13GD Report: Learn Why Fifth Third Bancorp Just Purchased Vantiv, Inc Stake?

13GD Report: Learn Why Fifth Third Bancorp Just Purchased Vantiv, Inc Stake?

The New Fifth Third Bancorp Holding in Vantiv, Inc

Fifth Third Bancorp filed with the SEC SC 13D/A form for Vantiv, Inc. The form can be accessed here: 000119312516782821. As reported in Fifth Third Bancorp’s form, the filler as of late owns 17.9% or 35,042,826 shares of the Industrials–company.

Vantiv, Inc stake is a new one for the for this institutional investor and it was filed because of activity on November 21, 2016. We feel this shows Fifth Third Bancorp’s positive view for the stock.

Vantiv, Inc Institutional Sentiment

Latest Security and Exchange filings show 287 investors own Vantiv, Inc. The institutional ownership in Q3 2015 is very high, at 80.80% of the outstanding shares. This is decreased by 21750563 the total institutional shares. 126276090 were the shares owned by these institutional investors. In total 51 funds opened new Vantiv, Inc stakes, 116 increased stakes. There were 33 that closed positions and 92 reduced them.

4 managers had the stock in their top Ten. Notable investors are: Navellier & Associates Inc, Train Babcock Advisors Llc, Brc Investment Management Llc, Tiger Eye Capital Llc, Echo Street Capital Management Llc..

Novare Capital Management Llc is an institutional investor bullish on Vantiv, Inc, owning 169090 shares as of Q3 2015 for 2.09% of its portfolio. Ben Gambill Tiger Eye Capital Llc owns 909526 shares or 5.57% of its portfolio. ID Mountain Pacific Investment Advisers Inc have 3.10% of their stock portfolio for 555220 shares. Further, Tealwood Asset Management Inc reported stake worth 1.87% of its US stock portfolio. The MD Calvert Investment Management Inc owns 6565 shares. Vantiv, Inc is 0.01% of the manager’s US portfolio.

Business Profile

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. The Company offers payment processing services that enable its clients to meet their payment processing needs through a single provider, including in omni-channel environments that span point-of-sale, e-commerce and mobile devices. Its value-added services include security solutions and fraud management, information solutions, and interchange management. It also provide critical payment services to financial institutions, such as card issuer processing, payment network processing, fraud protection, card production, prepaid program management, automated teller machine (ATM) driving, and network gateway and switching services.

SEC Form 13D is filed within 10 days, by anyone who acquires beneficial ownership of 5%+ of any public firm. Activist investors and practices such as: company breakups, hostile takeovers, and change of control events, are permitted for this form filers. A filer must promptly update its 13D filing in case of acquisition or disposition of 1% or more of the securities that are the subject of the filing.

Insitutional Activity: The institutional sentiment decreased to 0.88 in Q2 2016. Its down 0.23, from 1.11 in 2016Q1. The ratio dived, as 35 funds sold all Vantiv Inc shares owned while 124 reduced positions. 49 funds bought stakes while 128 increased positions. They now own 147.19 million shares or 0.38% less from 147.75 million shares in 2016Q1.

Public Employees Retirement Association Of Colorado, a Colorado-based fund reported 254,389 shares. Moreover, Plante Moran Financial Advsr Ltd Liability Corporation has 0.05% invested in Vantiv Inc (NYSE:VNTV) for 1,158 shares. Creative Planning has 0.01% invested in the company for 24,714 shares. Bluemar Cap Ltd Liability Co holds 1% of its portfolio in Vantiv Inc (NYSE:VNTV) for 36,500 shares. Pdts Ptnrs last reported 131,600 shares in the company. Bluemountain Management Ltd reported 1,623 shares or 0% of all its holdings. M&T Bancorp Corporation last reported 0.01% of its portfolio in the stock. Daiwa Secs Grp accumulated 16,150 shares or 0.01% of the stock. Turner Invests L P last reported 1.27% of its portfolio in the stock. Fjarde Ap accumulated 0.06% or 49,150 shares. Brown Brothers Harriman Com, a New York-based fund reported 13,230 shares. Renaissance Technology Limited Co accumulated 449,000 shares or 0.05% of the stock. Mutual Of America Limited Liability has 9,698 shares for 0.01% of their US portfolio. Mycio Wealth Partners Ltd Llc holds 65 shares or 0% of its portfolio. Metropolitan Life Ins has 11,656 shares for 0% of their US portfolio.

Insider Transactions: Since July 15, 2016, the stock had 0 insider buys, and 7 selling transactions for $299.92 million net activity. Another trade for 3,800 shares valued at $216,604 was made by Drucker Charles on Thursday, September 29. $684,536 worth of Vantiv Inc (NYSE:VNTV) shares were sold by TAYLOR MATT. $283.38 million worth of shares were sold by FIFTH THIRD BANCORP on Monday, November 21. $117,919 worth of Vantiv Inc (NYSE:VNTV) was sold by Thompson Christopher A on Friday, July 29.

Analysts await Vantiv Inc (NYSE:VNTV) to report earnings on February, 1. They expect $0.69 EPS, up 11.29% or $0.07 from last year’s $0.62 per share. VNTV’s profit will be $132.22 million for 19.97 P/E if the $0.69 EPS becomes a reality. After $0.70 actual EPS reported by Vantiv Inc for the previous quarter, Wall Street now forecasts -1.43% negative EPS growth.

The stock decreased 2.34% or $1.32 during the last trading session, hitting $55.11. Vantiv Inc (NYSE:VNTV) has risen 1.05% since April 29, 2016 and is uptrending. It has underperformed by 5.05% the S&P500.

Vantiv, Inc. is a holding company. The company has a market cap of $10.56 billion. The Firm conducts its activities through its subsidiary, Vantiv Holding, LLC (Vantiv Holding). It has a 50.37 P/E ratio. The Firm is a payment processor, merchant acquirer and personal identification number (PIN) debit acquirer.

Vantiv Inc (NYSE:VNTV) Ratings Coverage

Out of 20 analysts covering Vantiv Inc (NYSE:VNTV), 11 rate it a “Buy”, 0 “Sell”, while 9 “Hold”. This means 55% are positive. $63 is the highest target while $36.0 is the lowest. The $54.94 average target is -0.31% below today’s ($55.11) stock price. Vantiv Inc has been the topic of 33 analyst reports since July 31, 2015 according to StockzIntelligence Inc. The rating was maintained by Barclays Capital with “Overweight” on Thursday, July 30. Goldman Sachs downgraded Vantiv Inc (NYSE:VNTV) rating on Friday, April 1. Goldman Sachs has “Neutral” rating and $57 price target. The rating was upgraded by Susquehanna on Thursday, January 28 to “Positive”. Wood downgraded the stock to “Market Perform” rating in Tuesday, October 6 report. Wedbush initiated Vantiv Inc (NYSE:VNTV) rating on Friday, September 9. Wedbush has “Neutral” rating and $60 price target. Zacks upgraded the shares of VNTV in a report on Wednesday, August 5 to “Sell” rating. The firm earned “Buy” rating on Friday, January 8 by Suntrust Robinson. Susquehanna upgraded Vantiv Inc (NYSE:VNTV) on Tuesday, August 25 to “Negative” rating. The company was maintained on Thursday, October 29 by RBC Capital Markets. Credit Suisse initiated the stock with “Outperform” rating in Friday, December 11 report.

More recent Vantiv Inc (NYSE:VNTV) news were published by: Bizjournals.com which released: “Fifth Third selling Vantiv stock, giving up board seat” on November 22, 2016. Also Prnewswire.com published the news titled: “Millennials Dominate Peak Shopping Days, While Baby Boomers and Retirees Avoid …” on November 21, 2016. Prnewswire.com‘s news article titled: “Vantiv Announces Agreement to Acquire Moneris Solutions USA” with publication date: November 10, 2016 was also an interesting one.

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.”

VNTV Company Profile

Vantiv, Inc. (Vantiv), incorporated on March 25, 2009, is a holding company. The Firm conducts its activities through its subsidiary, Vantiv Holding, LLC (Vantiv Holding). The Firm is a payment processor, merchant acquirer and personal identification number (PIN) debit acquirer. The Firm operates through two divisions: Merchant Services and Financial Institution Services. The Firm provides services to merchants and financial institutions. The Firm offers payment processing services that enable its clients to meet their payment processing needs through a single provider, including in omni-channel environments that span point-of-sale, e-commerce and mobile devices. The Company’s value-added services include security solutions and fraud management, information solutions, and interchange management. It also provides critical payment services to financial institutions, such as card issuer processing, payment network processing, fraud protection, card production, prepaid program management, automated teller machine (ATM) driving, and network gateway and switching services.

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