Vantiv, Inc. (VNTV) Stake Increased by OxFORD Asset Management LLP
OxFORD Asset Management LLP lifted its stake in shares of Vantiv, Inc. (NYSE:VNTV) by 54.5% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 32,259 shares of the business services provider’s stock after acquiring an additional 11,383 shares during the quarter. OxFORD Asset Management LLP’s holdings in Vantiv were worth $2,043,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. HighTower Advisors LLC bought a new stake in shares of Vantiv during the 1st quarter worth about $230,000. GAM Holding AG boosted its stake in shares of Vantiv by 41.6% during the 2nd quarter. GAM Holding AG now owns 20,573 shares of the business services provider’s stock worth $1,303,000 after acquiring an additional 6,045 shares in the last quarter. NN Investment Partners Holdings N.V. boosted its stake in shares of Vantiv by 0.9% during the 2nd quarter. NN Investment Partners Holdings N.V. now owns 66,622 shares of the business services provider’s stock worth $4,219,000 after acquiring an additional 599 shares in the last quarter. Teachers Advisors LLC boosted its stake in shares of Vantiv by 1.8% during the 1st quarter. Teachers Advisors LLC now owns 412,495 shares of the business services provider’s stock worth $26,449,000 after acquiring an additional 7,224 shares in the last quarter. Finally, State Board of Administration of Florida Retirement System boosted its stake in shares of Vantiv by 0.6% during the 2nd quarter. State Board of Administration of Florida Retirement System now owns 199,510 shares of the business services provider’s stock worth $12,637,000 after acquiring an additional 1,178 shares in the last quarter. Institutional investors own 80.16% of the company’s stock.
Several analysts have recently issued reports on VNTV shares. KeyCorp downgraded Vantiv to a “hold” rating in a research note on Monday, June 12th. BidaskClub downgraded Vantiv from a “buy” rating to a “hold” rating in a research note on Thursday, September 7th. Zacks Investment Research downgraded Vantiv from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Deutsche Bank AG reiterated a “buy” rating and set a $72.00 price target (up previously from $67.00) on shares of Vantiv in a research note on Thursday, August 10th. Finally, Stifel Nicolaus decreased their price target on Vantiv from $66.00 to $64.00 and set a “hold” rating for the company in a research note on Thursday, July 6th. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and eighteen have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $75.40.
Vantiv, Inc. (NYSE VNTV) opened at 70.82 on Friday. The firm has a market capitalization of $11.42 billion, a PE ratio of 59.86 and a beta of 0.61. Vantiv, Inc. has a one year low of $54.38 and a one year high of $73.14. The stock has a 50 day moving average price of $71.48 and a 200-day moving average price of $65.55.
Vantiv (NYSE:VNTV) last announced its quarterly earnings data on Wednesday, August 9th. The business services provider reported $0.83 EPS for the quarter, beating the 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 during the quarter, compared to the consensus estimate of $525.12 million. During the same period in the previous year, the business earned $0.70 earnings per share. The company’s revenue was up 10.3% on a year-over-year basis. On average, equities analysts forecast that Vantiv, Inc. will post $3.35 earnings per share for the current year.
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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