Vantiv, Inc. (NYSE:VNTV) saw some unusual options trading activity on Monday. Investors bought 482 put options on the stock. This represents an increase of approximately 677% compared to the average volume of 62 put options.

Large investors have recently modified their holdings of the stock. GAM Holding AG boosted its holdings in Vantiv by 41.6% during the second quarter. GAM Holding AG now owns 20,573 shares of the business services provider’s stock worth $1,303,000 after buying an additional 6,045 shares in the last quarter. Strs Ohio boosted its holdings in Vantiv by 46.6% during the third quarter. Strs Ohio now owns 1,212,560 shares of the business services provider’s stock worth $85,449,000 after buying an additional 385,704 shares in the last quarter. Renaissance Technologies LLC bought a new stake in Vantiv during the second quarter worth approximately $51,274,000. State Board of Administration of Florida Retirement System boosted its holdings in Vantiv by 0.6% during the second 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 buying an additional 1,178 shares in the last quarter. Finally, Cibc World Markets Corp bought a new stake in Vantiv during the second quarter worth approximately $7,589,000.

VNTV has been the topic of several analyst reports. Stifel Nicolaus upgraded shares of Vantiv from a “hold” rating to a “buy” rating and raised their price target for the company from $63.00 to $85.00 in a research note on Thursday, August 10th. Royal Bank Of Canada restated a “buy” rating and issued a $73.00 price target on shares of Vantiv in a research note on Wednesday, August 9th. Zacks Investment Research upgraded shares of Vantiv from a “hold” rating to a “buy” rating and set a $78.00 price target on the stock in a research note on Tuesday, August 15th. Instinet restated a “buy” rating and issued a $85.00 price target (up previously from $75.00) on shares of Vantiv in a research note on Monday, August 14th. Finally, Nomura raised their price target on shares of Vantiv from $75.00 to $85.00 and gave the company a “buy” rating in a research note on Monday, August 14th. Eleven investment analysts have rated the stock with a hold rating and nineteen have given a buy rating to the company’s stock. Vantiv has an average rating of “Buy” and an average target price of $76.54.

Vantiv (NYSE:VNTV) opened at $71.92 on Thursday. Vantiv has a 12 month low of $56.55 and a 12 month high of $76.22. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 7.45. The company has a market cap of $12,775.47, a P/E ratio of 24.12, a P/E/G ratio of 1.60 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 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.89 by $0.01. The firm had revenue of $1.03 billion during the quarter, compared to analysts’ expectations of $551.77 million. Vantiv had a net margin of 6.07% and a return on equity of 41.19%. The firm’s revenue for the quarter was up 13.1% compared to the same quarter last year. During the same period last year, the firm posted $0.71 earnings per share. research analysts expect that Vantiv will post 3.16 EPS for the current fiscal year.

ILLEGAL ACTIVITY NOTICE: “Traders Buy Large Volume of Vantiv Put Options (VNTV)” was first reported by American Banking News and is the property of of American Banking News. If you are reading this piece of content on another domain, it was stolen and reposted in violation of US & international trademark & copyright laws. The correct version of this piece of content can be viewed at https://www.americanbankingnews.com/2017/12/07/traders-buy-large-volume-of-vantiv-put-options-vntv.html.

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.

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