BNP Paribas Financial Markets Buys 12,928 Shares of Enova International, Inc. (NYSE:ENVA)

BNP Paribas Financial Markets increased its holdings in shares of Enova International, Inc. (NYSE:ENVA - Free Report) by 28.6% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 58,066 shares of the credit services provider's stock after acquiring an additional 12,928 shares during the period. BNP Paribas Financial Markets owned about 0.22% of Enova International worth $4,865,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. GAMMA Investing LLC boosted its position in Enova International by 27.6% in the second quarter. GAMMA Investing LLC now owns 855 shares of the credit services provider's stock valued at $53,000 after buying an additional 185 shares in the last quarter. USA Financial Formulas acquired a new position in Enova International in the third quarter valued at about $76,000. J.Safra Asset Management Corp raised its stake in shares of Enova International by 25.1% in the second quarter. J.Safra Asset Management Corp now owns 1,163 shares of the credit services provider's stock worth $72,000 after acquiring an additional 233 shares during the last quarter. F M Investments LLC bought a new position in shares of Enova International in the third quarter worth about $242,000. Finally, Smith Shellnut Wilson LLC ADV bought a new position in shares of Enova International in the second quarter worth about $235,000. 89.43% of the stock is currently owned by institutional investors and hedge funds.

Enova International Trading Up 0.1 %

NYSE ENVA traded up $0.08 during trading on Wednesday, reaching $105.73. 48,505 shares of the stock traded hands, compared to its average volume of 229,037. The firm has a market cap of $2.77 billion, a price-to-earnings ratio of 16.85 and a beta of 1.46. The stock's 50-day moving average price is $92.60 and its 200 day moving average price is $78.95. The company has a quick ratio of 15.82, a current ratio of 15.82 and a debt-to-equity ratio of 2.79. Enova International, Inc. has a fifty-two week low of $43.21 and a fifty-two week high of $108.15.

Enova International (NYSE:ENVA - Get Free Report) last released its quarterly earnings results on Tuesday, October 22nd. The credit services provider reported $2.45 earnings per share for the quarter, beating the consensus estimate of $2.31 by $0.14. The company had revenue of $689.92 million during the quarter, compared to analysts' expectations of $666.33 million. Enova International had a net margin of 7.19% and a return on equity of 18.41%. The business's quarterly revenue was up 25.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.33 earnings per share. Analysts predict that Enova International, Inc. will post 8.04 EPS for the current year.

Enova International announced that its board has initiated a stock buyback program on Monday, August 12th that permits the company to buyback $300.00 million in outstanding shares. This buyback authorization permits the credit services provider to repurchase up to 12.5% of its shares through open market purchases. Shares buyback programs are usually a sign that the company's management believes its stock is undervalued.

Insider Activity

In related news, CEO David Fisher sold 10,000 shares of the stock in a transaction on Tuesday, November 26th. The shares were sold at an average price of $105.47, for a total transaction of $1,054,700.00. Following the completion of the transaction, the chief executive officer now owns 389,925 shares in the company, valued at approximately $41,125,389.75. This represents a 2.50 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO James Joseph Lee sold 615 shares of the stock in a transaction on Friday, October 25th. The stock was sold at an average price of $89.59, for a total transaction of $55,097.85. Following the transaction, the chief accounting officer now owns 20,646 shares of the company's stock, valued at $1,849,675.14. The trade was a 2.89 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 80,843 shares of company stock worth $7,496,779 over the last quarter. 7.80% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

ENVA has been the subject of a number of research analyst reports. TD Cowen boosted their target price on shares of Enova International from $85.00 to $96.00 and gave the stock a "hold" rating in a research note on Wednesday, October 23rd. BTIG Research boosted their price target on shares of Enova International from $90.00 to $110.00 and gave the stock a "buy" rating in a research note on Wednesday, October 23rd. JMP Securities boosted their price target on shares of Enova International from $103.00 to $109.00 and gave the stock a "market outperform" rating in a research note on Wednesday, October 23rd. Stephens began coverage on shares of Enova International in a research note on Wednesday, November 13th. They set an "overweight" rating and a $108.00 price target for the company. Finally, Janney Montgomery Scott downgraded shares of Enova International from a "buy" rating to a "neutral" rating in a research note on Monday, August 26th. Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $91.14.

About Enova International

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.