IFM Investors Pty Ltd acquired a new position in Vantiv, Inc. (NYSE:VNTV) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 5,432 shares of the business services provider’s stock, valued at approximately $383,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Great Lakes Advisors LLC raised its stake in Vantiv by 1.5% during the 2nd quarter. Great Lakes Advisors LLC now owns 3,218 shares of the business services provider’s stock valued at $204,000 after purchasing an additional 47 shares during the period. Wedge Capital Management L L P NC raised its stake in Vantiv by 0.8% during 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 purchasing an additional 98 shares during the period. Associated Banc Corp raised its stake in Vantiv by 1.2% during the 2nd quarter. Associated Banc Corp now owns 17,908 shares of the business services provider’s stock valued at $1,134,000 after purchasing an additional 215 shares during the period. Toronto Dominion Bank raised its stake in 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 period. Finally, Colony Group LLC raised its stake in Vantiv by 0.6% during the 2nd quarter. Colony Group LLC now owns 41,164 shares of the business services provider’s stock valued at $2,607,000 after purchasing an additional 239 shares during the period.

Several analysts recently issued reports on VNTV shares. Royal Bank of Canada reissued a “buy” rating and set a $78.00 target price on shares of Vantiv in a research note on Friday, October 13th. BidaskClub downgraded Vantiv from a “sell” rating to a “strong sell” rating in a research note on Friday, October 20th. Nomura decreased their target price on Vantiv from $85.00 to $83.00 and set a “buy” rating on the stock in a research note on Friday, October 27th. Zacks Investment Research downgraded Vantiv from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Finally, Berenberg Bank began coverage on Vantiv in a research note on Thursday, November 16th. They issued a “buy” rating and a $85.00 price objective on the stock. Nine investment analysts have rated the stock with a hold rating and twenty-two have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $78.30.

Shares of Vantiv, Inc. (NYSE:VNTV) traded up $0.99 during trading on Friday, hitting $75.87. The stock had a trading volume of 2,853,177 shares, compared to its average volume of 2,798,725. The stock has a market cap of $13,486.50, a PE ratio of 25.46, a price-to-earnings-growth ratio of 1.68 and a beta of 0.58. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 7.45. Vantiv, Inc. has a 12-month low of $58.13 and a 12-month high of $76.22.

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

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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.

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Institutional Ownership by Quarter for Vantiv (NYSE:VNTV)

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