter valued at about $383,000.

COPYRIGHT VIOLATION WARNING: This news story was reported by Markets Daily and is the property of of Markets Daily. If you are reading this news story on another website, it was illegally stolen and republished in violation of U.S. and international copyright and trademark law. The correct version of this news story can be accessed at https://www.themarketsdaily.com/2018/01/13/investors-buy-shares-of-vantiv-vntv-on-weakness.html.

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.

Receive News & Ratings for Vantiv Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vantiv and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply