Los Angeles Capital Management LLC Acquires 5,660 Shares of Enova International, Inc. $ENVA

Los Angeles Capital Management LLC raised its position in Enova International, Inc. (NYSE:ENVAFree Report) by 13.1% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 49,021 shares of the credit services provider’s stock after acquiring an additional 5,660 shares during the period. Los Angeles Capital Management LLC’s holdings in Enova International were worth $7,706,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in ENVA. SG Americas Securities LLC raised its stake in shares of Enova International by 2,933.1% in the fourth quarter. SG Americas Securities LLC now owns 138,975 shares of the credit services provider’s stock valued at $21,847,000 after buying an additional 134,393 shares during the period. Geode Capital Management LLC raised its stake in shares of Enova International by 3.1% in the fourth quarter. Geode Capital Management LLC now owns 611,208 shares of the credit services provider’s stock valued at $96,095,000 after buying an additional 18,258 shares during the period. Legato Capital Management LLC bought a new stake in shares of Enova International in the fourth quarter valued at $1,851,000. CSM Advisors LLC raised its stake in shares of Enova International by 16.7% in the third quarter. CSM Advisors LLC now owns 62,550 shares of the credit services provider’s stock valued at $7,199,000 after buying an additional 8,972 shares during the period. Finally, Danske Bank A S bought a new stake in shares of Enova International in the third quarter valued at $991,000. 89.43% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages have issued reports on ENVA. Citigroup restated an “outperform” rating on shares of Enova International in a research note on Friday, April 24th. BTIG Research restated a “buy” rating and issued a $199.00 target price on shares of Enova International in a research note on Thursday, April 23rd. Weiss Ratings restated a “buy (b-)” rating on shares of Enova International in a research note on Tuesday, April 21st. Citizens Jmp boosted their target price on Enova International from $182.00 to $195.00 and gave the company a “market outperform” rating in a research note on Friday, April 24th. Finally, Stephens boosted their target price on Enova International from $185.00 to $210.00 and gave the company an “overweight” rating in a research note on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating and seven have assigned a Buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $198.80.

Check Out Our Latest Stock Analysis on ENVA

Insider Activity

In other news, Chairman David Fisher sold 20,000 shares of Enova International stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $173.18, for a total value of $3,463,600.00. Following the completion of the transaction, the chairman directly owned 306,444 shares in the company, valued at approximately $53,069,971.92. The trade was a 6.13% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Steven E. Cunningham sold 7,852 shares of Enova International stock in a transaction on Tuesday, April 28th. The shares were sold at an average price of $175.50, for a total value of $1,378,026.00. Following the completion of the transaction, the chief executive officer owned 122,945 shares of the company’s stock, valued at approximately $21,576,847.50. This trade represents a 6.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 50,322 shares of company stock worth $8,491,326. 8.40% of the stock is owned by corporate insiders.

Enova International Price Performance

Shares of NYSE ENVA opened at $171.56 on Tuesday. The stock has a market cap of $4.27 billion, a PE ratio of 13.89 and a beta of 1.28. Enova International, Inc. has a fifty-two week low of $92.75 and a fifty-two week high of $176.68. The company has a debt-to-equity ratio of 3.45, a quick ratio of 20.42 and a current ratio of 20.42. The stock has a fifty day moving average of $158.85 and a 200-day moving average of $152.26.

Enova International (NYSE:ENVAGet Free Report) last announced its quarterly earnings results on Thursday, April 23rd. The credit services provider reported $3.87 earnings per share for the quarter, beating the consensus estimate of $3.66 by $0.21. The company had revenue of $875.14 million during the quarter, compared to analysts’ expectations of $854.52 million. Enova International had a return on equity of 25.89% and a net margin of 9.95%.The firm’s quarterly revenue was up 17.4% compared to the same quarter last year. During the same period in the previous year, the business earned $2.98 earnings per share. Equities research analysts anticipate that Enova International, Inc. will post 15.37 earnings per share for the current year.

Enova International Profile

(Free Report)

Enova International, Inc (NYSE: ENVA) is a Chicago-based financial services company specializing in online lending solutions. Since its founding in 2004, Enova has leveraged proprietary data analytics and technology platforms to underwrite and deliver short-term consumer loans, lines of credit and installment loans. Through its flagship consumer brand NetCredit, Enova provides flexible credit options designed to serve a wide range of borrowers, including those with limited or non-traditional credit histories.

In addition to its U.S.

See Also

Want to see what other hedge funds are holding ENVA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Enova International, Inc. (NYSE:ENVAFree Report).

Institutional Ownership by Quarter for Enova International (NYSE:ENVA)

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