California State Teachers Retirement System Increases Stock Position in Enova International, Inc. $ENVA

California State Teachers Retirement System raised its stake in shares of Enova International, Inc. (NYSE:ENVA) by 26.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 29,411 shares of the credit services provider’s stock after purchasing an additional 6,205 shares during the quarter. California State Teachers Retirement System’s holdings in Enova International were worth $3,995,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Farther Finance Advisors LLC raised its position in shares of Enova International by 26.9% during the 4th quarter. Farther Finance Advisors LLC now owns 302 shares of the credit services provider’s stock valued at $47,000 after buying an additional 64 shares in the last quarter. EverSource Wealth Advisors LLC grew its position in Enova International by 350.0% in the second quarter. EverSource Wealth Advisors LLC now owns 450 shares of the credit services provider’s stock worth $50,000 after acquiring an additional 350 shares in the last quarter. Parallel Advisors LLC increased its stake in Enova International by 1,503.3% in the first quarter. Parallel Advisors LLC now owns 481 shares of the credit services provider’s stock valued at $65,000 after acquiring an additional 451 shares during the last quarter. Strs Ohio raised its position in Enova International by 233.3% during the fourth quarter. Strs Ohio now owns 1,000 shares of the credit services provider’s stock valued at $157,000 after purchasing an additional 700 shares in the last quarter. Finally, Cornerstone Investment Partners LLC purchased a new stake in Enova International during the fourth quarter valued at about $254,000. Hedge funds and other institutional investors own 89.43% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on ENVA shares. Weiss Ratings reiterated a “buy (b-)” rating on shares of Enova International in a report on Friday, July 17th. Zacks Research raised Enova International from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 29th. Wall Street Zen raised Enova International from a “buy” rating to a “strong-buy” rating in a research note on Saturday, July 25th. Maxim Group increased their price target on shares of Enova International from $191.00 to $200.00 and gave the company a “buy” rating in a research report on Monday, April 27th. Finally, Citizens Jmp lifted their price target on shares of Enova International from $195.00 to $270.00 and gave the stock a “market outperform” rating in a research note on Friday, June 26th. One equities research analyst has rated the stock with a Strong Buy rating and eight have given a Buy rating to the stock. According to MarketBeat.com, Enova International currently has a consensus rating of “Buy” and a consensus price target of $247.83.

Enova International Stock Down 1.4%

Shares of NYSE ENVA opened at $252.30 on Friday. The company has a quick ratio of 18.42, a current ratio of 18.42 and a debt-to-equity ratio of 3.35. Enova International, Inc. has a 52 week low of $102.75 and a 52 week high of $265.54. The firm’s fifty day moving average is $220.25 and its 200 day moving average is $176.14. The company has a market cap of $6.28 billion, a price-to-earnings ratio of 18.70 and a beta of 1.22.

Enova International (NYSE:ENVA) last announced its quarterly earnings results on Thursday, July 23rd. The credit services provider reported $4.31 earnings per share (EPS) for the quarter, topping 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 business had revenue of $928.93 million for the quarter, compared to analyst estimates of $909.61 million. During the same quarter last year, the firm earned $3.23 EPS. The company’s revenue was up 21.6% on a year-over-year basis. On average, equities research analysts expect that Enova International, Inc. will post 16.3 earnings per share for the current year.

Insider Buying and Selling at Enova International

In other Enova International news, Director William M. Goodyear sold 6,231 shares of the company’s stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $166.08, for a total transaction of $1,034,844.48. Following the completion of the transaction, the director owned 68,740 shares of the company’s stock, valued at $11,416,339.20. This represents a 8.31% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Mark Tebbe sold 20,000 shares of Enova International stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $201.37, for a total value of $4,027,400.00. Following the completion of the sale, the director owned 50,029 shares in the company, valued at approximately $10,074,339.73. This represents a 28.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 79,030 shares of company stock valued at $14,915,763 in the last 90 days. Insiders own 8.40% of the company’s stock.

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.