Nicholas Co. Inc. WI decreased its position in Vantiv, Inc. (NYSE:VNTV) by 0.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 265,720 shares of the company’s stock after selling 765 shares during the period. Nicholas Co. Inc. WI owned approximately 0.17% of Vantiv worth $15,842,000 at the end of the most recent quarter.
Several other institutional investors have also bought and sold shares of the company. South Texas Money Management Ltd. increased its position in Vantiv by 0.4% in the third quarter. South Texas Money Management Ltd. now owns 513,488 shares of the company’s stock worth $28,894,000 after buying an additional 2,147 shares in the last quarter. Sumitomo Mitsui Trust Holdings Inc. increased its position in Vantiv by 3.3% in the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 465,991 shares of the company’s stock worth $26,375,000 after buying an additional 14,880 shares in the last quarter. Sei Investments Co. increased its position in Vantiv by 3.3% in the third quarter. Sei Investments Co. now owns 220,749 shares of the company’s stock worth $12,422,000 after buying an additional 7,124 shares in the last quarter. BNP Paribas Arbitrage SA increased its position in Vantiv by 4.1% in the third quarter. BNP Paribas Arbitrage SA now owns 339,867 shares of the company’s stock worth $19,124,000 after buying an additional 13,357 shares in the last quarter. Finally, BlackRock Institutional Trust Company N.A. increased its position in Vantiv by 3.3% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 4,037,545 shares of the company’s stock worth $227,193,000 after buying an additional 128,197 shares in the last quarter. Institutional investors own 81.05% of the company’s stock.
Vantiv, Inc. (NYSE:VNTV) traded up 0.71% during mid-day trading on Tuesday, hitting $64.21. 823,673 shares of the company traded hands. Vantiv, Inc. has a one year low of $49.29 and a one year high of $64.48. The firm has a market capitalization of $10.30 billion, a P/E ratio of 48.64 and a beta of 0.54. The firm has a 50 day moving average of $62.28 and a 200 day moving average of $57.70.
Vantiv (NYSE:VNTV) last announced its quarterly earnings data on Wednesday, February 1st. The company reported $0.75 EPS for the quarter, topping the consensus estimate of $0.72 by $0.03. The business had revenue of $955 million for the quarter, compared to analyst estimates of $852 million. Vantiv had a net margin of 5.96% and a return on equity of 34.93%. The company’s revenue for the quarter was up 10.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.65 earnings per share. Equities research analysts expect that Vantiv, Inc. will post $3.20 earnings per share for the current fiscal year.
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A number of brokerages have recently issued reports on VNTV. BMO Capital Markets began coverage on shares of Vantiv in a report on Thursday, January 5th. They issued a “market perform” rating and a $69.00 target price on the stock. Stifel Nicolaus upped their target price on shares of Vantiv from $55.00 to $63.00 and gave the company a “hold” rating in a report on Monday, January 30th. Guggenheim began coverage on shares of Vantiv in a report on Monday, December 19th. They issued a “neutral” rating on the stock. Cantor Fitzgerald reaffirmed a “buy” rating and issued a $74.00 target price on shares of Vantiv in a report on Wednesday, February 1st. Finally, Jefferies Group LLC cut shares of Vantiv from a “buy” rating to a “hold” rating and set a $69.00 target price on the stock. in a report on Thursday, February 9th. Thirteen equities research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. Vantiv presently has a consensus rating of “Buy” and a consensus price target of $61.42.
In related news, Director Third Bancorp Fifth sold 4,801,432 shares of the company’s stock in a transaction that occurred on Monday, November 21st. The shares were sold at an average price of $59.02, for a total transaction of $283,380,516.64. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Kimberly Martin sold 5,152 shares of the company’s stock in a transaction that occurred on Monday, January 23rd. The stock was sold at an average price of $62.65, for a total transaction of $322,772.80. Following the sale, the insider now directly owns 4,999 shares in the company, valued at approximately $313,187.35. The disclosure for this sale can be found here. In the last three months, insiders sold 4,823,220 shares of company stock worth $284,705,111. Insiders own 1.32% of the company’s stock.
Vantiv, Inc (Vantiv) is a holding company. The Company conducts its operations through its subsidiary, Vantiv Holding, LLC (Vantiv Holding). The Company is a payment processor, merchant acquirer and personal identification number (PIN) debit acquirer. The Company operates through two segments: Merchant Services and Financial Institution Services.
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