Traders Sell Shares of Vantiv (VNTV) on Strength (VNTV)
Investors sold shares of Vantiv Inc (NYSE:VNTV) on strength during trading on Friday. $106.44 million flowed into the stock on the tick-up and $260.52 million flowed out of the stock on the tick-down, for a money net flow of $154.08 million out of the stock. Of all stocks tracked, Vantiv had the 0th highest net out-flow for the day. Vantiv traded up $1.94 for the day and closed at $77.60
A number of brokerages recently issued reports on VNTV. BidaskClub cut Vantiv from a “hold” rating to a “sell” rating in a report on Thursday, September 28th. Zacks Investment Research cut Vantiv from a “hold” rating to a “sell” rating in a report on Wednesday, October 18th. Royal Bank of Canada reiterated a “buy” rating and issued a $78.00 target price on shares of Vantiv in a report on Friday, October 13th. Berenberg Bank began coverage on Vantiv in a report on Thursday, November 16th. They issued a “buy” rating and a $85.00 target price on the stock. Finally, Keefe, Bruyette & Woods reiterated a “buy” rating and issued a $88.00 target price on shares of Vantiv in a report on Friday, December 22nd. Eight research analysts have rated the stock with a hold rating, twenty-two have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Vantiv presently has an average rating of “Buy” and a consensus price target of $80.04.
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 firm has a market cap of $13,800.00, a P/E ratio of 53.89, a price-to-earnings-growth ratio of 1.51 and a beta of 0.58.
Institutional investors have recently made changes to their positions in the company. Toronto Dominion Bank increased its position in shares of Vantiv by 12.3% during the 2nd 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 during the last quarter. Tower Research Capital LLC TRC increased its position in shares of Vantiv by 404.7% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,170 shares of the business services provider’s stock valued at $137,000 after purchasing an additional 1,740 shares during the last quarter. Zions Bancorporation purchased a new stake in shares of Vantiv during the 3rd quarter valued at $155,000. Highbridge Capital Management LLC increased its position in shares of Vantiv by 2,754.0% during the 3rd quarter. Highbridge Capital Management LLC now owns 2,854 shares of the business services provider’s stock valued at $201,000 after purchasing an additional 2,754 shares during the last quarter. Finally, Dai Ichi Life Insurance Company Ltd purchased a new stake in shares of Vantiv during the 3rd quarter valued at $204,000.
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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