Hillsdale Investment Management Inc. Increases Stock Holdings in Enova International, Inc. $ENVA

Hillsdale Investment Management Inc. raised its position in shares of Enova International, Inc. (NYSE:ENVA) by 12.0% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 58,780 shares of the credit services provider’s stock after purchasing an additional 6,300 shares during the quarter. Hillsdale Investment Management Inc.’s holdings in Enova International were worth $6,765,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Loomis Sayles & Co. L P bought a new stake in Enova International during the second quarter valued at approximately $11,152,000. CSM Advisors LLC bought a new position in Enova International in the second quarter worth approximately $5,974,000. Arkadios Wealth Advisors purchased a new position in shares of Enova International during the 2nd quarter worth $2,169,000. Harbor Capital Advisors Inc. boosted its stake in shares of Enova International by 8,356.1% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 16,574 shares of the credit services provider’s stock worth $1,908,000 after acquiring an additional 16,378 shares during the last quarter. Finally, New York State Common Retirement Fund grew its position in shares of Enova International by 51.9% during the 2nd quarter. New York State Common Retirement Fund now owns 32,719 shares of the credit services provider’s stock valued at $3,649,000 after acquiring an additional 11,180 shares during the period. Hedge funds and other institutional investors own 89.43% of the company’s stock.

Analyst Upgrades and Downgrades

ENVA has been the topic of a number of recent research reports. Maxim Group set a $191.00 target price on Enova International in a report on Thursday, January 29th. BTIG Research restated a “buy” rating and issued a $199.00 price target on shares of Enova International in a research report on Wednesday, January 28th. Zacks Research raised Enova International from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 30th. Citizens Jmp lifted their price objective on Enova International from $180.00 to $182.00 and gave the company a “market outperform” rating in a research report on Wednesday, January 28th. Finally, Wall Street Zen downgraded Enova International from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 22nd. One investment analyst has rated the stock with a Strong Buy rating and five have assigned a Buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $188.00.

Enova International Trading Up 0.1%

Shares of ENVA stock opened at $145.12 on Friday. The company has a debt-to-equity ratio of 3.37, a quick ratio of 19.29 and a current ratio of 9.48. The stock has a fifty day simple moving average of $158.71 and a two-hundred day simple moving average of $133.57. The firm has a market capitalization of $4.08 billion, a PE ratio of 12.53 and a beta of 1.25. Enova International, Inc. has a 52-week low of $79.41 and a 52-week high of $176.68.

Enova International (NYSE:ENVA) last released its quarterly earnings data on Tuesday, January 27th. The credit services provider reported $3.46 earnings per share for the quarter, topping analysts’ consensus estimates of $3.17 by $0.29. Enova International had a return on equity of 25.31% and a net margin of 9.78%.The firm had revenue of $1.34 billion during the quarter, compared to analyst estimates of $838.59 million. During the same quarter in the prior year, the company posted $2.61 earnings per share. The business’s quarterly revenue was up 15.0% compared to the same quarter last year. On average, analysts predict that Enova International, Inc. will post 10.31 EPS for the current fiscal year.

Enova International declared that its board has approved a stock repurchase plan on Wednesday, November 12th that authorizes the company to buyback $400.00 million in shares. This buyback authorization authorizes the credit services provider to reacquire up to 12.5% of its shares through open market purchases. Shares buyback plans are generally a sign that the company’s leadership believes its shares are undervalued.

Insiders Place Their Bets

In other news, Chairman David Fisher sold 37,989 shares of the business’s stock in a transaction on Friday, January 30th. The shares were sold at an average price of $165.31, for a total value of $6,279,961.59. Following the transaction, the chairman owned 348,223 shares of the company’s stock, valued at approximately $57,564,744.13. The trade was a 9.84% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Steven E. Cunningham sold 11,436 shares of the firm’s stock in a transaction on Friday, January 30th. The shares were sold at an average price of $165.13, for a total transaction of $1,888,426.68. Following the transaction, the chief executive officer directly owned 127,719 shares of the company’s stock, valued at $21,090,238.47. The trade was a 8.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 134,019 shares of company stock worth $22,151,701 over the last ninety days. 8.40% of the stock is owned by company insiders.

About Enova International

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.