Globeflex Capital L P Purchases New Holdings in Enova International, Inc. $ENVA

Globeflex Capital L P acquired a new position in Enova International, Inc. (NYSE:ENVA) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 3,677 shares of the credit services provider’s stock, valued at approximately $885,000.

Several other institutional investors have also recently bought and sold shares of ENVA. EverSource Wealth Advisors LLC boosted its position in Enova International by 350.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 450 shares of the credit services provider’s stock valued at $50,000 after buying an additional 350 shares during the last quarter. California State Teachers Retirement System raised its position in shares of Enova International by 0.4% during the second quarter. California State Teachers Retirement System now owns 24,268 shares of the credit services provider’s stock worth $2,706,000 after acquiring an additional 105 shares during the last quarter. Horizon Investments LLC raised its position in shares of Enova International by 5.9% during the third quarter. Horizon Investments LLC now owns 14,054 shares of the credit services provider’s stock worth $1,617,000 after acquiring an additional 789 shares during the last quarter. Danske Bank A S acquired a new position in shares of Enova International during the third quarter valued at $991,000. Finally, Farther Finance Advisors LLC lifted its stake in shares of Enova International by 26.9% during the fourth quarter. Farther Finance Advisors LLC now owns 302 shares of the credit services provider’s stock valued at $47,000 after acquiring an additional 64 shares during the period. Institutional investors own 89.43% of the company’s stock.

Wall Street Analyst Weigh In

ENVA has been the subject of several recent research reports. Maxim Group boosted their price objective on Enova International from $191.00 to $200.00 and gave the stock a “buy” rating in a report on Monday, April 27th. Wall Street Zen lowered shares of Enova International from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Weiss Ratings reiterated a “buy (b-)” rating on shares of Enova International in a research report on Friday, July 17th. BTIG Research boosted their price target on shares of Enova International from $199.00 to $270.00 and gave the stock a “buy” rating in a research note on Tuesday, June 30th. Finally, Zacks Research upgraded shares of Enova International from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating and eight have issued a Buy rating to the stock. According to MarketBeat, Enova International has an average rating of “Buy” and a consensus price target of $247.83.

Enova International Stock Performance

Shares of ENVA stock opened at $247.71 on Tuesday. The stock has a market cap of $6.17 billion, a PE ratio of 18.36 and a beta of 1.22. The stock has a 50-day moving average of $237.95 and a 200-day moving average of $183.62. The company has a debt-to-equity ratio of 3.35, a current ratio of 18.42 and a quick ratio of 18.42. Enova International, Inc. has a one year low of $103.02 and a one year high of $267.45.

Enova International (NYSE:ENVA) last issued its quarterly earnings data on Thursday, July 23rd. The credit services provider reported $4.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.99 by $0.32. Enova International had a net margin of 10.31% and a return on equity of 26.66%. The firm had revenue of $928.93 million during the quarter, compared to analysts’ expectations of $909.61 million. During the same quarter in the previous year, the company earned $3.23 earnings per share. The business’s revenue for the quarter was up 21.6% on a year-over-year basis. As a group, sell-side analysts expect that Enova International, Inc. will post 16.3 earnings per share for the current year.

Insider Transactions at Enova International

In related news, Chairman David Fisher sold 33,060 shares of the company’s stock in a transaction 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 completion of the sale, the chairman owned 306,444 shares in the company, valued at $60,997,678.20. This represents a 9.74% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director William M. Goodyear sold 5,983 shares of the firm’s stock in a transaction on Monday, June 1st. The stock was sold at an average price of $163.13, for a total value of $976,006.79. Following the sale, the director directly owned 62,757 shares in the company, valued at $10,237,549.41. The trade was a 8.70% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 62,543 shares of company stock valued at $12,242,070 over the last three months. 8.40% of the stock is currently owned by corporate insiders.

Enova International Company 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.