Rhumbline Advisers lowered its holdings in shares of Enova International, Inc. (NYSE:ENVA - Free Report) by 4.2% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 72,393 shares of the credit services provider's stock after selling 3,167 shares during the quarter. Rhumbline Advisers owned approximately 0.28% of Enova International worth $6,990,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors have also recently made changes to their positions in the company. Farther Finance Advisors LLC grew its position in shares of 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 purchasing an additional 323 shares in the last quarter. Versant Capital Management Inc grew its holdings in Enova International by 521.3% during the 1st quarter. Versant Capital Management Inc now owns 466 shares of the credit services provider's stock valued at $45,000 after buying an additional 391 shares in the last quarter. Sterling Capital Management LLC grew its holdings in Enova International by 823.0% during the 4th quarter. Sterling Capital Management LLC now owns 803 shares of the credit services provider's stock valued at $77,000 after buying an additional 716 shares in the last quarter. Tieton Capital Management LLC increased its holdings in Enova International by 0.7% in the 4th quarter. Tieton Capital Management LLC now owns 132,760 shares of the credit services provider's stock valued at $12,729,000 after acquiring an additional 900 shares during the last quarter. Finally, MetLife Investment Management LLC increased its holdings in Enova International by 7.8% in the 4th quarter. MetLife Investment Management LLC now owns 15,470 shares of the credit services provider's stock valued at $1,483,000 after acquiring an additional 1,120 shares during the last quarter. Institutional investors own 89.43% of the company's stock.
Wall Street Analyst Weigh In
A number of research analysts have recently weighed in on the company. TD Cowen upgraded Enova International from a "hold" rating to a "buy" rating and set a $17.00 price objective for the company in a research report on Tuesday, April 1st. JMP Securities restated a "market outperform" rating and set a $135.00 price target on shares of Enova International in a report on Wednesday, April 30th. Finally, Seaport Res Ptn raised Enova International to a "strong-buy" rating in a report on Wednesday, May 14th. One analyst has rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, Enova International presently has a consensus rating of "Buy" and an average target price of $111.00.
Get Our Latest Research Report on Enova International
Enova International Trading Down 2.3%
NYSE:ENVA traded down $2.21 during midday trading on Thursday, hitting $94.78. The stock had a trading volume of 260,628 shares, compared to its average volume of 231,605. The stock has a 50-day moving average of $93.83 and a 200 day moving average of $99.33. The company has a market capitalization of $2.40 billion, a price-to-earnings ratio of 12.74 and a beta of 1.45. Enova International, Inc. has a one year low of $57.80 and a one year high of $117.56. The company has a quick ratio of 15.82, a current ratio of 9.52 and a debt-to-equity ratio of 2.98.
Enova International (NYSE:ENVA - Get Free Report) last issued its quarterly earnings data on Tuesday, April 29th. The credit services provider reported $2.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.77 by $0.21. The company had revenue of $745.54 million for the quarter, compared to analyst estimates of $734.14 million. Enova International had a net margin of 7.88% and a return on equity of 19.94%. Enova International's revenue was up 22.2% compared to the same quarter last year. During the same period last year, the company posted $1.91 earnings per share. As a group, sell-side analysts forecast that Enova International, Inc. will post 10.31 EPS for the current year.
Insiders Place Their Bets
In other Enova International news, General Counsel Sean Rahilly sold 9,046 shares of the business's stock in a transaction that occurred on Monday, May 5th. The shares were sold at an average price of $95.05, for a total transaction of $859,822.30. Following the sale, the general counsel now owns 103,842 shares of the company's stock, valued at approximately $9,870,182.10. The trade was a 8.01% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO David Fisher sold 5,000 shares of the firm's stock in a transaction on Tuesday, March 25th. The stock was sold at an average price of $101.75, for a total transaction of $508,750.00. Following the completion of the transaction, the chief executive officer now directly owns 348,223 shares of the company's stock, valued at approximately $35,431,690.25. This represents a 1.42% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 16,046 shares of company stock valued at $1,565,872. 8.40% of the stock is currently owned by insiders.
About Enova International
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Free Report)
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.
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