Vantiv Inc. (NYSE:VNTV) CEO Charles Drucker sold 4,635 shares of Vantiv stock in a transaction that occurred on Monday, October 10th. The shares were sold at an average price of $57.03, for a total transaction of $264,334.05. Following the completion of the transaction, the chief executive officer now owns 507,797 shares of the company’s stock, valued at approximately $28,959,662.91. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Charles Drucker also recently made the following trade(s):
- On Thursday, October 6th, Charles Drucker sold 42,683 shares of Vantiv stock. The shares were sold at an average price of $57.06, for a total transaction of $2,435,491.98.
- On Thursday, September 29th, Charles Drucker sold 3,800 shares of Vantiv stock. The shares were sold at an average price of $57.00, for a total transaction of $216,600.00.
Vantiv Inc. (NYSE:VNTV) opened at 56.23 on Thursday. Vantiv Inc. has a 12 month low of $42.01 and a 12 month high of $59.62. The firm’s 50-day moving average is $54.79 and its 200-day moving average is $54.86. The stock has a market cap of $8.75 billion, a P/E ratio of 46.66 and a beta of 0.59.
Vantiv (NYSE:VNTV) last released its quarterly earnings data on Thursday, July 28th. The company reported $0.70 EPS for the quarter, topping analysts’ consensus estimates of $0.68 by $0.02. The firm earned $891 million during the quarter, compared to the consensus estimate of $465.66 million. Vantiv had a net margin of 5.67% and a return on equity of 36.56%. The firm’s revenue was up 13.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.56 earnings per share. On average, equities analysts forecast that Vantiv Inc. will post $2.66 earnings per share for the current fiscal year.
Several research analysts have commented on the stock. Piper Jaffray Cos. reiterated a “hold” rating on shares of Vantiv in a report on Thursday, June 23rd. Zacks Investment Research cut shares of Vantiv from a “buy” rating to a “hold” rating in a report on Thursday, June 30th. Barclays PLC reiterated a “buy” rating on shares of Vantiv in a report on Saturday, July 9th. Pacific Crest reiterated an “overweight” rating and set a $62.00 price target on shares of Vantiv in a report on Monday, July 11th. Finally, Knight Equity reiterated a “buy” rating on shares of Vantiv in a report on Sunday, July 24th. Ten investment analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company’s stock. Vantiv presently has a consensus rating of “Buy” and an average price target of $56.93.
Institutional investors have recently added to or reduced their stakes in the company. Aperio Group LLC increased its position in Vantiv by 47.7% in the first quarter. Aperio Group LLC now owns 14,746 shares of the company’s stock worth $795,000 after buying an additional 4,762 shares in the last quarter. Teachers Advisors Inc. boosted its stake in Vantiv by 6.2% in the first quarter. Teachers Advisors Inc. now owns 533,829 shares of the company’s stock worth $28,763,000 after buying an additional 31,249 shares during the last quarter. Prudential Financial Inc. boosted its stake in Vantiv by 1.2% in the first quarter. Prudential Financial Inc. now owns 54,850 shares of the company’s stock worth $2,955,000 after buying an additional 630 shares during the last quarter. Franklin Resources Inc. boosted its stake in Vantiv by 9.3% in the first quarter. Franklin Resources Inc. now owns 1,083,380 shares of the company’s stock worth $58,373,000 after buying an additional 92,300 shares during the last quarter. Finally, BlackRock Inc. boosted its stake in Vantiv by 17.6% in the first quarter. BlackRock Inc. now owns 152,281 shares of the company’s stock worth $8,205,000 after buying an additional 22,782 shares during the last quarter. 80.57% of the stock is owned by hedge funds and other institutional investors.
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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