SG Americas Securities LLC Trims Position in Enova International, Inc. $ENVA

SG Americas Securities LLC trimmed its holdings in shares of Enova International, Inc. (NYSE:ENVA) by 21.5% in the 1st quarter, HoldingsChannel.com reports. The fund owned 109,139 shares of the credit services provider’s stock after selling 29,836 shares during the quarter. SG Americas Securities LLC’s holdings in Enova International were worth $14,824,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in the business. Farther Finance Advisors LLC grew its position in Enova International by 26.9% during the 4th quarter. Farther Finance Advisors LLC now owns 302 shares of the credit services provider’s stock worth $47,000 after purchasing an additional 64 shares during the period. California State Teachers Retirement System lifted its holdings in shares of Enova International by 0.4% in the 2nd quarter. California State Teachers Retirement System now owns 24,268 shares of the credit services provider’s stock valued at $2,706,000 after buying an additional 105 shares during the period. FNY Investment Advisers LLC acquired a new position in shares of Enova International in the 4th quarter valued at about $31,000. Kendall Capital Management boosted its stake in shares of Enova International by 3.9% in the fourth quarter. Kendall Capital Management now owns 5,625 shares of the credit services provider’s stock worth $884,000 after buying an additional 210 shares during the last quarter. Finally, GAMMA Investing LLC boosted its stake in shares of Enova International by 14.2% in the fourth quarter. GAMMA Investing LLC now owns 2,722 shares of the credit services provider’s stock worth $428,000 after buying an additional 338 shares during the last quarter. 89.43% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Enova International

In other news, 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 sale, the director owned 50,029 shares in the company, valued at $10,074,339.73. This trade represents a 28.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Chairman David Fisher sold 33,060 shares of Enova International stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $199.05, for a total transaction of $6,580,593.00. Following the completion of the sale, the chairman owned 306,444 shares in the company, valued at approximately $60,997,678.20. This trade represents a 9.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 106,882 shares of company stock valued at $19,757,389. 8.40% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on ENVA. TD Cowen lifted their price target on Enova International from $165.00 to $190.00 and gave the company a “buy” rating in a research report on Friday, April 24th. Maxim Group upped their price objective on Enova International from $191.00 to $200.00 and gave the stock a “buy” rating in a research report on Monday, April 27th. BTIG Research restated a “buy” rating and issued a $199.00 price objective on shares of Enova International in a research report on Thursday, April 23rd. Wall Street Zen cut shares of Enova International from a “strong-buy” rating to a “buy” rating in a research note on Sunday, May 10th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Enova International in a report on Tuesday, April 21st. One analyst has rated the stock with a Strong Buy rating and seven have assigned a Buy rating to the stock. Based on data from MarketBeat.com, Enova International presently has a consensus rating of “Buy” and a consensus target price of $198.80.

Enova International Stock Up 2.3%

Enova International stock opened at $221.59 on Friday. Enova International, Inc. has a 12 month low of $99.61 and a 12 month high of $224.95. The stock has a market capitalization of $5.51 billion, a PE ratio of 17.94 and a beta of 1.28. The company has a debt-to-equity ratio of 3.45, a current ratio of 20.42 and a quick ratio of 20.42. The business has a 50 day simple moving average of $173.89 and a 200-day simple moving average of $158.58.

Enova International (NYSE:ENVA) last released its quarterly earnings results on Thursday, April 23rd. The credit services provider reported $3.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.66 by $0.21. The firm had revenue of $875.14 million for the quarter, compared to analysts’ expectations of $854.52 million. Enova International had a net margin of 9.95% and a return on equity of 25.89%. The firm’s revenue for the quarter was up 17.4% compared to the same quarter last year. During the same quarter last year, the company earned $2.98 EPS. On average, analysts anticipate that Enova International, Inc. will post 15.37 EPS for the current fiscal 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.