Strategic Global Advisors LLC lowered its stake in Vantiv, Inc. (NYSE:VNTV) by 20.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 16,987 shares of the business services provider’s stock after selling 4,490 shares during the quarter. Strategic Global Advisors LLC’s holdings in Vantiv were worth $1,076,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Toronto Dominion Bank lifted its position in Vantiv by 30.1% in the first quarter. Toronto Dominion Bank now owns 1,764 shares of the business services provider’s stock valued at $113,000 after buying an additional 408 shares during the last quarter. WINTON GROUP Ltd acquired a new stake in Vantiv in the first quarter valued at approximately $203,000. Beacon Investment Advisory Services Inc. acquired a new stake in Vantiv in the second quarter valued at approximately $204,000. Great Lakes Advisors LLC raised its holdings in 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 acquiring an additional 47 shares in the last quarter. Finally, Profund Advisors LLC acquired a new stake in Vantiv in the second quarter valued at approximately $204,000. 80.47% of the stock is currently owned by institutional investors.

Shares of Vantiv, Inc. (VNTV) traded down 0.10% on Friday, hitting $72.08. The stock had a trading volume of 1,883,813 shares. The stock has a market capitalization of $11.62 billion, a PE ratio of 60.93 and a beta of 0.59. Vantiv, Inc. has a one year low of $53.20 and a one year high of $73.14. The firm’s 50 day moving average is $69.71 and its 200-day moving average is $64.84.

Vantiv (NYSE:VNTV) last posted its earnings results on Wednesday, August 9th. The business services provider reported $0.83 EPS for the quarter, beating the consensus estimate of $0.82 by $0.01. Vantiv had a return on equity of 33.54% and a net margin of 5.58%. The company had revenue of $530.00 million for the quarter, compared to the consensus estimate of $525.12 million. During the same quarter in the prior year, the business earned $0.70 earnings per share. The firm’s revenue for the quarter was up 10.3% on a year-over-year basis. Equities research analysts expect that Vantiv, Inc. will post $3.35 earnings per share for the current fiscal year.

VNTV has been the topic of several analyst reports. Zacks Investment Research cut shares of Vantiv from a “buy” rating to a “hold” rating in a report on Saturday, May 27th. Royal Bank Of Canada reiterated a “buy” rating and issued a $73.00 price target on shares of Vantiv in a research note on Tuesday, May 30th. Stifel Nicolaus restated a “hold” rating and set a $66.00 target price on shares of Vantiv in a research report on Thursday, June 1st. Wedbush restated a “neutral” rating and set a $65.00 target price (up from $60.00) on shares of Vantiv in a research report on Tuesday, June 6th. Finally, KeyCorp lowered shares of Vantiv to a “hold” rating in a research report on Monday, June 12th. Nine 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.

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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.

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Institutional Ownership by Quarter for Vantiv (NYSE:VNTV)

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