Hillsdale Investment Management Inc. Buys 2,351 Shares of Enova International, Inc. $ENVA

Hillsdale Investment Management Inc. lifted its stake in shares of Enova International, Inc. (NYSE:ENVA) by 3.9% during the 1st quarter, HoldingsChannel.com reports. The firm owned 62,211 shares of the credit services provider’s stock after buying an additional 2,351 shares during the period. Hillsdale Investment Management Inc.’s holdings in Enova International were worth $8,450,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of ENVA. Emerald Mutual Fund Advisers Trust raised its stake in Enova International by 19.9% in the first quarter. Emerald Mutual Fund Advisers Trust now owns 19,902 shares of the credit services provider’s stock valued at $2,703,000 after purchasing an additional 3,299 shares in the last quarter. Emerald Advisers LLC grew its stake in Enova International by 63.2% during the first quarter. Emerald Advisers LLC now owns 3,507 shares of the credit services provider’s stock worth $476,000 after buying an additional 1,358 shares in the last quarter. AdvisorShares Investments LLC bought a new position in Enova International in the 1st quarter valued at about $407,000. Captrust Financial Advisors bought a new position in Enova International in the 4th quarter valued at about $268,000. Finally, Marshall Wace LLP bought a new position in Enova International in the 4th quarter valued at about $4,412,000. Institutional investors own 89.43% of the company’s stock.

Insider Activity at Enova International

In other Enova International news, Chairman David Fisher sold 33,060 shares of the firm’s stock in a transaction that occurred on Wednesday, June 17th. The shares were sold at an average price of $199.05, for a total value of $6,580,593.00. Following the sale, the chairman owned 306,444 shares in the company, valued at $60,997,678.20. This trade represents a 9.74% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Steven E. Cunningham sold 7,852 shares of the firm’s stock in a transaction that occurred on Tuesday, April 28th. The shares were sold at an average price of $175.50, for a total transaction of $1,378,026.00. Following the completion of the sale, the chief executive officer owned 122,945 shares in the company, valued at $21,576,847.50. This represents a 6.00% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 106,882 shares of company stock valued at $19,757,389. Company insiders own 8.40% of the company’s stock.

Wall Street Analysts Forecast Growth

ENVA has been the subject of a number of recent analyst reports. Jefferies Financial Group upped their price target on shares of Enova International from $260.00 to $280.00 and gave the stock a “buy” rating in a report on Wednesday, July 8th. Citizens Jmp lifted their price objective on shares of Enova International from $195.00 to $270.00 and gave the company a “market outperform” rating in a research note on Friday, June 26th. TD Cowen boosted their price objective on shares of Enova International from $190.00 to $250.00 and gave the company a “buy” rating in a research report on Tuesday, July 7th. Zacks Research downgraded shares of Enova International from a “strong-buy” rating to a “hold” rating in a research report on Friday, June 26th. Finally, Wall Street Zen cut Enova International from a “strong-buy” rating to a “buy” rating in a research note on Sunday, May 10th. Eight analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $246.67.

Enova International Stock Performance

Enova International stock opened at $232.39 on Tuesday. Enova International, Inc. has a 12-month low of $99.61 and a 12-month high of $246.38. The company has a quick ratio of 20.42, a current ratio of 20.42 and a debt-to-equity ratio of 3.45. The business’s 50-day moving average price is $190.51 and its two-hundred day moving average price is $165.26. The stock has a market cap of $5.78 billion, a PE ratio of 18.82 and a beta of 1.21.

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

Enova International Profile

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.