Enova International, Inc. (NYSE:ENVA) Shares Sold by Summit Global Investments

Summit Global Investments decreased its holdings in shares of Enova International, Inc. (NYSE:ENVA) by 22.1% during the 4th quarter, Holdings Channel.com reports. The firm owned 12,619 shares of the credit services provider’s stock after selling 3,586 shares during the period. Summit Global Investments’ holdings in Enova International were worth $1,210,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. BNP Paribas Financial Markets boosted its holdings in shares of Enova International by 28.6% during the third quarter. BNP Paribas Financial Markets now owns 58,066 shares of the credit services provider’s stock worth $4,865,000 after purchasing an additional 12,928 shares during the last quarter. Crossmark Global Holdings Inc. purchased a new position in shares of Enova International in the 4th quarter worth $206,000. Longboard Asset Management LP purchased a new position in shares of Enova International in the 4th quarter worth $202,000. Quantbot Technologies LP raised its position in shares of Enova International by 10.2% in the 3rd quarter. Quantbot Technologies LP now owns 14,182 shares of the credit services provider’s stock worth $1,188,000 after buying an additional 1,311 shares during the period. Finally, J.Safra Asset Management Corp raised its position in shares of Enova International by 205.4% in the 4th quarter. J.Safra Asset Management Corp now owns 3,552 shares of the credit services provider’s stock worth $344,000 after buying an additional 2,389 shares during the period. Institutional investors and hedge funds own 89.43% of the company’s stock.

Analyst Ratings Changes

ENVA has been the topic of several research reports. BTIG Research increased their target price on Enova International from $122.00 to $129.00 and gave the stock a “buy” rating in a research report on Wednesday, February 5th. JMP Securities increased their target price on Enova International from $125.00 to $135.00 and gave the stock a “market outperform” rating in a research report on Wednesday, February 5th. Maxim Group increased their target price on Enova International from $108.00 to $138.00 and gave the stock a “buy” rating in a research report on Thursday, February 6th. Finally, Stephens increased their target price on Enova International from $115.00 to $136.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 5th. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $110.14.

Insider Activity

In related news, CAO James Joseph Lee sold 455 shares of Enova International stock in a transaction dated Friday, February 7th. The stock was sold at an average price of $116.59, for a total value of $53,048.45. Following the completion of the transaction, the chief accounting officer now directly owns 21,688 shares in the company, valued at approximately $2,528,603.92. This trade represents a 2.05 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Steven E. Cunningham sold 25,733 shares of Enova International stock in a transaction dated Friday, February 7th. The stock was sold at an average price of $116.50, for a total value of $2,997,894.50. Following the completion of the transaction, the chief financial officer now owns 155,855 shares of the company’s stock, valued at $18,157,107.50. This trade represents a 14.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 7.80% of the company’s stock.

Enova International Trading Up 0.0 %

NYSE:ENVA opened at $97.43 on Friday. The business’s 50-day moving average is $104.22 and its two-hundred day moving average is $96.69. The company has a debt-to-equity ratio of 2.98, a current ratio of 9.52 and a quick ratio of 15.82. Enova International, Inc. has a 12 month low of $57.46 and a 12 month high of $117.56. The firm has a market capitalization of $2.51 billion, a PE ratio of 13.09 and a beta of 1.43.

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

About Enova International

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.