Artisan Partners Limited Partnership reduced its position in Vantiv, Inc. (NYSE:VNTV) by 0.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,244,368 shares of the business services provider’s stock after selling 3,881 shares during the quarter. Artisan Partners Limited Partnership owned approximately 1.83% of Vantiv worth $228,631,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Great Lakes Advisors LLC grew its position in Vantiv by 1.5% in the 2nd 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. Shaker Investments LLC OH grew its position in Vantiv by 0.7% in the 2nd quarter. Shaker Investments LLC OH now owns 11,480 shares of the business services provider’s stock valued at $727,000 after acquiring an additional 80 shares in the last quarter. Wedge Capital Management L L P NC grew its position in Vantiv by 0.8% in 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 acquiring an additional 98 shares in the last quarter. Capstone Asset Management Co. grew its position in Vantiv by 3.1% in the 2nd 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 in the last quarter. Finally, Associated Banc Corp boosted its stake in shares of Vantiv by 1.2% in 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 during the period.

Shares of Vantiv, Inc. (VNTV) traded up $0.13 during midday trading on Friday, reaching $75.13. The company’s stock had a trading volume of 3,582,454 shares, compared to its average volume of 2,364,815. The company has a debt-to-equity ratio of 7.45, a quick ratio of 0.72 and a current ratio of 0.72. Vantiv, Inc. has a one year low of $55.11 and a one year high of $76.22. The stock has a market capitalization of $13,331.85, a PE ratio of 25.17, a P/E/G ratio of 1.67 and a beta of 0.58.

Vantiv (NYSE:VNTV) last issued its quarterly earnings data on Thursday, October 26th. The business services provider reported $0.90 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.89 by $0.01. Vantiv had a return on equity of 41.19% and a net margin of 6.07%. The company had revenue of $1.03 billion during the quarter, compared to analysts’ expectations of $551.77 million. During the same quarter in the previous year, the business earned $0.71 earnings per share. The firm’s revenue for the quarter was up 13.1% on a year-over-year basis. equities analysts predict that Vantiv, Inc. will post 3.16 EPS for the current year.

Several equities analysts have recently issued reports on VNTV shares. Stifel Nicolaus upgraded Vantiv from a “hold” rating to a “buy” rating and lifted their price objective for the company from $63.00 to $85.00 in a research note on Thursday, August 10th. Royal Bank Of Canada reiterated a “buy” rating and issued a $73.00 price objective on shares of Vantiv in a research note on Wednesday, August 9th. Zacks Investment Research upgraded Vantiv from a “hold” rating to a “buy” rating and set a $78.00 price objective for the company in a research note on Tuesday, August 15th. Instinet reiterated a “buy” rating and issued a $85.00 price objective (up previously from $75.00) on shares of Vantiv in a research note on Monday, August 14th. Finally, Nomura lifted their price objective on Vantiv from $75.00 to $85.00 and gave the company a “buy” rating in a research note on Monday, August 14th. Eleven equities research analysts have rated the stock with a hold rating and nineteen have given a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $75.96.

COPYRIGHT VIOLATION NOTICE: This piece of content was posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this piece of content on another website, it was copied illegally and reposted in violation of U.S. and international trademark & copyright law. The correct version of this piece of content can be accessed at https://www.thecerbatgem.com/2017/12/02/artisan-partners-limited-partnership-reduces-holdings-in-vantiv-inc-vntv.html.

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.

Institutional Ownership by Quarter for Vantiv (NYSE:VNTV)

Receive News & Stock Ratings for Vantiv Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vantiv Inc. and related stocks with our FREE daily email newsletter.