IsVantiv (NYSE:VNTV) An Attractive Buy? Credit Suisse Initiates Coverage


How Credit Suisse Currently Rates Vantiv (NYSE:VNTV)

Credit Suisse have begun coverage on Vantiv (NYSE:VNTV) shares recently in a recent research report disseminated on 11 December. The investment house has decided to place a “Outperform” rating on VNTV stock.

From a total of 21 analysts covering Vantiv Inc (NYSE:VNTV) stock, 17 rate it a ”Buy”, 1 a “Sell”, and 7 a ”Hold”. This means that 68% of the ratings are positive. The highest target price is $60 while the lowest target price is $43. The mean of all analyst targets is $55.1 with a 3.33% above today’s ($51.91) stock price. Vantiv Inc was the topic of 19 analyst reports since July 31, 2015 according to the firm StockzIntelligence Inc. Oppenheimer maintained shares on October 29 with “Outperform” rating. JP Morgan maintained shares with “Overweight” rating and $53 target share price in a report from an August 14. Topeka Capital Markets downgraded VNTV stock in a recent report from October 29 to “Hold” rating. Zacks upgraded the rating on August 5. Zacks has a “Sell” rating and a $49 price target on shares. Finally, Zacks downgraded the stock to “Hold” rating in a report issued on a September 8.

Approximately 335,959 shares of stock traded hands. Vantiv Inc (NYSE:VNTV) has risen 28.41% since May 8, 2015 and is uptrending. It has outperformed by 31.43% the S&P500.

The overall sentiment of institutions has decreased to 1.34 in Q2 2015. Its down 0.27, from 1.61 in 2015Q2. The ratio dived, as 33 institutions have sold all the shares of Vantiv Inc that they owned while 92 funds have taken shares off the table. 51 funds have purchased shares for the first time while 116 added to their positions. These institutions now hold 126.28 million shares or 14.69% less than the 148.03 million shares they owned in 2015Q2.

The Fund Tiger Eye Capital Llc currently is holding shares equating to 5.57% of its total portfolio in Vantiv Inc representing a total of 909,526 shares. Another fund,Mountain Pacific Investment Advisers Inc Id, is holding a total of 555,220 shares equating to 3.1% of their holdings. Additionally, Community Trust & Investment Co has a 389,596 share stake in Vantiv Inc which represents 2.36% of their total portfolio. The Fund, Novare Capital Management Llc, based out of North Carolina, has also built up a stake in the stock, which represents a total of 2.09% of their total portfolio. Finally Train Babcock Advisors Llc, a fund which is based in the state of New York reported a total holdings of 128,290 shares.

Insider activity is a very important aspect to track on any stock. Going back to March 18, 2015, shareholders of Vantiv Inc have witnessed 0 buys, and a total of 26 sales equating to a net activity of approximately $3.37 million . Mielke Daniela sold 974 shares worth approximately $45,826. Stiefler Jeffrey E sold 2,271 shares worth approximately $107,782. Heimbouch Mark L sold 29,000 shares worth approximately $1.36M. Greene Nelson F sold 6,895 shares worth approximately $278,076. The company insider Thompson Christopher A sold 5,000 shares worth $200,000.

Vantiv, Inc. is a holding company that conducts its activities through its majority-owned subsidiary, Vantiv Holding, LLC (Vantiv Holding). The company has a market cap of $9.75 billion. The Firm operates in two divisions: Merchant Services and Financial Institution Services. It has 60.68 P/E ratio. The Merchant Services segment provides merchant acquiring and payment processing services to national merchants, regional and small-to-mid sized businesses.

According to Zacks Investment Research, “Vantiv, Inc. is an integrated payment processor engaged in providing advanced technology solutions for businesses and financial institutions. The Company operates in two segments: Merchant Services and Financial Institution Services. Vantiv offers acquiring and processing transactions, value-added services, merchant services and reporting for electronic payment transactions. It also provides card issuer processing, payment network processing, fraud protection, card production, prepaid program management, automated teller machine driving, network gateway and switching services. Vantiv, Inc. is headquartered in Cincinnati, Ohio.” Get a free copy of the Zacks research report on Vantiv Inc (VNTV).