BidaskClub lowered shares of Vantiv, Inc. (NYSE:VNTV) from a hold rating to a sell rating in a report published on Thursday.

Other research analysts also recently issued reports about the stock. Stifel Nicolaus upgraded shares of Vantiv from a hold rating to a buy rating and increased their price target for the stock from $63.00 to $85.00 in a research report on Thursday, August 10th. Instinet reiterated a buy rating and issued a $85.00 price target (up from $75.00) on shares of Vantiv in a research report on Monday, August 14th. Oppenheimer Holdings, Inc. increased their price target on shares of Vantiv from $70.00 to $77.00 and gave the stock an outperform rating in a research report on Wednesday, August 16th. Zacks Investment Research downgraded shares of Vantiv from a buy rating to a hold rating in a research report on Saturday, June 10th. Finally, William Blair reiterated an outperform rating on shares of Vantiv in a research report on Monday, July 24th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and eighteen have assigned a buy rating to the stock. Vantiv currently has an average rating of Buy and an average price target of $75.48.

Vantiv (NYSE:VNTV) opened at 70.47 on Thursday. The company has a 50-day moving average of $70.18 and a 200 day moving average of $64.92. The company has a market cap of $11.36 billion, a PE ratio of 59.57 and a beta of 0.59. Vantiv has a 12 month low of $54.38 and a 12 month high of $73.14.

Vantiv (NYSE:VNTV) last released its quarterly earnings results on Wednesday, August 9th. The business services provider reported $0.83 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.82 by $0.01. Vantiv had a net margin of 5.58% and a return on equity of 33.54%. The business had revenue of $530.00 million for the quarter, compared to the consensus estimate of $525.12 million. During the same period last year, the firm earned $0.70 earnings per share. The company’s quarterly revenue was up 10.3% on a year-over-year basis. On average, equities analysts forecast that Vantiv will post $3.35 earnings per share for the current fiscal year.

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Institutional investors and hedge funds have recently bought and sold shares of the stock. Toronto Dominion Bank grew its stake in Vantiv by 12.3% during the second quarter. Toronto Dominion Bank now owns 1,981 shares of the business services provider’s stock valued at $125,000 after acquiring an additional 217 shares in the last quarter. Tower Research Capital LLC TRC grew its stake in Vantiv by 404.7% during 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 acquiring an additional 1,740 shares in the last quarter. WINTON GROUP Ltd purchased a new position in Vantiv during the first quarter valued at $203,000. Beacon Investment Advisory Services Inc. purchased a new position in Vantiv during the second quarter valued at $204,000. Finally, Great Lakes Advisors LLC grew its stake in Vantiv by 1.5% during the second 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. 80.16% of the stock is owned by institutional investors.

About Vantiv

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.

Analyst Recommendations for Vantiv (NYSE:VNTV)

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