SG Americas Securities LLC Purchases Shares of 8,531 Enova International, Inc. (NYSE:ENVA)

SG Americas Securities LLC purchased a new stake in shares of Enova International, Inc. (NYSE:ENVA - Free Report) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 8,531 shares of the credit services provider's stock, valued at approximately $824,000.

A number of other large investors have also recently made changes to their positions in the stock. GAMMA Investing LLC increased its stake in Enova International by 15,008.8% in 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 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 increased its stake in shares of Enova International by 32.2% in the fourth quarter. Lazard Asset Management LLC now owns 28,934 shares of the credit services provider's stock worth $2,773,000 after buying an additional 7,043 shares during the period. KLP Kapitalforvaltning AS purchased a new position in shares of Enova International in the fourth quarter valued at about $547,000. Finally, New Age Alpha Advisors LLC bought a new position in Enova International during the 4th quarter valued at approximately $371,000. 89.43% of the stock is owned by institutional investors.

Analysts Set New Price Targets

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

Insiders Place Their Bets

In related news, CEO David Fisher sold 2,000 shares of the firm's stock in a transaction that occurred on Monday, April 28th. The shares were sold at an average price of $98.65, for a total transaction of $197,300.00. Following the completion of the sale, the chief executive officer now owns 348,223 shares of the company's stock, valued at $34,352,198.95. This trade represents a 0.57% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at 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 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 ownership of the stock. 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 corporate insiders.

Enova International Stock Up 0.8%

Shares of ENVA stock traded up $0.79 during mid-day trading on Friday, reaching $98.45. 365,055 shares of the company's stock traded hands, compared to its average volume of 233,587. Enova International, Inc. has a 12 month low of $59.48 and a 12 month high of $117.56. The company has a quick ratio of 18.55, a current ratio of 18.55 and a debt-to-equity ratio of 3.14. The company's 50-day moving average price is $94.48 and its 200-day moving average price is $98.91. The company has a market cap of $2.50 billion, a P/E ratio of 11.60 and a beta of 1.45.

Enova International (NYSE:ENVA - Get Free Report) last announced its earnings results on Tuesday, April 29th. The credit services provider reported $2.98 earnings per share for the quarter, beating analysts' consensus estimates of $2.77 by $0.21. Enova International had a net margin of 8.38% and a return on equity of 21.79%. The business had revenue of $745.54 million during the quarter, compared to the consensus estimate of $734.14 million. During the same quarter last year, the firm earned $1.91 earnings per share. The business's revenue for the quarter was up 22.2% on a year-over-year basis. On average, equities analysts expect that Enova International, Inc. will post 10.31 earnings per share for the current fiscal year.

Enova International Company 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.