Equities researchers at Stephens started coverage on shares of Vantiv (NYSE:VNTV) in a report issued on Thursday, The Fly reports. The brokerage set an “overweight” rating on the business services provider’s stock.
Several other equities research analysts also recently weighed in on the stock. Mizuho reaffirmed a “hold” rating and issued a $80.00 price target on shares of Vantiv in a research note on Thursday, January 4th. SunTrust Banks lifted their price target on shares of Vantiv from $69.00 to $77.00 and gave the company a “hold” rating in a research note on Thursday, January 4th. Royal Bank of Canada raised shares of Vantiv from an “outperform” rating to a “top pick” rating in a research report on Thursday, January 4th. Keefe, Bruyette & Woods reissued a “buy” rating and set a $88.00 target price on shares of Vantiv in a research report on Friday, December 22nd. Finally, Stifel Nicolaus reissued a “buy” rating and set a $93.00 target price on shares of Vantiv in a research report on Friday, December 15th. Eight equities research analysts have rated the stock with a hold rating, twenty-two have issued a buy rating and one has given a strong buy rating to the company. Vantiv currently has an average rating of “Buy” and an average target price of $79.69.
Shares of Vantiv (VNTV) traded down $0.05 during midday trading on Thursday, reaching $75.66. 4,960,700 shares of the company were exchanged, compared to its average volume of 3,060,000. Vantiv has a fifty-two week low of $59.10 and a fifty-two week high of $78.25. The company has a market capitalization of $13,450.00, a P/E ratio of 52.54, a PEG ratio of 1.53 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.
Institutional investors have recently added to or reduced their stakes in the stock. 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 valued at $125,000 after acquiring an additional 217 shares during 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 valued at $137,000 after acquiring an additional 1,740 shares during the last quarter. Zions Bancorporation purchased a new position in Vantiv in the third quarter valued at about $155,000. Highbridge Capital Management LLC lifted its stake in shares of Vantiv by 2,754.0% during the 3rd quarter. Highbridge Capital Management LLC now owns 2,854 shares of the business services provider’s stock valued at $201,000 after buying an additional 2,754 shares in the last quarter. Finally, Profund Advisors LLC purchased a new stake in shares of Vantiv during the 2nd quarter valued at approximately $204,000.
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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.
