Vantiv Inc Got Some Good News

By Ryan Adsit

In a report released today, Steven Kwok from KBW upgraded Vantiv Inc (NYSE: VNTV) to Buy. The company’s shares closed yesterday at $59.88.

According to, Kwok is a 4-star analyst with an average return of 16.4% and a 100.0% success rate. Kwok covers the Financial sector, focusing on stocks such as Triton International Ltd, Textainer Group Holdings, and Santander Consumer USA.

Currently, the analyst consensus on Vantiv Inc is Moderate Buy and the average price target is $71.11, representing a 18.8% upside.

In a report issued on June 16, Robert W. Baird also maintained a Buy rating on the stock with a $72 price target.

The company has a one year high of $66.24 and a one year low of $50.98. Currently, Vantiv Inc has an average volume of 1.37M.

Based on the recent corporate insider activity of 50 insiders, corporate insider sentiment is negative on the stock. Earlier this month, Matt Taylor, the President of VNTV sold 11,622 shares for a total of $733,754.

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Vantiv, Inc. is a payment processor company. The company offers a suite of payment processing services that enables its clients to meet their payment processing needs through a single provider, including in omni-channel environments that span point of sale, ecommerce and mobile devices. It operates through two segments: Merchant Services and Financial Institution Services. The Merchant Services segment provides merchant acquiring and payment processing services to large national merchants, regional and small-to-mid sized businesses through both direct and indirect distribution channels. Its services include all aspects of card processing including authorization and settlement, customer service, chargeback and retrieval processing and interchange management. The Financial Institution Services segment provides card issuer processing, payment network processing, fraud protection, card production, prepaid program management, automated teller machine driving and network gateway and switching services that utilize the company’s proprietary Jeanie debit payment network to a set of financial institutions, including regional banks, community banks, credit unions and regional personal identification number networks. Vantiv was founded in 1971 and is headquartered in Cincinnati, OH.