Vantiv, Inc. (NYSE:VNTV)‘s stock had its “buy” rating reissued by Robert W. Baird in a research note issued to investors on Thursday. They currently have a $82.00 target price on the business services provider’s stock. Robert W. Baird’s price objective indicates a potential upside of 15.82% from the stock’s previous close.

VNTV has been the subject of several other reports. BidaskClub lowered shares of Vantiv from a “buy” rating to a “hold” rating in a research note on Thursday, September 7th. Zacks Investment Research lowered shares of Vantiv from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Deutsche Bank AG reaffirmed a “buy” rating and set a $72.00 price objective (up from $67.00) on shares of Vantiv in a research note on Thursday, August 10th. Stifel Nicolaus dropped their price objective on shares of Vantiv from $66.00 to $64.00 and set a “hold” rating for the company in a research note on Thursday, July 6th. Finally, Keefe, Bruyette & Woods set a $82.00 price objective on shares of Vantiv and gave the stock a “buy” rating in a research note on Sunday, August 13th. Twelve investment analysts have rated the stock with a hold rating and seventeen have issued a buy rating to the stock. Vantiv presently has an average rating of “Buy” and an average target price of $75.48.

Shares of Vantiv (NYSE VNTV) traded down 0.44% during midday trading on Thursday, hitting $70.49. 1,567,331 shares of the stock were exchanged. The company has a market capitalization of $11.37 billion, a P/E ratio of 59.59 and a beta of 0.61. Vantiv has a 1-year low of $54.38 and a 1-year high of $73.14. The firm has a 50-day moving average of $71.39 and a 200-day moving average of $65.72.

Vantiv (NYSE:VNTV) last posted its quarterly earnings data on Wednesday, August 9th. The business services provider reported $0.83 EPS for the quarter, topping the consensus estimate of $0.82 by $0.01. The company had revenue of $530.00 million during the quarter, compared to analyst estimates of $525.12 million. Vantiv had a net margin of 5.58% and a return on equity of 33.54%. Vantiv’s quarterly revenue was up 10.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.70 earnings per share. On average, equities analysts expect that Vantiv will post $3.35 EPS for the current year.

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A number of institutional investors have recently made changes to their positions in the business. Great Lakes Advisors LLC raised its holdings in Vantiv by 1.5% in the second quarter. Great Lakes Advisors LLC now owns 3,218 shares of the business services provider’s stock worth $204,000 after purchasing an additional 47 shares in the last quarter. Shaker Investments LLC OH raised its holdings in Vantiv by 0.7% in the second quarter. Shaker Investments LLC OH now owns 11,480 shares of the business services provider’s stock worth $727,000 after purchasing an additional 80 shares in the last quarter. Wedge Capital Management L L P NC raised its holdings in Vantiv by 0.8% in the second quarter. Wedge Capital Management L L P NC now owns 12,990 shares of the business services provider’s stock worth $823,000 after purchasing an additional 98 shares in the last quarter. Capstone Asset Management Co. raised its holdings in Vantiv by 3.1% in the second quarter. Capstone Asset Management Co. now owns 4,629 shares of the business services provider’s stock worth $293,000 after purchasing an additional 140 shares in the last quarter. Finally, Associated Banc Corp raised its holdings in Vantiv by 1.2% in the second quarter. Associated Banc Corp now owns 17,908 shares of the business services provider’s stock worth $1,134,000 after purchasing an additional 215 shares in the last quarter. Institutional investors and hedge funds own 80.16% of the company’s stock.

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)

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