DekaBank Deutsche Girozentrale Raises Position in Vantiv, Inc. (VNTV)
DekaBank Deutsche Girozentrale boosted its position in shares of Vantiv, Inc. (NYSE:VNTV) by 3.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 99,080 shares of the business services provider’s stock after acquiring an additional 3,376 shares during the period. DekaBank Deutsche Girozentrale owned approximately 0.06% of Vantiv worth $7,216,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently modified their holdings of VNTV. Dimensional Fund Advisors LP increased its stake in Vantiv by 1.0% during the first quarter. Dimensional Fund Advisors LP now owns 628,825 shares of the business services provider’s stock valued at $40,320,000 after acquiring an additional 6,235 shares during the period. HighTower Advisors LLC bought a new position in Vantiv during the first quarter valued at about $230,000. Capstone Asset Management Co. increased its stake in Vantiv by 3.1% during the second quarter. Capstone Asset Management Co. now owns 4,629 shares of the business services provider’s stock valued at $293,000 after acquiring an additional 140 shares during the period. Mn Services Vermogensbeheer B.V. increased its stake in Vantiv by 519.0% during the second quarter. Mn Services Vermogensbeheer B.V. now owns 26,593 shares of the business services provider’s stock valued at $1,684,000 after acquiring an additional 22,297 shares during the period. Finally, Oregon Public Employees Retirement Fund increased its stake in Vantiv by 5.2% during the second quarter. Oregon Public Employees Retirement Fund now owns 22,208 shares of the business services provider’s stock valued at $1,407,000 after acquiring an additional 1,100 shares during the period. Hedge funds and other institutional investors own 89.15% of the company’s stock.
Vantiv, Inc. (NYSE VNTV) opened at $69.99 on Friday. Vantiv, Inc. has a 1-year low of $54.38 and a 1-year 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. The stock has a market capitalization of $12,441.28, a price-to-earnings ratio of 23.49, a price-to-earnings-growth ratio of 1.56 and a beta of 0.56.
Vantiv (NYSE:VNTV) last posted its quarterly earnings data on Thursday, October 26th. The business services provider reported $0.90 earnings per share (EPS) for the quarter, topping the consensus estimate 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 return on equity of 41.19% and a net margin of 6.07%. The business’s revenue for the quarter was up 13.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.71 EPS. equities analysts expect that Vantiv, Inc. will post 3.15 earnings per share for the current year.
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Several equities research analysts have recently weighed in on the company. Keefe, Bruyette & Woods set a $82.00 price objective on Vantiv and gave the company a “buy” rating in a research note on Sunday, August 13th. Citigroup Inc. upped their price objective on Vantiv from $72.00 to $74.00 and gave the company a “buy” rating in a research note on Friday, August 11th. Robert W. Baird reiterated an “outperform” rating and issued a $80.00 price objective (up from $72.00) on shares of Vantiv in a research note on Thursday, August 10th. Piper Jaffray Companies reiterated a “hold” rating and issued a $64.00 price objective on shares of Vantiv in a research note on Thursday, August 10th. Finally, BidaskClub upgraded Vantiv from a “hold” rating to a “buy” rating in a research note on Thursday, August 10th. Twelve research analysts have rated the stock with a hold rating and eighteen have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $75.96.
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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