CSM Advisors LLC raised its holdings in Enova International, Inc. (NYSE:ENVA – Free Report) by 16.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 62,550 shares of the credit services provider’s stock after acquiring an additional 8,972 shares during the period. CSM Advisors LLC owned approximately 0.25% of Enova International worth $7,199,000 at the end of the most recent quarter.
A number of other institutional investors have also bought and sold shares of ENVA. Baird Financial Group Inc. boosted its holdings in shares of Enova International by 0.8% during the 2nd quarter. Baird Financial Group Inc. now owns 155,950 shares of the credit services provider’s stock worth $17,392,000 after purchasing an additional 1,276 shares during the last quarter. Loomis Sayles & Co. L P acquired a new stake in shares of Enova International in the second quarter valued at approximately $11,152,000. CX Institutional increased its holdings in shares of Enova International by 4.2% in the third quarter. CX Institutional now owns 70,352 shares of the credit services provider’s stock valued at $8,097,000 after purchasing an additional 2,814 shares during the last quarter. Russell Investments Group Ltd. lifted its position in Enova International by 2.4% during the second quarter. Russell Investments Group Ltd. now owns 65,255 shares of the credit services provider’s stock worth $7,277,000 after buying an additional 1,531 shares in the last quarter. Finally, Hillsdale Investment Management Inc. lifted its position in Enova International by 12.0% during the third quarter. Hillsdale Investment Management Inc. now owns 58,780 shares of the credit services provider’s stock worth $6,765,000 after buying an additional 6,300 shares in the last quarter. 89.43% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several analysts have issued reports on the company. Weiss Ratings restated a “buy (b-)” rating on shares of Enova International in a report on Thursday, January 22nd. Citigroup reiterated an “outperform” rating on shares of Enova International in a report on Wednesday, January 28th. Wall Street Zen cut shares of Enova International from a “strong-buy” rating to a “buy” rating in a research report on Sunday. TD Cowen reissued a “buy” rating on shares of Enova International in a report on Thursday, January 8th. Finally, Maxim Group set a $191.00 price objective on shares of Enova International in a research report on Thursday, January 29th. One equities research analyst has rated the stock with a Strong Buy rating and five have assigned a Buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of $188.00.
Insider Buying and Selling at Enova International
In other news, CEO Steven E. Cunningham sold 11,436 shares of the stock in a transaction on Friday, January 30th. The stock was sold at an average price of $165.13, for a total transaction of $1,888,426.68. Following the completion of the transaction, the chief executive officer directly owned 127,719 shares in the company, valued at approximately $21,090,238.47. This represents a 8.22% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Mark Tebbe sold 20,000 shares of the business’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $172.24, for a total transaction of $3,444,800.00. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 134,019 shares of company stock worth $22,151,701. Insiders own 8.40% of the company’s stock.
Enova International Trading Down 0.8%
ENVA opened at $134.35 on Friday. The stock has a market capitalization of $3.36 billion, a PE ratio of 11.60 and a beta of 1.24. Enova International, Inc. has a one year low of $79.41 and a one year high of $176.68. The company has a debt-to-equity ratio of 3.37, a quick ratio of 9.48 and a current ratio of 9.48. The business’s 50 day moving average price is $152.10 and its 200 day moving average price is $136.87.
Enova International (NYSE:ENVA – Get Free Report) last posted its earnings results on Tuesday, January 27th. The credit services provider reported $3.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.17 by $0.29. Enova International had a return on equity of 25.31% and a net margin of 9.78%.The company had revenue of $1.34 billion during the quarter, compared to analysts’ expectations of $838.59 million. During the same quarter last year, the firm earned $2.61 earnings per share. The firm’s quarterly revenue was up 15.0% compared to the same quarter last year. As a group, equities research analysts expect that Enova International, Inc. will post 10.31 EPS for the current year.
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.
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