Vantiv (VNTV) : During the past 4 weeks, traders have been relatively bearish on Vantiv (VNTV), hence the stock is down -8.53% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.29% relative to the S&P 500. The 4-week change in the price of the stock is -7.59% and the stock has fallen -1.23% in the past 1 week.
The stock has recorded a 20-day Moving Average of 4.02% and the 50-Day Moving Average is 1.97%. Vantiv (NYSE:VNTV): On Fridays trading session , Opening price of the stock was $54.36 with an intraday high of $54.515. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $53.97. However, the stock managed to close at $54.44, a loss of 0.37% for the day. On the previous day, the stock had closed at $54.64. The total traded volume of the day was 970,942 shares.
The company Insiders own 1.32% of Vantiv shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -9.25% . Institutional Investors own 82.46% of Vantiv shares. During last six month period, the net percent change held by insiders has seen a change of -27.48%. Also, Equity Analysts at the Brokerage Firm, Nomura, maintains their rating on the shares of Vantiv (NYSE:VNTV). Nomura has a Buy rating on the shares. As per the latest research report, the brokerage house raises the price target to $63 per share from a prior target of $62. The rating by the firm was issued on August 2, 2016.
Vantiv, Inc. (Vantiv) is a holding company that conducts its operations through its majority-owned subsidiary, Vantiv Holding, LLC (Vantiv Holding). The Company operates in two segments: Merchant Services and Financial Institution Services. The Merchant Services segment provides merchant acquiring and payment processing services to national merchants, regional and small-to-mid sized businesses. Merchant Services includes aspects of card processing, including authorization and settlement, customer service, chargeback and retrieval processing and interchange management. The Financial Institution Service segment provides card issuer processing, payment network processing, fraud protection, card production, prepaid program management, automated teller machine (ATM) driving and network gateway and switching services. It also offers processing for accounts, such as business cards, home equity lines of credit and health savings accounts.