Economy

Vantiv, Inc. Class A (NYSE:VNTV) Experiences Heavier than Usual Trading Volume

Vantiv, Inc. Class A (NYSE:VNTV) Experiences Heavier than Usual Trading Volumeā€

It improved, as 31 investors sold Vantiv Inc shares while 131 reduced holdings. The stock has a market capitalization of $11.69 billion, a price-to-earnings ratio of 61.26 and a beta of 0.59. NN Investment Partners Holdings N.V. added additional shares of Vantiv by 0.9% in the 2nd period. Tocqueville Asset Management L.P. boosted its stake in shares of Vantiv by 18.4% 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 in the last quarter. WINTON GROUP Ltd now owns 4,947 shares of the business services provider's stock valued at $313,000 after purchasing an additional 1,345 shares during the last quarter. Finally, South Texas Money Management Ltd. boosted its stake in shares of Vantiv by 0.4% in the second quarter. Investec Asset Management North America, Inc. owns 181,031 shares worth $11,467,000. Vantiv Inc had 66 analyst reports since July 31, 2015 according to SRatingsIntel. Pictet Asset Management Limited has invested 0.18% in Vantiv Inc (NYSE:VNTV).

Large investors have recently bought and sold shares of the company.

Shares of Vantiv, Inc. Schwab Charles Investment Mngmt Inc has invested 0.03% of its portfolio in Vantiv Inc (NYSE:VNTV). Volume was up 96.34% over the stocks average daily volume. The company has a 50 day moving average of $68.82 and a 200-day moving average of $64.64. Vantiv has a one year low of $52.85 and a one year high of $72.91.

Vantiv Inc has a 52 week low of $52.50 and a 52 week high of $72.82 with a P/E ratio of 61.26 The company's market cap is now $0.

Vantiv (NYSE:VNTV) last posted its quarterly earnings results on Wednesday, February 1st. The business services provider reported $0.83 EPS for the quarter, topping analysts' consensus estimates of $0.82 by $0.01. Vantiv had a net margin of 5.96% and a return on equity of 34.93%.

21 analysts on average are expecting the company to report revenue of $551.3 Million for the current quarter. During the same quarter in the previous year, the firm earned $0.70 earnings per share. VNTV generated revenue of $508.68 Million in the same quarter, one year ago. In the latest earnings report the EPS was $1.18 and is projected to be $3.35 for the current year with 161,266,000 shares now outstanding. The sales growth rate helps investors determine how strong the overall growth-orientation is for a stock or portfolio.

Vantiv, Inc. was covered by a number of analysts recently, 9 rated the stock as Buy, 7 rated Hold, 0 rated sell and 0 gave an Underperform. RBC Capital Markets has "Outperform" rating and $58 target. They issued a "market perform" rating and a $69.00 price objective for the company. As per Monday, December 7, the company rating was downgraded by Credit Agricole. Finally, Cantor Fitzgerald began coverage on Vantiv in a report on Thursday, January 26th.

August 11 investment analysts at Citigroup left the stock rating at "Buy" and raised the price expectation from $46.50 to $74.00. Vantiv now has an average rating of "Buy" and a consensus price target of $74.54. 11,622 shares were sold by TAYLOR MATT, worth $733,857. The total value of its holdings increased 7.2%. Following the transaction, the insider now directly owns 49,786 shares of the company's stock, valued at approximately $2,932,395.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In the past three months the stock value plunged -4.08%. The shares were sold at an average price of $59.02, for a total transaction of $283,380,516.64. The disclosure for this sale can be found here. Lastly, Piper Jaffray Companies restated a "hold" recommendation and given a $77.00 target price on the stock of Vantiv in a study note published on early Thur, Aug 24th. The Company conducts its operations through its subsidiary, Vantiv Holding, LLC. This payment is usually a part of the profit of the company. The Firm provides commercial real estate financial services and products primarily to developers and owners of multifamily properties.

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