Enova International, Inc. (NYSE:ENVA) Holdings Lessened by Harspring Capital Management LLC

Harspring Capital Management LLC decreased its holdings in shares of Enova International, Inc. (NYSE:ENVA - Free Report) by 26.3% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 302,360 shares of the credit services provider's stock after selling 107,640 shares during the quarter. Enova International accounts for about 8.2% of Harspring Capital Management LLC's investment portfolio, making the stock its 4th biggest position. Harspring Capital Management LLC owned 1.15% of Enova International worth $28,990,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Farther Finance Advisors LLC boosted its holdings in shares of Enova International by 672.9% in the fourth quarter. Farther Finance Advisors LLC now owns 371 shares of the credit services provider's stock valued at $36,000 after purchasing an additional 323 shares during the period. Sterling Capital Management LLC lifted its holdings in shares of Enova International by 823.0% in the 4th quarter. Sterling Capital Management LLC now owns 803 shares of the credit services provider's stock worth $77,000 after buying an additional 716 shares during the period. Longboard Asset Management LP bought a new position in shares of Enova International during the 4th quarter worth $202,000. Crossmark Global Holdings Inc. purchased a new position in shares of Enova International during the fourth quarter valued at $206,000. Finally, Cibc World Markets Corp purchased a new stake in Enova International in the fourth quarter worth about $229,000. 89.43% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have commented on ENVA. Stephens raised their target price on shares of Enova International from $115.00 to $136.00 and gave the company an "overweight" rating in a research report on Wednesday, February 5th. Maxim Group boosted their price objective on shares of Enova International from $108.00 to $138.00 and gave the stock a "buy" rating in a research note on Thursday, February 6th. BTIG Research increased their target price on Enova International from $122.00 to $129.00 and gave the company a "buy" rating in a research report on Wednesday, February 5th. JMP Securities upped their price objective on Enova International from $125.00 to $135.00 and gave the stock a "market outperform" rating in a research note on Wednesday, February 5th. Finally, TD Cowen upgraded Enova International from a "hold" rating to a "buy" rating and set a $17.00 target price on the stock in a research note on Tuesday, April 1st. Two analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $102.83.

Enova International Stock Performance

Shares of Enova International stock traded up $0.18 during midday trading on Friday, hitting $91.24. The company had a trading volume of 142,415 shares, compared to its average volume of 230,888. The company has a fifty day simple moving average of $97.40 and a 200 day simple moving average of $98.40. The stock has a market cap of $2.35 billion, a price-to-earnings ratio of 12.26 and a beta of 1.35. Enova International, Inc. has a 12-month low of $57.46 and a 12-month high of $117.56. The company has a quick ratio of 15.82, a current ratio of 9.52 and a debt-to-equity ratio of 2.98.

Enova International (NYSE:ENVA - Get Free Report) last issued its quarterly earnings results on Tuesday, February 4th. The credit services provider reported $2.37 EPS for the quarter, topping analysts' consensus estimates of $2.29 by $0.08. Enova International had a return on equity of 19.94% and a net margin of 7.88%. As a group, analysts predict that Enova International, Inc. will post 10.31 earnings per share for the current fiscal year.

Insider Activity at Enova International

In other news, CAO James Joseph Lee sold 455 shares of the firm's stock in a transaction that occurred on Friday, February 7th. The stock was sold at an average price of $116.59, for a total value of $53,048.45. Following the transaction, the chief accounting officer now owns 21,688 shares in the company, valued at $2,528,603.92. This trade represents a 2.05 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Steven E. Cunningham sold 25,733 shares of the firm's stock in a transaction on Friday, February 7th. The shares were sold at an average price of $116.50, for a total value of $2,997,894.50. Following the completion of the transaction, the chief financial officer now owns 155,855 shares in the company, valued at $18,157,107.50. The trade was a 14.17 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 31,188 shares of company stock worth $3,559,693 over the last quarter. Insiders own 8.40% of the company's stock.

Enova International Company Profile

Enova International, Inc, a technology and analytics company, provides online financial services in the United States, Brazil, and internationally. The company provides installment loans; line of credit accounts; CSO programs, including arranging loans with independent third-party lenders and assisting in the preparation of loan applications and loan documents; and bank programs, such as marketing services and loan servicing for near-prime unsecured consumer installment loan.