Enova International, Inc. $ENVA Shares Sold by Baird Financial Group Inc.

Baird Financial Group Inc. lowered its holdings in Enova International, Inc. (NYSE:ENVA - Free Report) by 98.7% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,849 shares of the credit services provider's stock after selling 139,722 shares during the quarter. Baird Financial Group Inc.'s holdings in Enova International were worth $445,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of ENVA. California State Teachers Retirement System increased its position in shares of Enova International by 26.7% during the 1st quarter. California State Teachers Retirement System now owns 29,411 shares of the credit services provider's stock worth $3,995,000 after purchasing an additional 6,205 shares during the last quarter. J.Safra Asset Management Corp acquired a new position in Enova International in the second quarter valued at about $1,464,000. Tieton Capital Management LLC acquired a new position in Enova International in the second quarter valued at about $26,577,000. Geode Capital Management LLC boosted its stake in Enova International by 3.1% during the fourth quarter. Geode Capital Management LLC now owns 611,208 shares of the credit services provider's stock worth $96,095,000 after buying an additional 18,258 shares during the period. Finally, TD Waterhouse Canada Inc. boosted its stake in Enova International by 23.2% during the second quarter. TD Waterhouse Canada Inc. now owns 40,478 shares of the credit services provider's stock worth $9,803,000 after buying an additional 7,630 shares during the period. Institutional investors and hedge funds own 89.43% of the company's stock.

Enova International Trading Down 1.7%

Shares of NYSE:ENVA opened at $171.76 on Tuesday. Enova International, Inc. has a 52 week low of $103.02 and a 52 week high of $267.45. The company's 50 day moving average is $234.85 and its two-hundred day moving average is $193.12. The company has a market cap of $4.28 billion, a PE ratio of 12.73 and a beta of 1.21. The company has a current ratio of 18.42, a quick ratio of 18.42 and a debt-to-equity ratio of 3.35.

Enova International (NYSE:ENVA - Get Free Report) last posted its earnings results on Thursday, July 23rd. The credit services provider reported $4.31 EPS for the quarter, beating the consensus estimate of $3.99 by $0.32. The firm had revenue of $928.93 million for the quarter, compared to analyst estimates of $909.61 million. Enova International had a return on equity of 26.66% and a net margin of 10.31%.Enova International's revenue for the quarter was up 21.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $3.23 earnings per share. Equities analysts predict that Enova International, Inc. will post 16.33 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the stock. TD Cowen dropped their price target on shares of Enova International from $257.00 to $220.00 and set a "buy" rating for the company in a research report on Tuesday, September 15th. Citigroup restated a "market outperform" rating on shares of Enova International in a report on Tuesday, September 15th. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of Enova International in a research report on Friday, July 17th. Stephens dropped their target price on shares of Enova International from $275.00 to $205.00 and set an "overweight" rating for the company in a report on Thursday. Finally, Wall Street Zen lowered Enova International from a "strong-buy" rating to a "buy" rating in a research report on Saturday, August 22nd. Eight analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $231.67.

Insider Transactions at Enova International

In other Enova International news, Chairman David Fisher sold 20,750 shares of the stock in a transaction that occurred on Thursday, September 17th. The shares were sold at an average price of $178.24, for a total value of $3,698,480.00. Following the transaction, the chairman directly owned 306,444 shares in the company, valued at $54,620,578.56. This represents a 6.34% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders sold 39,319 shares of company stock valued at $8,185,473 over the last three months. Corporate insiders own 8.40% of the company's stock.

About Enova International

Enova International, Inc is a financial technology company that provides online financial services to consumers and small businesses. The company uses technology, data analytics and automated decision-making to offer credit products designed for customers who may have limited access to traditional bank financing.

Enova's consumer finance brands include CashNetUSA and NetCredit, which offer products such as short-term and installment loans, lines of credit and other forms of personal credit, subject to applicable laws and eligibility requirements.

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