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

Hillsdale Investment Management Inc. boosted its holdings in shares of Enova International, Inc. (NYSE:ENVAFree Report) by 3.9% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 62,211 shares of the credit services provider’s stock after buying an additional 2,351 shares during the quarter. Hillsdale Investment Management Inc. owned approximately 0.25% of Enova International worth $8,450,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Geode Capital Management LLC lifted its position in shares of Enova International by 3.1% in the fourth quarter. Geode Capital Management LLC now owns 611,208 shares of the credit services provider’s stock valued at $96,095,000 after buying an additional 18,258 shares during the last quarter. SG Americas Securities LLC increased its holdings in shares of Enova International by 2,933.1% during the 4th quarter. SG Americas Securities LLC now owns 138,975 shares of the credit services provider’s stock worth $21,847,000 after acquiring an additional 134,393 shares during the last quarter. CX Institutional increased its holdings in shares of Enova International by 2.7% during the 4th quarter. CX Institutional now owns 72,224 shares of the credit services provider’s stock worth $11,354,000 after acquiring an additional 1,872 shares during the last quarter. Los Angeles Capital Management LLC increased its holdings in shares of Enova International by 13.1% during the 4th quarter. Los Angeles Capital Management LLC now owns 49,021 shares of the credit services provider’s stock worth $7,706,000 after acquiring an additional 5,660 shares during the last quarter. Finally, Informed Momentum Co LLC bought a new stake in Enova International in the 4th quarter valued at $6,243,000. Institutional investors and hedge funds own 89.43% of the company’s stock.

Enova International Price Performance

Shares of NYSE ENVA opened at $232.39 on Tuesday. The firm has a market cap of $5.78 billion, a P/E ratio of 18.82 and a beta of 1.21. The business’s 50 day moving average is $190.51 and its 200-day moving average is $165.26. The company has a current ratio of 20.42, a quick ratio of 20.42 and a debt-to-equity ratio of 3.45. Enova International, Inc. has a 1-year low of $99.61 and a 1-year high of $246.38.

Enova International (NYSE:ENVAGet Free Report) 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 the consensus estimate of $3.66 by $0.21. Enova International had a return on equity of 25.89% and a net margin of 9.95%.The business had revenue of $875.14 million during the quarter, compared to the consensus estimate of $854.52 million. During the same period in the previous year, the company posted $2.98 EPS. The firm’s quarterly revenue was up 17.4% on a year-over-year basis. Equities research analysts predict that Enova International, Inc. will post 15.37 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. Wall Street Zen cut shares of Enova International from a “strong-buy” rating to a “buy” rating in a research report on Sunday, May 10th. Stephens increased their price objective on shares of Enova International from $185.00 to $210.00 and gave the company an “overweight” rating in a research report on Friday, April 24th. Citizens Jmp increased 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 report on Friday, June 26th. Citigroup restated an “outperform” rating on shares of Enova International in a research note on Friday, June 26th. Finally, Jefferies Financial Group lifted their target price 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. Eight research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $246.67.

Check Out Our Latest Analysis on ENVA

Insider Transactions at Enova International

In other Enova International news, CEO Steven E. Cunningham sold 7,852 shares of Enova International stock in a transaction dated Tuesday, April 28th. The shares were sold at an average price of $175.50, for a total value 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. The trade was a 6.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Mark Tebbe sold 20,000 shares of the business’s stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $201.37, for a total transaction of $4,027,400.00. Following the completion of the sale, the director directly owned 50,029 shares of the company’s stock, valued at $10,074,339.73. This represents a 28.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 106,882 shares of company stock worth $19,757,389 over the last ninety days. Corporate insiders own 8.40% of the company’s stock.

Enova International Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Enova International (NYSE:ENVA)

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