Vantiv (VNTV) Receives Hold Rating from Mizuho
Vantiv (NYSE:VNTV)‘s stock had its “hold” rating restated by equities researchers at Mizuho in a note issued to investors on Thursday. They currently have a $80.00 target price on the business services provider’s stock. Mizuho’s target price suggests a potential upside of 3.63% from the stock’s current price.
A number of other analysts also recently weighed in on the stock. Royal Bank of Canada reissued a “buy” rating and set a $78.00 target price on shares of Vantiv in a research report on Friday, October 13th. Cantor Fitzgerald reissued a “buy” rating and set a $74.00 target price on shares of Vantiv in a research report on Thursday, October 26th. BidaskClub raised shares of Vantiv from a “strong sell” rating to a “sell” rating in a research report on Thursday, October 26th. Bank of America initiated coverage on shares of Vantiv in a research report on Tuesday, September 12th. They set a “neutral” rating for the company. Finally, Zacks Investment Research downgraded shares of Vantiv from a “hold” rating to a “sell” rating in a research report on Wednesday, October 18th. Nine analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $79.30.
Vantiv (VNTV) traded up $2.88 during trading hours on Thursday, reaching $77.20. 5,660,160 shares of the company’s stock were exchanged, compared to its average volume of 2,710,000. The firm has a market cap of $13,730.00, a P/E ratio of 53.61, a PEG ratio of 1.46 and a beta of 0.58. 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 twelve month low of $59.10 and a twelve month high of $77.23.
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Toronto Dominion Bank grew its position in Vantiv by 12.3% in the 2nd quarter. Toronto Dominion Bank now owns 1,981 shares of the business services provider’s stock valued at $125,000 after purchasing an additional 217 shares during the period. Tower Research Capital LLC TRC grew its position in Vantiv by 404.7% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,170 shares of the business services provider’s stock valued at $137,000 after purchasing an additional 1,740 shares during the period. Zions Bancorporation acquired a new stake in Vantiv in the 3rd quarter valued at $155,000. Highbridge Capital Management LLC grew its position in Vantiv by 2,754.0% in the 3rd quarter. Highbridge Capital Management LLC now owns 2,854 shares of the business services provider’s stock valued at $201,000 after purchasing an additional 2,754 shares during the period. Finally, Profund Advisors LLC acquired a new stake in Vantiv in the 2nd quarter valued at $204,000.
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.
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