CX Institutional Sells 12,467 Shares of Enova International, Inc. (NYSE:ENVA)

CX Institutional lessened its position in shares of Enova International, Inc. (NYSE:ENVA - Free Report) by 31.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 26,857 shares of the credit services provider's stock after selling 12,467 shares during the quarter. CX Institutional owned about 0.10% of Enova International worth $2,593,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Financial Management Professionals Inc. acquired a new stake in Enova International in the 1st quarter valued at $28,000. Farther Finance Advisors LLC raised its holdings in Enova International by 672.9% during the fourth quarter. Farther Finance Advisors LLC now owns 371 shares of the credit services provider's stock worth $36,000 after acquiring an additional 323 shares in the last quarter. Versant Capital Management Inc raised its holdings in Enova International by 521.3% during the first quarter. Versant Capital Management Inc now owns 466 shares of the credit services provider's stock worth $45,000 after acquiring an additional 391 shares in the last quarter. Sterling Capital Management LLC boosted its position in Enova International by 823.0% during the fourth quarter. Sterling Capital Management LLC now owns 803 shares of the credit services provider's stock valued at $77,000 after purchasing an additional 716 shares during the last quarter. Finally, GAMMA Investing LLC grew its stake in Enova International by 56.5% in the first quarter. GAMMA Investing LLC now owns 1,729 shares of the credit services provider's stock valued at $167,000 after purchasing an additional 624 shares in the last quarter. 89.43% of the stock is owned by institutional investors.

Enova International Stock Performance

ENVA stock traded down $1.96 during midday trading on Friday, reaching $92.93. 243,252 shares of the company's stock traded hands, compared to its average volume of 231,752. The company has a 50-day moving average price of $93.98 and a two-hundred day moving average price of $99.25. Enova International, Inc. has a 52 week low of $57.80 and a 52 week high of $117.56. The firm has a market capitalization of $2.36 billion, a PE ratio of 12.51 and a beta of 1.45. The company has a debt-to-equity ratio of 2.98, a quick ratio of 15.82 and a current ratio of 9.52.

Enova International (NYSE:ENVA - Get Free Report) last released its earnings results on Tuesday, April 29th. The credit services provider reported $2.98 EPS for the quarter, topping analysts' consensus estimates of $2.77 by $0.21. The firm had revenue of $745.54 million for the quarter, compared to analysts' expectations of $734.14 million. Enova International had a return on equity of 19.94% and a net margin of 7.88%. The company's quarterly revenue was up 22.2% on a year-over-year basis. During the same period in the prior year, the firm posted $1.91 earnings per share. As a group, equities analysts anticipate that Enova International, Inc. will post 10.31 EPS for the current year.

Analyst Upgrades and Downgrades

ENVA has been the topic of several analyst reports. JMP Securities reaffirmed a "market outperform" rating and set a $135.00 price target on shares of Enova International in a research report on Wednesday, April 30th. Seaport Res Ptn upgraded shares of Enova International to a "strong-buy" rating in a research note on Wednesday, May 14th. Finally, TD Cowen raised Enova International from a "hold" rating to a "buy" rating and set a $17.00 price target on the stock in a research report on Tuesday, April 1st. One investment analyst has rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, Enova International has an average rating of "Buy" and an average target price of $111.00.

Insider Buying and Selling at Enova International

In other news, CEO David Fisher sold 5,000 shares of the stock in a transaction dated Tuesday, March 25th. The shares were sold at an average price of $101.75, for a total transaction of $508,750.00. Following the completion of the sale, the chief executive officer now owns 348,223 shares in the company, valued at approximately $35,431,690.25. This represents a 1.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, General Counsel Sean Rahilly sold 9,046 shares of the company's stock in a transaction on Monday, May 5th. The shares were sold at an average price of $95.05, for a total value of $859,822.30. Following the completion of the transaction, the general counsel now owns 103,842 shares of the company's stock, valued at $9,870,182.10. The trade was a 8.01% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 16,046 shares of company stock worth $1,565,872 over the last three months. Corporate insiders own 8.40% of the company's stock.

Enova International Profile

Enova International, Inc, a technology and analytics company, provides online financial services in the United States, Brazil, and internationally. The company provides installment loans; line of credit accounts; CSO programs, including arranging loans with independent third-party lenders and assisting in the preparation of loan applications and loan documents; and bank programs, such as marketing services and loan servicing for near-prime unsecured consumer installment loan.