Traders purchased shares of Vantiv Inc (NYSE:VNTV) on weakness during trading on Wednesday. $73.59 million flowed into the stock on the tick-up and $49.81 million flowed out of the stock on the tick-down, for a money net flow of $23.78 million into the stock. Of all stocks tracked, Vantiv had the 27th highest net in-flow for the day. Vantiv traded down ($0.51) for the day and closed at $73.94
Several analysts have weighed in on VNTV shares. Royal Bank of Canada reissued a “buy” rating and issued a $78.00 target price on shares of Vantiv in a report on Friday, October 13th. Cantor Fitzgerald reissued a “buy” rating and issued a $74.00 target price on shares of Vantiv in a report on Thursday, October 26th. KeyCorp reissued a “buy” rating and issued a $80.00 target price on shares of Vantiv in a report on Friday, September 1st. BidaskClub downgraded Vantiv from a “strong-buy” rating to a “buy” rating in a research report on Friday, September 1st. Finally, Bank of America initiated coverage on Vantiv in a research report on Tuesday, September 12th. They issued a “neutral” rating on the stock. Nine equities research analysts have rated the stock with a hold rating and twenty-two have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $78.52.
The company has a market cap of $13,143.43, a PE ratio of 50.92, a price-to-earnings-growth ratio of 1.64 and a beta of 0.58. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 7.45.
Several institutional investors have recently added to or reduced their stakes in VNTV. Toronto Dominion Bank grew its stake 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 buying an additional 217 shares in the last quarter. Tower Research Capital LLC TRC grew its stake 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 in the last quarter. Zions Bancorporation acquired a new stake in shares of Vantiv in the third quarter valued at about $155,000. Highbridge Capital Management LLC grew its stake 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 in the last quarter. Finally, Dai Ichi Life Insurance Company Ltd acquired a new stake in shares of Vantiv in the third quarter valued at about $204,000.
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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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