SG Americas Securities LLC Invests $824,000 in Enova International, Inc. (NYSE:ENVA)

SG Americas Securities LLC purchased a new stake in Enova International, Inc. (NYSE:ENVA - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 8,531 shares of the credit services provider's stock, valued at approximately $824,000.

Several other institutional investors and hedge funds have also recently modified their holdings of ENVA. GAMMA Investing LLC boosted its holdings 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 buying an additional 165,847 shares during the last quarter. Tieton Capital Management LLC boosted 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 worth $12,729,000 after buying an additional 900 shares during the last quarter. BNP Paribas Financial Markets boosted its holdings in Enova International by 42.7% in the 4th quarter. BNP Paribas Financial Markets now owns 82,872 shares of the credit services provider's stock worth $7,946,000 after buying an additional 24,806 shares during the last quarter. Lazard Asset Management LLC boosted its holdings in 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 worth $2,773,000 after buying an additional 7,043 shares during the last quarter. Finally, MetLife Investment Management LLC boosted its holdings in shares of Enova International by 7.8% during the 4th quarter. MetLife Investment Management LLC now owns 15,470 shares of the credit services provider's stock worth $1,483,000 after purchasing an additional 1,120 shares during the last quarter. Hedge funds and other institutional investors own 89.43% of the company's stock.

Insider Activity at Enova International

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 stock was sold at an average price of $95.05, for a total value of $859,822.30. Following the sale, 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO David Fisher sold 5,000 shares of the business's stock in a transaction that occurred on Tuesday, March 25th. The shares were sold at an average price of $101.75, for a total value of $508,750.00. Following the completion of the sale, the chief executive officer now directly owns 348,223 shares in the company, valued at approximately $35,431,690.25. The trade was 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 worth $1,565,872. Insiders own 8.40% of the company's stock.

Enova International Trading Up 1.3%

ENVA traded up $1.27 during trading hours on Monday, reaching $99.83. The company's stock had a trading volume of 205,035 shares, compared to its average volume of 230,891. Enova International, Inc. has a fifty-two week low of $59.80 and a fifty-two week high of $117.56. The stock has a market cap of $2.53 billion, a PE ratio of 11.76 and a beta of 1.45. The business's 50-day moving average is $94.68 and its 200-day moving average is $98.76. The company has a debt-to-equity ratio of 3.14, a current ratio of 18.55 and a quick ratio of 18.55.

Enova International (NYSE:ENVA - Get Free Report) last released its quarterly earnings data on Tuesday, April 29th. The credit services provider reported $2.98 EPS for the quarter, beating 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 firm had revenue of $745.54 million for the quarter, compared to analysts' expectations of $734.14 million. During the same period in the prior year, the firm posted $1.91 earnings per share. The firm's quarterly revenue was up 22.2% on a year-over-year basis. As a group, equities research analysts predict that Enova International, Inc. will post 10.31 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several 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 target price on the stock in a report on Tuesday, April 1st. JMP Securities restated a "market outperform" rating and set a $135.00 target price on shares of Enova International in a report on Wednesday, April 30th. Finally, Seaport Res Ptn upgraded Enova International to a "strong-buy" rating in a report on Wednesday, May 14th. One investment analyst has rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Buy" and a consensus price target of $111.00.

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.