Vantiv Sees Unusually High Options Volume (VNTV)
Vantiv, Inc. (NYSE:VNTV) was the recipient of unusually large options trading activity on Monday. Traders acquired 5,758 call options on the company. This is an increase of approximately Infinity compared to the typical volume of 0 call options.
Shares of Vantiv (NYSE VNTV) opened at $69.99 on Friday. The company has a market cap of $12,510.00, a PE ratio of 23.43, a P/E/G ratio of 1.55 and a beta of 0.56. Vantiv has a fifty-two week low of $54.38 and a fifty-two week high of $73.14. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 7.45.
Vantiv (NYSE:VNTV) last released its quarterly earnings data on Thursday, October 26th. The business services provider reported $0.90 EPS for the quarter, topping analysts’ consensus estimates of $0.89 by $0.01. The firm 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% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.71 earnings per share. analysts forecast that Vantiv will post 3.15 EPS for the current year.
Hedge funds and other institutional investors have recently made changes to their positions in the business. Toronto Dominion Bank lifted its holdings in shares of Vantiv by 12.3% in the second quarter. Toronto Dominion Bank now owns 1,981 shares of the business services provider’s stock valued at $125,000 after purchasing an additional 217 shares in the last quarter. Tower Research Capital LLC TRC raised its position in shares of Vantiv by 404.7% in the second quarter. Tower Research Capital LLC TRC now owns 2,170 shares of the business services provider’s stock valued at $137,000 after buying an additional 1,740 shares during the last quarter. Zions Bancorporation acquired a new position in shares of Vantiv in the third quarter valued at approximately $155,000. Highbridge Capital Management LLC raised its position in shares of Vantiv by 2,754.0% in the third quarter. Highbridge Capital Management LLC now owns 2,854 shares of the business services provider’s stock valued at $201,000 after buying an additional 2,754 shares during the last quarter. Finally, Beacon Investment Advisory Services Inc. acquired a new position in shares of Vantiv in the second quarter valued at approximately $204,000. 89.15% of the stock is currently owned by institutional investors.
Several equities analysts have commented on the stock. Zacks Investment Research raised shares of Vantiv from a “sell” rating to a “buy” rating and set a $72.00 price target for the company in a research report on Saturday, July 22nd. Keefe, Bruyette & Woods set a $82.00 price target on shares of Vantiv and gave the company a “buy” rating in a research report on Sunday, August 13th. Citigroup Inc. raised their price target on shares of Vantiv from $72.00 to $74.00 and gave the company a “buy” rating in a research report on Friday, August 11th. Stifel Nicolaus raised shares of Vantiv from a “hold” rating to a “buy” rating and raised their price target for the company from $63.00 to $85.00 in a research report on Thursday, August 10th. Finally, Royal Bank Of Canada reaffirmed a “buy” rating and set a $73.00 price objective on shares of Vantiv in a research report on Wednesday, August 9th. Twelve research analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $75.96.
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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