Oregon Public Employees Retirement Fund decreased its holdings in Enova International, Inc. (NYSE:ENVA – Free Report) by 1.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 6,135 shares of the credit services provider’s stock after selling 100 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in Enova International were worth $588,000 as of its most recent filing with the SEC.
Several other institutional investors have also modified their holdings of the business. Foundry Partners LLC lifted its stake in shares of Enova International by 1.1% in the third quarter. Foundry Partners LLC now owns 122,756 shares of the credit services provider’s stock worth $10,286,000 after acquiring an additional 1,328 shares in the last quarter. BNP Paribas Financial Markets raised its stake in 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 valued at $4,865,000 after buying an additional 12,928 shares in the last quarter. Quantbot Technologies LP raised its stake in Enova International by 10.2% during the third quarter. Quantbot Technologies LP now owns 14,182 shares of the credit services provider’s stock valued at $1,188,000 after buying an additional 1,311 shares in the last quarter. F M Investments LLC acquired a new stake in Enova International during the third quarter valued at approximately $242,000. Finally, Crossmark Global Holdings Inc. acquired a new stake in Enova International during the fourth quarter valued at approximately $206,000. Institutional investors and hedge funds own 89.43% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of analysts have recently weighed in on the company. Maxim Group increased their price target on Enova International from $108.00 to $138.00 and gave the stock a “buy” rating in a research report on Thursday, February 6th. BTIG Research increased their price target on Enova International from $122.00 to $129.00 and gave the company a “buy” rating in a research note on Wednesday, February 5th. Stephens raised their price objective on Enova International from $115.00 to $136.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 5th. Finally, JMP Securities increased their target price on Enova International from $125.00 to $135.00 and gave the company a “market outperform” rating in a report on Wednesday, February 5th. Three analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $110.14.
Enova International Trading Up 1.3 %
Enova International stock opened at $103.19 on Monday. The company has a debt-to-equity ratio of 2.98, a current ratio of 9.52 and a quick ratio of 15.82. The company has a market capitalization of $2.66 billion, a price-to-earnings ratio of 13.87 and a beta of 1.50. Enova International, Inc. has a one year low of $57.46 and a one year high of $117.56. The company’s fifty day moving average price is $105.53 and its two-hundred day moving average price is $95.74.
Enova International (NYSE:ENVA – Get Free Report) last issued its quarterly earnings results on Tuesday, February 4th. The credit services provider reported $2.37 earnings per share (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%. On average, analysts forecast that Enova International, Inc. will post 10.31 earnings per share for the current fiscal year.
Insider Buying and Selling
In other Enova International news, CFO Steven E. Cunningham sold 25,733 shares of the firm’s stock in a transaction dated Friday, February 7th. The shares were sold at an average price of $116.50, for a total transaction of $2,997,894.50. Following the completion of the transaction, the chief financial officer now owns 155,855 shares in the company, valued at $18,157,107.50. This trade represents a 14.17 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO James Joseph Lee sold 455 shares of the firm’s stock in a transaction dated Friday, February 7th. The stock was sold at an average price of $116.59, for a total transaction of $53,048.45. Following the transaction, the chief accounting officer now owns 21,688 shares of the company’s stock, valued at approximately $2,528,603.92. This represents a 2.05 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 36,188 shares of company stock valued at $4,106,843 over the last three months. 7.80% of the stock is owned by corporate insiders.
Enova International Company Profile
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.
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