Jefferies Group upgraded shares of Vantiv (NYSE:VNTV) from a hold rating to a buy rating in a report issued on Thursday morning, Marketbeat.com reports. Jefferies Group currently has $69.00 price objective on the business services provider’s stock. Jefferies Group also issued estimates for Vantiv’s Q1 2018 earnings at $0.70 EPS and Q4 2018 earnings at $1.00 EPS.

Other analysts have also issued research reports about the stock. BidaskClub lowered shares of Vantiv from a hold rating to a sell rating in a research note on Thursday, September 28th. Piper Jaffray Companies reaffirmed a hold rating and issued a $77.00 price target on shares of Vantiv in a report on Thursday, August 24th. Zacks Investment Research downgraded shares of Vantiv from a hold rating to a sell rating in a research report on Wednesday, October 18th. Royal Bank of Canada reiterated a buy rating and set a $78.00 price objective on shares of Vantiv in a research note on Friday, October 13th. Finally, Berenberg Bank began coverage on shares of Vantiv in a report on Thursday, November 16th. They issued a buy rating and a $85.00 target price on the stock. Nine analysts have rated the stock with a hold rating and twenty-two have issued a buy rating to the stock. Vantiv currently has a consensus rating of Buy and a consensus target price of $78.30.

Shares of Vantiv (NYSE VNTV) traded up $0.99 during midday trading on Thursday, reaching $75.87. The company’s stock had a trading volume of 2,865,600 shares, compared to its average volume of 1,999,310. The company has a debt-to-equity ratio of 7.45, a current ratio of 0.72 and a quick ratio of 0.72. Vantiv has a 12-month low of $58.13 and a 12-month high of $76.22. The firm has a market capitalization of $13,486.50, a PE ratio of 25.46, a P/E/G ratio of 1.68 and a beta of 0.58.

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

A number of institutional investors have recently made changes to their positions in VNTV. Public Employees Retirement System of Ohio increased its stake in Vantiv by 9.0% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 119,825 shares of the business services provider’s stock valued at $8,444,000 after buying an additional 9,885 shares during the period. GSA Capital Partners LLP boosted its holdings in shares of Vantiv by 24.2% in the third quarter. GSA Capital Partners LLP now owns 5,932 shares of the business services provider’s stock valued at $418,000 after acquiring an additional 1,157 shares in the last quarter. IFM Investors Pty Ltd acquired a new position in shares of Vantiv during the third quarter valued at approximately $383,000. Sterling Capital Management LLC increased its stake in shares of Vantiv by 3.1% during the third quarter. Sterling Capital Management LLC now owns 58,295 shares of the business services provider’s stock valued at $4,108,000 after acquiring an additional 1,738 shares during the period. Finally, Neuberger Berman Group LLC raised its holdings in Vantiv by 534.0% during the third quarter. Neuberger Berman Group LLC now owns 53,548 shares of the business services provider’s stock worth $3,774,000 after purchasing an additional 45,102 shares in the last quarter.

TRADEMARK VIOLATION NOTICE: This article was first posted by Watch List News and is the property of of Watch List News. If you are reading this article on another publication, it was copied illegally and reposted in violation of US and international copyright laws. The original version of this article can be read at https://www.watchlistnews.com/vantiv-vntv-upgraded-at-jefferies-group/1771404.html.

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.

Analyst Recommendations for Vantiv (NYSE:VNTV)

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