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First Quadrant L P CA Has $384,000 Position in Vantiv, Inc. (VNTV)

Vantiv logoFirst Quadrant L P CA held its stake in Vantiv, Inc. (NYSE:VNTV) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,058 shares of the business services provider’s stock at the end of the second quarter. First Quadrant L P CA’s holdings in Vantiv were worth $384,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in VNTV. Vanguard Group Inc. raised its stake in shares of Vantiv by 4.7% in the first quarter. Vanguard Group Inc. now owns 12,827,557 shares of the business services provider’s stock worth $822,504,000 after buying an additional 570,194 shares in the last quarter. BlackRock Inc. raised its stake in shares of Vantiv by 3,456.0% in the first quarter. BlackRock Inc. now owns 10,553,819 shares of the business services provider’s stock worth $676,710,000 after buying an additional 10,257,026 shares in the last quarter. William Blair Investment Management LLC raised its stake in shares of Vantiv by 3.1% in the first quarter. William Blair Investment Management LLC now owns 5,769,789 shares of the business services provider’s stock worth $369,959,000 after buying an additional 171,224 shares in the last quarter. State Street Corp raised its stake in shares of Vantiv by 0.8% in the first quarter. State Street Corp now owns 2,927,932 shares of the business services provider’s stock worth $187,736,000 after buying an additional 24,429 shares in the last quarter. Finally, Morgan Stanley raised its stake in shares of Vantiv by 11.9% in the first quarter. Morgan Stanley now owns 1,544,499 shares of the business services provider’s stock worth $99,032,000 after buying an additional 163,879 shares in the last quarter. Institutional investors and hedge funds own 84.49% of the company’s stock.

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Vantiv, Inc. (NYSE:VNTV) traded up 3.28% during trading on Thursday, hitting $69.30. 12,016,960 shares of the stock traded hands. The stock has a 50 day moving average price of $63.34 and a 200-day moving average price of $63.40. The stock has a market cap of $11.15 billion, a P/E ratio of 56.30 and a beta of 0.61. Vantiv, Inc. has a 52-week low of $52.50 and a 52-week high of $70.15.

Vantiv (NYSE:VNTV) last issued its quarterly earnings data on Wednesday, August 9th. The business services provider reported $0.83 EPS for the quarter, topping analysts’ consensus estimates of $0.82 by $0.01. The business had revenue of $530 million for the quarter, compared to analysts’ expectations of $525.12 million. Vantiv had a net margin of 5.49% and a return on equity of 34.17%. The business’s revenue was up 10.3% on a year-over-year basis. During the same quarter last year, the company earned $0.70 EPS. On average, analysts anticipate that Vantiv, Inc. will post $3.30 EPS for the current fiscal year.

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VNTV has been the subject of a number of research analyst reports. Atlantic Securities initiated coverage on shares of Vantiv in a research note on Wednesday, April 12th. They issued an “overweight” rating and a $74.00 price target for the company. Stifel Nicolaus reduced their price target on shares of Vantiv from $66.00 to $64.00 and set a “hold” rating for the company in a research note on Thursday, July 6th. Keefe, Bruyette & Woods raised shares of Vantiv from a “market perform” rating to an “outperform” rating and set a $69.00 price objective on the stock in a report on Thursday, June 22nd. BidaskClub downgraded shares of Vantiv from a “buy” rating to a “hold” rating in a report on Tuesday, August 1st. Finally, Guggenheim raised shares of Vantiv from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $66.00 to $73.00 in a report on Monday, July 17th. Nine equities research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $69.32.

In other news, insider Matt Taylor sold 11,622 shares of the stock in a transaction that occurred on Friday, June 9th. The stock was sold at an average price of $63.14, for a total transaction of $733,813.08. Following the transaction, the insider now owns 64,269 shares in the company, valued at approximately $4,057,944.66. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 1.27% of the stock is owned by company insiders.

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.

Institutional Ownership by Quarter for Vantiv (NYSE:VNTV)

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