State of Tennessee Department of Treasury Decreases Stock Holdings in Enova International, Inc. (NYSE:ENVA)

State of Tennessee Department of Treasury reduced its holdings in Enova International, Inc. (NYSE:ENVA) by 14.2% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor 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 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the business. Crossmark Global Holdings Inc. purchased a new position in Enova International in the fourth quarter worth about $206,000. Longboard Asset Management LP purchased a new position in shares of Enova International in the 4th quarter worth approximately $202,000. J.Safra Asset Management Corp increased 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 purchasing an additional 2,389 shares during the last quarter. Farther Finance Advisors LLC raised its holdings in Enova International by 672.9% during the 4th quarter. Farther Finance Advisors LLC now owns 371 shares of the credit services provider’s stock valued at $36,000 after buying an additional 323 shares during the period. Finally, Cibc World Markets Corp bought a new stake in Enova International in the fourth quarter worth $229,000. 89.43% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, CAO James Joseph Lee sold 455 shares of the stock in a transaction dated Friday, February 7th. The shares were sold at an average price of $116.59, for a total value of $53,048.45. Following the completion of the sale, the chief accounting officer now directly owns 21,688 shares in the company, valued at $2,528,603.92. This represents a 2.05 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO David Fisher sold 5,000 shares of the business’s stock in a transaction dated Tuesday, March 25th. The stock was sold at an average price of $101.75, for a total transaction of $508,750.00. Following the transaction, the chief executive officer now owns 348,223 shares in the company, valued at $35,431,690.25. The trade was a 1.42 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 31,188 shares of company stock worth $3,559,693. 8.40% of the stock is owned by corporate insiders.

Enova International Stock Up 0.4 %

Enova International stock opened at $99.66 on Wednesday. Enova International, Inc. has a 1-year low of $57.46 and a 1-year high of $117.56. The stock has a market capitalization of $2.55 billion, a price-to-earnings ratio of 13.40 and a beta of 1.35. The company has a debt-to-equity ratio of 2.98, a current ratio of 9.52 and a quick ratio of 15.82. The business has a fifty day moving average price of $95.00 and a 200-day moving average price of $99.18.

Enova International (NYSE:ENVA) last issued its quarterly earnings results on Tuesday, February 4th. The credit services provider reported $2.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.29 by $0.08. Enova International had a net margin of 7.88% and a return on equity of 19.94%. Equities research analysts forecast that Enova International, Inc. will post 10.31 EPS for the current fiscal year.

Analyst Ratings Changes

ENVA has been the topic of several recent analyst reports. BTIG Research increased their target price on shares of Enova International from $122.00 to $129.00 and gave the company a “buy” rating in a research note on Wednesday, February 5th. JMP Securities raised their price objective on shares of Enova International from $125.00 to $135.00 and gave the stock a “market outperform” rating in a research note on Wednesday, February 5th. Maxim Group upped their target price on Enova International from $108.00 to $138.00 and gave the company a “buy” rating in a research note on Thursday, February 6th. Stephens raised their price target on Enova International from $115.00 to $136.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 5th. Finally, TD Cowen raised Enova International from a “hold” rating to a “buy” rating and set a $17.00 price objective on the stock in a research report on Tuesday, April 1st. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $111.00.

Enova International 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.