Magnetar Financial LLC Acquires New Stake in Vantiv, Inc. (VNTV)

Magnetar Financial LLC acquired a new position in Vantiv, Inc. (NYSE:VNTV) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 59,764 shares of the business services provider’s stock, valued at approximately $4,212,000.

Several other hedge funds have also made changes to their positions in VNTV. Toronto Dominion Bank increased its holdings in shares of 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 purchasing an additional 217 shares during the last quarter. Tower Research Capital LLC TRC grew its stake in shares of 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 in the last quarter. Great Lakes Advisors LLC grew its stake in shares of Vantiv by 1.5% in the second quarter. Great Lakes Advisors LLC now owns 3,218 shares of the business services provider’s stock valued at $204,000 after acquiring an additional 47 shares in the last quarter. Profund Advisors LLC acquired a new position in shares of Vantiv in the second quarter valued at about $204,000. Finally, Beacon Investment Advisory Services Inc. acquired a new position in shares of Vantiv in the second quarter valued at about $204,000.

Several research firms recently weighed in on VNTV. Deutsche Bank reaffirmed a “buy” rating and set a $72.00 price objective (up previously from $67.00) on shares of Vantiv in a research report on Thursday, August 10th. Piper Jaffray Companies reaffirmed a “hold” rating and set a $77.00 price objective on shares of Vantiv in a research report on Thursday, August 24th. BidaskClub cut shares of Vantiv from a “hold” rating to a “sell” rating in a research report on Thursday, September 28th. Zacks Investment Research cut shares of Vantiv from a “hold” rating to a “sell” rating in a research report on Wednesday, October 18th. Finally, Stifel Nicolaus raised shares of Vantiv from a “hold” rating to a “buy” rating and upped their price objective for the stock from $63.00 to $85.00 in a research report on Thursday, August 10th. Eleven research analysts have rated the stock with a hold rating and nineteen have given a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $77.12.

Shares of Vantiv, Inc. (NYSE VNTV) traded down $0.21 during trading hours on Thursday, reaching $71.92. The company’s stock had a trading volume of 1,861,200 shares, compared to its average volume of 1,987,663. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 7.45. Vantiv, Inc. has a fifty-two week low of $56.55 and a fifty-two week high of $76.22. The company has a market cap of $12,821.68, a PE ratio of 24.20, a PEG ratio of 1.60 and a beta of 0.58.

Vantiv (NYSE:VNTV) last released its earnings results on Thursday, October 26th. The business services provider reported $0.90 EPS for the quarter, topping the Zacks’ consensus estimate of $0.89 by $0.01. The company had revenue of $1.03 billion for the quarter, compared to analysts’ expectations of $551.77 million. Vantiv had a return on equity of 41.19% and a net margin of 6.07%. The business’s revenue for the quarter was up 13.1% compared to the same quarter last year. During the same period in the previous year, the business posted $0.71 EPS. equities research analysts forecast that Vantiv, Inc. will post 3.16 earnings per share for the current year.

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Vantiv 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.

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Institutional Ownership by Quarter for Vantiv (NYSE:VNTV)

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