Traders Buy Large Volume of Call Options on Vantiv (VNTV)
Vantiv, Inc. (NYSE:VNTV) saw some unusual options trading activity on Monday. Investors purchased 5,758 call options on the stock. This represents an increase of Infinity compared to the typical volume of 0 call options.
Several analysts recently issued reports on the stock. Stifel Nicolaus upgraded shares of Vantiv from a “hold” rating to a “buy” rating and boosted their target price for the company from $63.00 to $85.00 in a research report on Thursday, August 10th. Instinet restated a “buy” rating and set a $85.00 target price (up from $75.00) on shares of Vantiv in a research report on Monday, August 14th. Oppenheimer Holdings, Inc. boosted their target price on shares of Vantiv from $70.00 to $77.00 and gave the company an “outperform” rating in a research report on Wednesday, August 16th. BidaskClub upgraded shares of Vantiv from a “sell” rating to a “hold” rating in a research report on Wednesday. Finally, William Blair reaffirmed an “outperform” rating on shares of Vantiv in a report on Monday, July 24th. Twelve investment analysts have rated the stock with a hold rating and seventeen have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $75.60.
Shares of Vantiv (VNTV) opened at $68.97 on Thursday. Vantiv has a one year low of $54.38 and a one year high of $73.14. The firm has a market cap of $12,334.63, a PE ratio of 23.28, a P/E/G ratio of 1.54 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 (NYSE:VNTV) last released its quarterly earnings results on Thursday, October 26th. The business services provider reported $0.90 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.89 by $0.01. The business had revenue of $1.03 billion during the quarter, compared to analyst estimates of $551.77 million. Vantiv had a net margin of 6.07% and a return on equity of 41.19%. The company’s quarterly revenue was up 13.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.71 earnings per share. analysts anticipate that Vantiv will post 3.15 EPS for the current year.
Several institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. raised its position in shares of Vantiv by 3.8% in the 2nd quarter. Vanguard Group Inc. now owns 13,320,268 shares of the business services provider’s stock valued at $843,706,000 after purchasing an additional 492,711 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of Vantiv by 25.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 9,823,200 shares of the business services provider’s stock valued at $697,053,000 after purchasing an additional 1,988,656 shares during the last quarter. Diamond Hill Capital Management Inc. raised its position in shares of Vantiv by 5.6% in the 2nd quarter. Diamond Hill Capital Management Inc. now owns 4,404,876 shares of the business services provider’s stock valued at $279,005,000 after purchasing an additional 235,112 shares during the last quarter. Investec Asset Management LTD raised its position in shares of Vantiv by 3.6% in the 2nd quarter. Investec Asset Management LTD now owns 3,645,303 shares of the business services provider’s stock valued at $230,893,000 after purchasing an additional 128,308 shares during the last quarter. Finally, Artisan Partners Limited Partnership increased its holdings in Vantiv by 2.2% in the 2nd quarter. Artisan Partners Limited Partnership now owns 3,248,249 shares of the business services provider’s stock worth $205,744,000 after buying an additional 69,377 shares during the period. 89.15% of the stock is owned by hedge funds and other institutional investors.
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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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