Bank of New York Mellon Corp Sells 7,229 Shares of Enova International, Inc. (NYSE:ENVA)

Bank of New York Mellon Corp decreased its stake in Enova International, Inc. (NYSE:ENVA - Free Report) by 3.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 179,307 shares of the credit services provider's stock after selling 7,229 shares during the quarter. Bank of New York Mellon Corp owned 0.70% of Enova International worth $17,314,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. GAMMA Investing LLC boosted its stake in shares of Enova International by 15,008.8% during the 1st quarter. GAMMA Investing LLC now owns 166,952 shares of the credit services provider's stock worth $16,121,000 after acquiring an additional 165,847 shares during the period. Tieton Capital Management LLC grew its position in Enova International by 0.7% during the 4th quarter. Tieton Capital Management LLC now owns 132,760 shares of the credit services provider's stock worth $12,729,000 after acquiring an additional 900 shares during the last quarter. BNP Paribas Financial Markets grew its position in Enova International by 42.7% during the 4th quarter. BNP Paribas Financial Markets now owns 82,872 shares of the credit services provider's stock worth $7,946,000 after acquiring an additional 24,806 shares during the last quarter. Lazard Asset Management LLC grew its position in shares of Enova International by 32.2% in the 4th quarter. Lazard Asset Management LLC now owns 28,934 shares of the credit services provider's stock valued at $2,773,000 after buying an additional 7,043 shares during the last quarter. Finally, Rowlandmiller & PARTNERS.ADV grew its position in shares of Enova International by 1.3% in the 1st quarter. Rowlandmiller & PARTNERS.ADV now owns 22,062 shares of the credit services provider's stock valued at $2,130,000 after buying an additional 290 shares during the last quarter. Institutional investors and hedge funds own 89.43% of the company's stock.

Enova International Stock Performance

NYSE ENVA traded up $1.57 on Tuesday, hitting $114.61. 303,536 shares of the stock traded hands, compared to its average volume of 243,504. The business's fifty day moving average is $102.11 and its two-hundred day moving average is $100.62. Enova International, Inc. has a 12 month low of $72.43 and a 12 month high of $119.06. The firm has a market capitalization of $2.91 billion, a price-to-earnings ratio of 13.50 and a beta of 1.48. The company has a debt-to-equity ratio of 3.14, a quick ratio of 18.55 and a current ratio of 18.55.

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, topping analysts' consensus estimates of $2.77 by $0.21. Enova International had a return on equity of 21.79% and a net margin of 8.38%. The company had revenue of $745.54 million for the quarter, compared to the consensus estimate of $734.14 million. During the same quarter last year, the business posted $1.91 earnings per share. The firm's revenue was up 22.2% compared to the same quarter last year. As a group, equities analysts anticipate that Enova International, Inc. will post 10.31 EPS for the current fiscal year.

Insider Activity at Enova International

In other news, CEO David Fisher sold 5,000 shares of Enova International stock in a transaction that occurred on Monday, July 14th. The shares were sold at an average price of $115.23, for a total transaction of $576,150.00. Following the completion of the transaction, the chief executive officer directly owned 348,223 shares in the company, valued at approximately $40,125,736.29. This trade represents a 1.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, General Counsel Sean Rahilly sold 9,046 shares of the business's stock in a transaction that occurred on Monday, May 5th. The stock was sold at an average price of $95.05, for a total transaction of $859,822.30. Following the completion of the transaction, the general counsel owned 103,842 shares of the company's stock, valued at approximately $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. Over the last ninety days, insiders have sold 18,046 shares of company stock worth $1,830,112. Insiders own 8.40% of the company's stock.

Wall Street Analyst Weigh In

ENVA has been the subject of several analyst reports. Seaport Res Ptn raised Enova International to a "strong-buy" rating in a research note on Wednesday, May 14th. TD Cowen raised Enova International from a "hold" rating to a "buy" rating and set a $17.00 price objective for the company in a research note on Tuesday, April 1st. Finally, JMP Securities reissued a "market outperform" rating and issued a $135.00 price objective on shares of Enova International in a research note on Wednesday, April 30th. One research 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 stock. According to MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus price target of $111.00.

About Enova International

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.