Wellington Management Group LLP lowered its stake in shares of Enova International, Inc. (NYSE:ENVA – Free Report) by 3.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 245,185 shares of the credit services provider’s stock after selling 9,037 shares during the quarter. Wellington Management Group LLP owned about 0.98% of Enova International worth $59,023,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other large investors have also added to or reduced their stakes in ENVA. Public Employees Retirement System of Ohio purchased a new position in shares of Enova International in the 2nd quarter worth approximately $116,000. Globeflex Capital L P purchased a new stake in Enova International during the second quarter valued at approximately $885,000. Kendall Capital Management acquired a new stake in Enova International in the second quarter valued at approximately $3,117,000. Tieton Capital Management LLC acquired a new stake in Enova International in the second quarter valued at approximately $26,577,000. Finally, J.Safra Asset Management Corp purchased a new position in Enova International in the second quarter worth $1,464,000. 89.43% of the stock is currently owned by institutional investors.
Enova International Stock Up 2.9%
Shares of ENVA stock opened at $233.56 on Friday. Enova International, Inc. has a fifty-two week low of $103.02 and a fifty-two week high of $267.45. The firm has a market capitalization of $5.82 billion, a PE ratio of 17.31 and a beta of 1.21. The company has a debt-to-equity ratio of 3.35, a quick ratio of 18.42 and a current ratio of 18.42. The stock’s 50-day simple moving average is $242.15 and its 200-day simple moving average is $187.97.
Wall Street Analyst Weigh In
ENVA has been the topic of a number of recent analyst reports. Zacks Research raised Enova International from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 29th. Jefferies Financial Group boosted their target price on Enova International from $260.00 to $280.00 and gave the stock a “buy” rating in a research note on Wednesday, July 8th. Wall Street Zen lowered Enova International from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 22nd. Weiss Ratings reiterated a “buy (b-)” rating on shares of Enova International in a research note on Friday, July 17th. Finally, TD Cowen raised their price target on Enova International from $250.00 to $257.00 and gave the stock a “buy” rating in a report on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating and eight have given a Buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $247.83.
Get Our Latest Stock Analysis on ENVA
Insider Buying and Selling
In other Enova International news, Director William M. Goodyear sold 3,500 shares of the stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $188.02, for a total transaction of $658,070.00. Following the sale, the director directly owned 50,820 shares of the company’s stock, valued at approximately $9,555,176.40. This trade represents a 6.44% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Mark Tebbe sold 20,000 shares of Enova International stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $201.37, for a total value of $4,027,400.00. Following the transaction, the director owned 50,029 shares of the company’s stock, valued at $10,074,339.73. The trade was a 28.56% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 75,129 shares of company stock valued at $15,753,056 over the last 90 days. Insiders own 8.40% of the company’s stock.
Enova International Profile
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.
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