Vantiv, Inc. (VNTV) Earns Buy Rating from Robert W. Baird

Robert W. Baird reissued their buy rating on shares of Vantiv, Inc. (NYSE:VNTV) in a report issued on Monday morning. The brokerage currently has a $82.00 target price on the business services provider’s stock.

Other research analysts also recently issued reports about the company. Stifel Nicolaus raised Vantiv from a hold rating to a buy rating and upped their price target for the company from $63.00 to $85.00 in a report on Thursday, August 10th. Instinet reaffirmed a buy rating and set a $85.00 price target (up from $75.00) on shares of Vantiv in a report on Monday, August 14th. Oppenheimer Holdings, Inc. upped their price target on Vantiv from $70.00 to $77.00 and gave the company an outperform rating in a report on Wednesday, August 16th. William Blair reaffirmed an outperform rating on shares of Vantiv in a report on Monday, July 24th. Finally, BidaskClub raised Vantiv from a hold rating to a buy rating in a report on Wednesday, July 19th. Twelve investment analysts have rated the stock with a hold rating and eighteen have given a buy rating to the stock. The stock presently has an average rating of Buy and a consensus target price of $75.96.

Vantiv (NYSE VNTV) opened at $70.34 on Monday. The stock has a market capitalization of $12,258.19, a price-to-earnings ratio of 23.14, a PEG ratio of 1.53 and a beta of 0.56. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 7.45. Vantiv has a 1-year low of $54.38 and a 1-year high of $73.14.

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

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Several large investors have recently added to or reduced their stakes in the stock. IFM Investors Pty Ltd purchased a new stake in shares of Vantiv during the third quarter worth about $383,000. Sterling Capital Management LLC grew its position 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 worth $4,108,000 after purchasing an additional 1,738 shares in the last quarter. Neuberger Berman Group LLC grew its position in shares of 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. California Public Employees Retirement System grew its position in shares of Vantiv by 7.6% during the third quarter. California Public Employees Retirement System now owns 337,094 shares of the business services provider’s stock worth $23,755,000 after purchasing an additional 23,694 shares in the last quarter. Finally, Bamco Inc. NY grew its position in shares of Vantiv by 4.3% during the third quarter. Bamco Inc. NY now owns 821,784 shares of the business services provider’s stock worth $57,911,000 after purchasing an additional 33,845 shares in the last quarter. Hedge funds and other institutional investors own 89.15% of the company’s stock.

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)

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