State of Tennessee Department of Treasury reduced its stake in shares of Enova International, Inc. (NYSE:ENVA - Free Report) by 14.2% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 19,412 shares of the credit services provider's stock after selling 3,217 shares during the period. State of Tennessee Department of Treasury owned approximately 0.07% of Enova International worth $1,861,000 at the end of the most recent quarter.
A number of other institutional investors have also modified their holdings of ENVA. KLP Kapitalforvaltning AS acquired a new stake in Enova International during the fourth quarter valued at $547,000. New Age Alpha Advisors LLC acquired a new stake in shares of Enova International during the 4th quarter valued at about $371,000. J.Safra Asset Management Corp grew its position in shares of Enova International by 205.4% during the 4th quarter. J.Safra Asset Management Corp now owns 3,552 shares of the credit services provider's stock valued at $344,000 after acquiring an additional 2,389 shares during the period. Cibc World Markets Corp purchased a new position in shares of Enova International in the 4th quarter valued at about $229,000. Finally, Crossmark Global Holdings Inc. acquired a new position in Enova International in the 4th quarter worth about $206,000. Hedge funds and other institutional investors own 89.43% of the company's stock.
Insider Transactions at Enova International
In other news, CFO Steven E. Cunningham sold 25,733 shares of the company's stock in a transaction that occurred on Friday, February 7th. The shares were sold at an average price of $116.50, for a total value of $2,997,894.50. Following the transaction, the chief financial officer now directly owns 155,855 shares in the company, valued at approximately $18,157,107.50. This represents a 14.17 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO David Fisher sold 2,000 shares of the firm's stock in a transaction on Monday, April 28th. The stock was sold at an average price of $98.65, for a total value of $197,300.00. Following the transaction, the chief executive officer now owns 348,223 shares of the company's stock, valued at approximately $34,352,198.95. This represents a 0.57 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 33,188 shares of company stock worth $3,756,993 in the last quarter. Company insiders own 8.40% of the company's stock.
Enova International Price Performance
ENVA traded up $3.21 during trading on Friday, reaching $94.81. The company's stock had a trading volume of 323,105 shares, compared to its average volume of 230,454. The company has a market cap of $2.41 billion, a price-to-earnings ratio of 12.74 and a beta of 1.43. The firm has a fifty day simple moving average of $94.44 and a two-hundred day simple moving average of $99.30. Enova International, Inc. has a 1 year low of $57.46 and a 1 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 announced its quarterly earnings data on Tuesday, April 29th. The credit services provider reported $2.98 EPS for the quarter, topping analysts' consensus estimates of $2.77 by $0.21. The firm had revenue of $745.54 million for the quarter, compared to the consensus estimate of $734.14 million. Enova International had a return on equity of 19.94% and a net margin of 7.88%. The firm's revenue was up 22.2% compared to the same quarter last year. During the same quarter last year, the business posted $1.91 earnings per share. As a group, analysts anticipate that Enova International, Inc. will post 10.31 EPS for the current year.
Wall Street Analyst Weigh In
A number of analysts have recently commented on the company. BTIG Research boosted their price objective on Enova International from $122.00 to $129.00 and gave the company a "buy" rating in a research report on Wednesday, February 5th. Maxim Group upped their price objective on shares of Enova International from $108.00 to $138.00 and gave the stock a "buy" rating in a research report on Thursday, February 6th. JMP Securities reiterated a "market outperform" rating and issued a $135.00 target price on shares of Enova International in a research report on Wednesday. TD Cowen raised shares of Enova International from a "hold" rating to a "buy" rating and set a $17.00 target price for the company in a research note on Tuesday, April 1st. Finally, Stephens raised their price target on shares of Enova International from $115.00 to $136.00 and gave the company an "overweight" rating in a research note on Wednesday, February 5th. One analyst has rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $111.00.
Read Our Latest Stock Analysis on Enova International
Enova International Company Profile
(
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.
Further Reading

Before you consider Enova International, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Enova International wasn't on the list.
While Enova International currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.