Vantiv (NYSE:VNTV) was upgraded by stock analysts at Wedbush from a “neutral” rating to an “outperform” rating in a research note issued on Friday.

Several other equities research analysts have also recently weighed in on the company. Oppenheimer upped their price target on Vantiv from $70.00 to $77.00 and gave the company an “outperform” rating in a research report on Wednesday, August 16th. Instinet reiterated a “buy” rating and set a $85.00 price target (up from $75.00) on shares of Vantiv in a research report on Monday, August 14th. Stifel Nicolaus upgraded 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 research report on Thursday, August 10th. Royal Bank Of Canada reiterated a “buy” rating and set a $73.00 price target on shares of Vantiv in a research report on Wednesday, August 9th. Finally, Craig Hallum set a $80.00 price target on Vantiv and gave the company a “buy” rating in a research report on Thursday, August 10th. Eleven analysts have rated the stock with a hold rating and nineteen have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $75.96.

Shares of Vantiv (NYSE VNTV) traded up $0.13 during trading on Friday, reaching $75.13. The company had a trading volume of 3,582,454 shares, compared to its average volume of 1,972,185. Vantiv has a fifty-two week low of $55.11 and a fifty-two week high of $76.22. The company has a market cap of $13,209.05, a PE ratio of 24.94, a P/E/G ratio of 1.65 and a beta of 0.56. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 7.45.

Vantiv (NYSE:VNTV) last announced its quarterly earnings data on Thursday, October 26th. The business services provider reported $0.90 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.89 by $0.01. Vantiv had a return on equity of 41.19% and a net margin of 6.07%. The business had revenue of $1.03 billion for the quarter, compared to analysts’ expectations of $551.77 million. During the same period in the previous year, the business posted $0.71 EPS. The firm’s quarterly revenue was up 13.1% compared to the same quarter last year. research analysts predict that Vantiv will post 3.16 earnings per share for the current fiscal year.

Institutional investors and hedge funds have recently modified their holdings of the business. Toronto Dominion Bank boosted its stake in Vantiv by 12.3% in the second quarter. Toronto Dominion Bank now owns 1,981 shares of the business services provider’s stock worth $125,000 after buying an additional 217 shares in the last quarter. Tower Research Capital LLC TRC boosted its stake in Vantiv by 404.7% in the second quarter. Tower Research Capital LLC TRC now owns 2,170 shares of the business services provider’s stock worth $137,000 after buying an additional 1,740 shares in the last quarter. Zions Bancorporation purchased a new stake in Vantiv in the third quarter worth approximately $155,000. Highbridge Capital Management LLC boosted its stake in Vantiv by 2,754.0% in the third quarter. Highbridge Capital Management LLC now owns 2,854 shares of the business services provider’s stock worth $201,000 after buying an additional 2,754 shares in the last quarter. Finally, Great Lakes Advisors LLC boosted its stake 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 buying an additional 47 shares in the last quarter.

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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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