Enova International, Inc. $ENVA Shares Purchased by Emerald Mutual Fund Advisers Trust

Emerald Mutual Fund Advisers Trust increased its position in shares of Enova International, Inc. (NYSE:ENVA) by 19.9% during the 1st quarter, Holdings Channel.com reports. The firm owned 19,902 shares of the credit services provider’s stock after buying an additional 3,299 shares during the quarter. Emerald Mutual Fund Advisers Trust’s holdings in Enova International were worth $2,703,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of ENVA. FNY Investment Advisers LLC acquired a new position in Enova International in the fourth quarter worth approximately $31,000. Farther Finance Advisors LLC increased its holdings 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 acquiring an additional 64 shares during the last quarter. EverSource Wealth Advisors LLC raised its position in shares of Enova International by 350.0% in the second quarter. EverSource Wealth Advisors LLC now owns 450 shares of the credit services provider’s stock valued at $50,000 after purchasing an additional 350 shares during the period. Strs Ohio lifted its position in Enova International by 233.3% during the 4th quarter. Strs Ohio now owns 1,000 shares of the credit services provider’s stock worth $157,000 after acquiring an additional 700 shares during the last quarter. Finally, Cornerstone Investment Partners LLC acquired a new stake in Enova International in the 4th quarter valued at approximately $254,000. 89.43% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, CEO Steven E. Cunningham sold 7,852 shares of Enova International stock in a transaction that occurred on Tuesday, April 28th. The stock was sold at an average price of $175.50, for a total transaction of $1,378,026.00. Following the completion of the transaction, the chief executive officer directly owned 122,945 shares in the company, valued at approximately $21,576,847.50. The trade was a 6.00% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Mark Tebbe sold 20,000 shares of Enova International stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $201.37, for a total transaction of $4,027,400.00. Following the transaction, the director directly owned 50,029 shares of the company’s stock, valued at approximately $10,074,339.73. This trade represents a 28.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 106,882 shares of company stock valued at $19,757,389. Corporate insiders own 8.40% of the company’s stock.

Enova International Price Performance

Shares of NYSE ENVA opened at $232.39 on Tuesday. The stock has a market capitalization of $5.78 billion, a price-to-earnings ratio of 18.82 and a beta of 1.21. Enova International, Inc. has a fifty-two week low of $99.61 and a fifty-two week high of $246.38. The business has a 50-day moving average of $190.51 and a 200-day moving average of $165.26. The company has a debt-to-equity ratio of 3.45, a current ratio of 20.42 and a quick ratio of 20.42.

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

Analyst Ratings Changes

Several brokerages have recently weighed in on ENVA. Weiss Ratings reissued a “buy (b-)” rating on shares of Enova International in a report on Tuesday, April 21st. 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. Zacks Research cut Enova International from a “strong-buy” rating to a “hold” rating in a report on Friday, June 26th. BTIG Research upped their target price on shares of Enova International from $199.00 to $270.00 and gave the company a “buy” rating in a research report on Tuesday, June 30th. Finally, Jefferies Financial Group increased their price target on shares of Enova International from $260.00 to $280.00 and gave the company a “buy” rating in a research report on Wednesday, July 8th. Eight investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $246.67.

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.