Kayne Anderson Rudnick Investment Management LLC raised its holdings in Vantiv, Inc. (NYSE:VNTV) by 61.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 27,555 shares of the business services provider’s stock after purchasing an additional 10,494 shares during the quarter. Kayne Anderson Rudnick Investment Management LLC’s holdings in Vantiv were worth $1,942,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the business. Great Lakes Advisors LLC boosted its holdings in Vantiv by 1.5% in the second 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 last quarter. Shaker Investments LLC OH boosted its stake in shares of Vantiv by 0.7% during the 2nd quarter. Shaker Investments LLC OH now owns 11,480 shares of the business services provider’s stock worth $727,000 after acquiring an additional 80 shares in the last quarter. Wedge Capital Management L L P NC boosted its stake in shares of 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 worth $823,000 after acquiring an additional 98 shares in the last quarter. Capstone Asset Management Co. boosted its stake in shares of Vantiv by 3.1% during the 2nd quarter. Capstone Asset Management Co. now owns 4,629 shares of the business services provider’s stock worth $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% during the 2nd quarter. Associated Banc Corp now owns 17,908 shares of the business services provider’s stock worth $1,134,000 after acquiring an additional 215 shares in the last quarter. 89.15% of the stock is currently owned by institutional investors.

Shares of Vantiv, Inc. (NYSE VNTV) opened at $69.99 on Friday. The company has a market cap of $12,441.28, a PE ratio of 23.49, a price-to-earnings-growth ratio of 1.56 and a beta of 0.56. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 7.45. Vantiv, Inc. has a 1-year low of $54.38 and a 1-year high of $73.14.

Vantiv (NYSE:VNTV) last released its quarterly earnings data on Thursday, October 26th. The business services provider reported $0.90 EPS for the quarter, beating the Zacks’ consensus estimate of $0.89 by $0.01. The company had revenue of $1.03 billion during the quarter, compared to the consensus estimate of $551.77 million. Vantiv had a net margin of 6.07% and a return on equity of 41.19%. Vantiv’s quarterly revenue was up 13.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.71 EPS. equities research analysts expect that Vantiv, Inc. will post 3.15 earnings per share for the current year.

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Several equities research analysts have recently issued reports on VNTV shares. Zacks Investment Research raised shares of Vantiv from a “sell” rating to a “buy” rating and set a $72.00 target price on the stock in a research note on Saturday, July 22nd. Keefe, Bruyette & Woods set a $82.00 target price on shares of Vantiv and gave the stock a “buy” rating in a research note on Sunday, August 13th. Citigroup Inc. increased their target price on shares of Vantiv from $72.00 to $74.00 and gave the stock a “buy” rating in a research note on Friday, August 11th. Stifel Nicolaus raised shares of Vantiv from a “hold” rating to a “buy” rating and increased their target price for the stock from $63.00 to $85.00 in a research note on Thursday, August 10th. Finally, Royal Bank Of Canada reissued a “buy” rating and set a $73.00 target price on shares of Vantiv in a research note on Wednesday, August 9th. Twelve investment analysts have rated the stock with a hold rating and eighteen have given a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $75.96.

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)

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