106,963 Shares in Enova International, Inc. $ENVA Bought by Alyeska Investment Group L.P.

Alyeska Investment Group L.P. purchased a new position in shares of Enova International, Inc. (NYSE:ENVA - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 106,963 shares of the credit services provider's stock, valued at approximately $25,749,000. Alyeska Investment Group L.P. owned 0.43% of Enova International at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the stock. Cookson Peirce & Co. Inc. raised its stake in Enova International by 11.5% in the second quarter. Cookson Peirce & Co. Inc. now owns 12,313 shares of the credit services provider's stock valued at $2,964,000 after buying an additional 1,269 shares in the last quarter. Wedbush Securities Inc. purchased a new position in shares of Enova International in the 2nd quarter valued at about $220,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Enova International by 2.8% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 49,020 shares of the credit services provider's stock worth $11,801,000 after acquiring an additional 1,316 shares in the last quarter. Public Employees Retirement System of Ohio purchased a new stake in Enova International during the second quarter worth approximately $116,000. Finally, Globeflex Capital L P purchased a new stake in shares of Enova International during the 2nd quarter worth approximately $885,000. Institutional investors and hedge funds own 89.43% of the company's stock.

Enova International Stock Performance

Shares of NYSE:ENVA opened at $232.75 on Monday. The company has a market cap of $5.80 billion, a P/E ratio of 17.25 and a beta of 1.22. The business's 50-day simple moving average is $241.04 and its 200 day simple moving average is $185.85. Enova International, Inc. has a one year low of $103.02 and a one year high of $267.45. The company has a debt-to-equity ratio of 3.35, a quick ratio of 18.42 and a current ratio of 18.42.

Enova International (NYSE:ENVA - Get Free Report) last announced its earnings results on Thursday, July 23rd. The credit services provider reported $4.31 earnings per share for the quarter, beating the consensus estimate of $3.99 by $0.32. The business had revenue of $928.93 million during the quarter, compared to the consensus estimate of $909.61 million. Enova International had a net margin of 10.31% and a return on equity of 26.66%. The business's quarterly revenue was up 21.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $3.23 earnings per share. On average, sell-side analysts forecast that Enova International, Inc. will post 16.3 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Citigroup reissued a "market outperform" rating on shares of Enova International in a report on Friday, July 24th. Zacks Research raised Enova International from a "hold" rating to a "strong-buy" rating in a report on Wednesday, July 29th. Jefferies Financial Group boosted their price objective on shares of Enova International from $260.00 to $280.00 and gave the stock a "buy" rating in a report on Wednesday, July 8th. Wall Street Zen lowered Enova International from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 22nd. Finally, Weiss Ratings reissued a "buy (b-)" rating on shares of Enova International in a research note on Friday, July 17th. One analyst has rated the stock with a Strong Buy rating and eight have given a Buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus target price of $247.83.

Insider Buying and Selling

In other news, Chairman David Fisher sold 33,060 shares of the stock in a transaction that occurred on Wednesday, June 17th. The stock was sold at an average price of $199.05, for a total transaction of $6,580,593.00. Following the completion of the transaction, the chairman directly owned 306,444 shares in the company, valued at approximately $60,997,678.20. This represents a 9.74% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Mark Tebbe sold 20,000 shares of the stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $201.37, for a total value of $4,027,400.00. Following the transaction, the director owned 50,029 shares of the company's stock, valued at approximately $10,074,339.73. This trade represents a 28.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 75,129 shares of company stock worth $15,753,056. 8.40% of the stock is currently owned by corporate insiders.

Enova International Company Profile

Enova International, Inc NYSE: ENVA is a Chicago-based financial services company specializing in online lending solutions. Since its founding in 2004, Enova has leveraged proprietary data analytics and technology platforms to underwrite and deliver short-term consumer loans, lines of credit and installment loans. Through its flagship consumer brand NetCredit, Enova provides flexible credit options designed to serve a wide range of borrowers, including those with limited or non-traditional credit histories.

In addition to its U.S.

Want to see what other hedge funds are holding ENVA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Enova International, Inc. (NYSE:ENVA - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source