ClariVest Asset Management LLC lessened its holdings in shares of Vantiv, Inc. (NYSE:VNTV) by 4.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 529,057 shares of the business services provider’s stock after selling 22,969 shares during the quarter. Vantiv makes up 0.8% of ClariVest Asset Management LLC’s portfolio, making the stock its 29th largest holding. ClariVest Asset Management LLC owned 0.30% of Vantiv worth $37,283,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the company. Great Lakes Advisors LLC lifted its stake in shares of Vantiv by 1.5% during the 2nd quarter. Great Lakes Advisors LLC now owns 3,218 shares of the business services provider’s stock valued at $204,000 after buying an additional 47 shares in the last quarter. Shaker Investments LLC OH lifted its stake in shares of Vantiv by 0.7% during the 2nd quarter. Shaker Investments LLC OH now owns 11,480 shares of the business services provider’s stock valued at $727,000 after buying an additional 80 shares in the last quarter. Wedge Capital Management L L P NC lifted its stake in shares of 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 valued at $823,000 after buying an additional 98 shares in the last quarter. Capstone Asset Management Co. lifted its stake in shares of Vantiv by 3.1% during the 2nd quarter. Capstone Asset Management Co. now owns 4,629 shares of the business services provider’s stock valued at $293,000 after buying an additional 140 shares in the last quarter. Finally, Associated Banc Corp lifted its stake in shares of Vantiv by 1.2% during the 2nd quarter. Associated Banc Corp now owns 17,908 shares of the business services provider’s stock valued at $1,134,000 after buying an additional 215 shares in the last quarter. Institutional investors and hedge funds own 89.15% of the company’s stock.

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A number of research analysts recently weighed in on VNTV shares. Royal Bank Of Canada restated a “buy” rating and set a $78.00 target price on shares of Vantiv in a research note on Friday, October 13th. BidaskClub cut shares of Vantiv from a “strong-buy” rating to a “buy” rating in a research note on Friday, September 1st. Cantor Fitzgerald restated a “buy” rating and set a $74.00 target price on shares of Vantiv in a research note on Thursday, October 26th. KeyCorp restated a “buy” rating and set a $80.00 target price on shares of Vantiv in a research note on Friday, September 1st. Finally, Bank of America Corporation started coverage on shares of Vantiv in a research note on Tuesday, September 12th. They set a “neutral” rating on the stock. Twelve research analysts have rated the stock with a hold rating and eighteen have given a buy rating to the company’s stock. Vantiv presently has a consensus rating of “Buy” and a consensus price target of $75.96.

Shares of Vantiv, Inc. (NYSE VNTV) traded down $0.85 during trading hours on Thursday, reaching $68.97. 1,686,100 shares of the company traded hands, compared to its average volume of 1,910,664. The company has a market cap of $12,411.06, a P/E ratio of 23.43, a price-to-earnings-growth ratio of 1.55 and a beta of 0.56. Vantiv, Inc. has a one year low of $54.38 and a one year high of $73.14. The company has a debt-to-equity ratio of 7.45, a current ratio of 0.72 and a quick ratio of 0.72.

Vantiv (NYSE:VNTV) last issued its quarterly earnings results on Thursday, October 26th. The business services provider reported $0.90 EPS for the quarter, beating the consensus estimate of $0.89 by $0.01. The company had revenue of $1.03 billion for the quarter, compared to the consensus estimate of $551.77 million. Vantiv had a net margin of 6.07% and a return on equity of 41.19%. The firm’s revenue was up 13.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.71 EPS. analysts predict that Vantiv, Inc. will post 3.15 earnings per share 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.

Institutional Ownership by Quarter for Vantiv (NYSE:VNTV)

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