Caldera Capital LLC Purchases New Holdings in Vantiv, Inc. (VNTV)
Caldera Capital LLC purchased a new stake in Vantiv, Inc. (NYSE:VNTV) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 17,359 shares of the business services provider’s stock, valued at approximately $1,099,000. Vantiv makes up 1.0% of Caldera Capital LLC’s investment portfolio, making the stock its 19th largest holding.
Several other institutional investors also recently modified their holdings of the stock. Great Lakes Advisors LLC increased its holdings in shares of Vantiv by 1.5% in the second quarter. Great Lakes Advisors LLC now owns 3,218 shares of the business services provider’s stock valued at $204,000 after purchasing an additional 47 shares in the last quarter. Shaker Investments LLC OH increased its holdings in shares of Vantiv by 0.7% in the second quarter. Shaker Investments LLC OH now owns 11,480 shares of the business services provider’s stock valued at $727,000 after purchasing an additional 80 shares in the last quarter. Wedge Capital Management L L P NC increased its holdings in shares of Vantiv by 0.8% in the second quarter. Wedge Capital Management L L P NC now owns 12,990 shares of the business services provider’s stock valued at $823,000 after purchasing an additional 98 shares in the last quarter. Utah Retirement Systems increased its holdings in shares of Vantiv by 0.4% in the first quarter. Utah Retirement Systems now owns 28,300 shares of the business services provider’s stock valued at $1,815,000 after purchasing an additional 100 shares in the last quarter. Finally, Capstone Asset Management Co. increased its holdings in shares of Vantiv by 3.1% in the second quarter. Capstone Asset Management Co. now owns 4,629 shares of the business services provider’s stock valued at $293,000 after purchasing an additional 140 shares in the last quarter. 80.47% of the stock is owned by institutional investors and hedge funds.
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VNTV has been the subject of a number of research reports. Nomura raised their price target on shares of Vantiv from $75.00 to $85.00 and gave the company a “buy” rating in a report on Monday, August 14th. Keefe, Bruyette & Woods set a $82.00 target price on shares of Vantiv and gave the stock a “buy” rating in a report on Sunday, August 13th. Stifel Nicolaus lowered their target price on shares of Vantiv from $66.00 to $64.00 and set a “hold” rating for the company in a report on Thursday, July 6th. BidaskClub lowered shares of Vantiv from a “buy” rating to a “hold” rating in a report on Thursday, September 7th. Finally, Guggenheim raised shares of Vantiv from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $66.00 to $73.00 in a report on Monday, July 17th. Nine equities research analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $75.09.
Vantiv, Inc. (NYSE:VNTV) traded down 0.10% during midday trading on Friday, reaching $72.08. 1,883,813 shares of the company traded hands. The stock has a market capitalization of $11.62 billion, a P/E ratio of 60.93 and a beta of 0.59. Vantiv, Inc. has a 12-month low of $53.20 and a 12-month high of $73.14. The company has a 50 day moving average of $69.71 and a 200-day moving average of $64.84.
Vantiv (NYSE:VNTV) last posted its quarterly earnings data on Wednesday, August 9th. The business services provider reported $0.83 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.82 by $0.01. Vantiv had a net margin of 5.58% and a return on equity of 33.54%. The company had revenue of $530.00 million during the quarter, compared to analysts’ expectations of $525.12 million. During the same period in the prior year, the company posted $0.70 earnings per share. Vantiv’s revenue for the quarter was up 10.3% compared to the same quarter last year. Equities analysts anticipate that Vantiv, Inc. will post $3.35 EPS for the current fiscal year.
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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