Stephens \u0026 Co. Initiates Coverage on Vantiv (NYSE:VNTV). What May be Next?

January 13, 2018 - By Henry Gaston

 Stephens \u0026 Co. Initiates Coverage on Vantiv (NYSE:VNTV). What May be Next?

Investors sentiment decreased to 1.19 in Q3 2017. Its down 0.03, from 1.22 in 2017Q2. It turned negative, as 29 investors sold Vantiv, Inc. shares while 132 reduced holdings. 70 funds opened positions while 121 raised stakes. 182.48 million shares or 21.03% more from 150.77 million shares in 2017Q2 were reported.

Bokf Na holds 0.01% of its portfolio in Vantiv, Inc. (NYSE:VNTV) for 7,123 shares. Ptnrs Ltd holds 0.26% of its portfolio in Vantiv, Inc. (NYSE:VNTV) for 111,600 shares. 342,407 were reported by Credit Agricole S A. First Republic Management holds 0% of its portfolio in Vantiv, Inc. (NYSE:VNTV) for 3,935 shares. Metropolitan Life Insurance holds 12,114 shares. Mutual Of America Capital Ltd Liability Corporation holds 0.01% or 7,311 shares in its portfolio. King Luther Cap reported 6,567 shares stake. Barclays Pcl holds 0% or 18,038 shares in its portfolio. Assetmark reported 6 shares stake. Peak6 Invests L P, a Illinois-based fund reported 14,280 shares. Hsbc Public Lc reported 30,727 shares. Pub Employees Retirement Association Of Colorado owns 31,756 shares for 0.02% of their portfolio. Strs Ohio has invested 0.37% of its portfolio in Vantiv, Inc. (NYSE:VNTV). Geode Capital Limited Liability Com reported 1.21 million shares. Wells Fargo Com Mn reported 909,000 shares.

Why Has Stephens \u0026 Co. Given Vantiv (NYSE:VNTV) a $89 Price Target

Stephens \u0026 Co. analyst has started coverage with a “Overweight” rating on Vantiv (NYSE:VNTV) today and set a price target of $89. The company’s shares opened today at 0.

Investors sentiment decreased to 1.19 in Q3 2017. Its down 0.03, from 1.22 in 2017Q2. It turned negative, as 29 investors sold Vantiv, Inc. shares while 132 reduced holdings. 70 funds opened positions while 121 raised stakes. 182.48 million shares or 21.03% more from 150.77 million shares in 2017Q2 were reported.

Bokf Na holds 0.01% of its portfolio in Vantiv, Inc. (NYSE:VNTV) for 7,123 shares. Ptnrs Ltd holds 0.26% of its portfolio in Vantiv, Inc. (NYSE:VNTV) for 111,600 shares. 342,407 were reported by Credit Agricole S A. First Republic Management holds 0% of its portfolio in Vantiv, Inc. (NYSE:VNTV) for 3,935 shares. Metropolitan Life Insurance holds 12,114 shares. Mutual Of America Capital Ltd Liability Corporation holds 0.01% or 7,311 shares in its portfolio. King Luther Cap reported 6,567 shares stake. Barclays Pcl holds 0% or 18,038 shares in its portfolio. Assetmark reported 6 shares stake. Peak6 Invests L P, a Illinois-based fund reported 14,280 shares. Hsbc Public Lc reported 30,727 shares. Pub Employees Retirement Association Of Colorado owns 31,756 shares for 0.02% of their portfolio. Strs Ohio has invested 0.37% of its portfolio in Vantiv, Inc. (NYSE:VNTV). Geode Capital Limited Liability Com reported 1.21 million shares. Wells Fargo Com Mn reported 909,000 shares.

Vantiv, Inc. (NYSE:VNTV) Ratings Coverage

Among 38 analysts covering Vantiv Inc (NYSE:VNTV), 26 have Buy rating, 0 Sell and 12 Hold. Therefore 68% are positive. Vantiv Inc has $93.0 highest and $36.0 lowest target. $71.57’s average target is -7.77% below currents $77.6 stock price. Vantiv Inc had 98 analyst reports since July 31, 2015 according to SRatingsIntel. Robert W. Baird maintained the shares of VNTV in report on Tuesday, June 20 with “Outperform” rating. Oppenheimer maintained Vantiv, Inc. (NYSE:VNTV) on Thursday, July 30 with “Outperform” rating. As per Thursday, January 4, the company rating was upgraded by RBC Capital Markets. As per Wednesday, August 9, the company rating was maintained by Piper Jaffray. On Wednesday, October 11 the stock rating was maintained by Cowen & Co with “Buy”. Keefe Bruyette & Woods maintained the stock with “Buy” rating in Thursday, December 21 report. The firm earned “Overweight” rating on Friday, January 27 by Cantor Fitzgerald. The rating was downgraded by Zacks on Tuesday, September 8 to “Hold”. RBC Capital Markets maintained Vantiv, Inc. (NYSE:VNTV) rating on Wednesday, August 9. RBC Capital Markets has “Buy” rating and $7800 target. The company was upgraded on Friday, December 1 by Wedbush.

The stock increased 2.56% or $1.94 during the last trading session, reaching $77.6. About 12.16 million shares traded or 303.35% up from the average. Vantiv, Inc. (NYSE:VNTV) has risen 14.83% since January 13, 2017 and is uptrending. It has underperformed by 1.87% the S&P500.

Analysts await Vantiv, Inc. (NYSE:VNTV) to report earnings on February, 7. They expect $0.90 earnings per share, up 30.43 % or $0.21 from last year’s $0.69 per share. VNTV’s profit will be $160.02M for 21.56 P/E if the $0.90 EPS becomes a reality. After $0.87 actual earnings per share reported by Vantiv, Inc. for the previous quarter, Wall Street now forecasts 3.45 % EPS growth.

Vantiv, Inc., through its subsidiary, Vantiv Holding, LLC, provides electronic payment processing services to merchants and financial institutions in the United States. The company has market cap of $13.80 billion. It operates in two divisions, Merchant Services and Financial Institution Services. It has a 62.23 P/E ratio. The Merchant Services segment offers merchant acquiring and payment processing services, such as authorization and settlement, customer service, chargeback and retrieval processing, and interchange management to merchants, and regional and small-to-mid sized businesses.

More recent Vantiv, Inc. (NYSE:VNTV) news were published by: Businesswire.com which released: “FORM 8.5 (EPT/NON-RI) – VANTIV, INC” on January 12, 2018. Also Benzinga.com published the news titled: “Jefferies: M&A, Tax Reform Drive Vantiv Upside” on December 14, 2017. Streetinsider.com‘s news article titled: “Vantiv (VNTV) Stockholders Approve Merger Transaction to Acquire Worldpay” with publication date: January 08, 2018 was also an interesting one.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.