Shares of Vantiv, Inc. (NYSE:VNTV) have been assigned a consensus rating of “Buy” from the twenty-six brokerages that are covering the stock, Marketbeat Ratings reports. Nine research analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $69.77.

A number of analysts have commented on VNTV shares. Zacks Investment Research raised shares of Vantiv from a “hold” rating to a “buy” rating and set a $73.00 price objective for the company in a research note on Tuesday, April 25th. Royal Bank Of Canada reissued a “buy” rating and issued a $73.00 price target on shares of Vantiv in a research report on Tuesday, May 30th. Stifel Nicolaus reissued a “hold” rating and issued a $66.00 price target on shares of Vantiv in a research report on Thursday, June 1st. Wedbush reissued a “neutral” rating and issued a $65.00 price target (up from $60.00) on shares of Vantiv in a research report on Tuesday, June 6th. Finally, KeyCorp lowered shares of Vantiv to a “hold” rating in a research report on Monday, June 12th.

Vantiv (VNTV) traded up 1.05% during trading on Friday, hitting $70.03. 5,467,033 shares of the stock were exchanged. The firm has a market cap of $11.29 billion, a PE ratio of 59.20 and a beta of 0.61. Vantiv has a 12-month low of $52.50 and a 12-month high of $70.15. The stock’s 50-day moving average price is $63.84 and its 200-day moving average price is $63.50.

Vantiv (NYSE:VNTV) last posted its quarterly earnings data on Wednesday, August 9th. The business services provider reported $0.83 EPS for the quarter, beating analysts’ consensus estimates of $0.82 by $0.01. Vantiv had a net margin of 5.58% and a return on equity of 33.54%. The company had revenue of $530 million during the quarter, compared to analyst estimates of $525.12 million. During the same period in the prior year, the firm earned $0.70 earnings per share. The business’s quarterly revenue was up 10.3% on a year-over-year basis. On average, equities analysts expect that Vantiv will post $3.33 EPS for the current year.

In other Vantiv news, insider Matt Taylor sold 11,622 shares of the stock in a transaction that occurred on Friday, June 9th. The stock was sold at an average price of $63.14, for a total transaction of $733,813.08. Following the transaction, the insider now owns 64,269 shares in the company, valued at $4,057,944.66. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 1.27% of the company’s stock.

Institutional investors have recently made changes to their positions in the stock. Toronto Dominion Bank increased its position in shares of Vantiv by 30.1% in the first quarter. Toronto Dominion Bank now owns 1,764 shares of the business services provider’s stock valued at $113,000 after buying an additional 408 shares during the period. IFP Advisors Inc increased its position in shares of Vantiv by 123.0% in the first quarter. IFP Advisors Inc now owns 1,922 shares of the business services provider’s stock valued at $123,000 after buying an additional 1,060 shares during the period. WINTON GROUP Ltd bought a new position in shares of Vantiv during the first quarter valued at approximately $203,000. Beacon Investment Advisory Services Inc. bought a new position in shares of Vantiv during the second quarter valued at approximately $204,000. Finally, Great Lakes Advisors LLC increased its position in shares of 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 buying an additional 47 shares during the period. Institutional investors own 84.49% of the company’s stock.

TRADEMARK VIOLATION WARNING: “Vantiv, Inc. (VNTV) Receives Consensus Rating of “Buy” from Brokerages” was published by Watch List News and is the sole property of of Watch List News. If you are accessing this article on another website, it was stolen and republished in violation of US and international trademark & copyright legislation. The correct version of this article can be read at https://www.watchlistnews.com/vantiv-inc-vntv-receives-consensus-rating-of-buy-from-brokerages/1479983.html.

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.

Analyst Recommendations for Vantiv (NYSE:VNTV)

Receive News & Ratings for Vantiv Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vantiv Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.