Martingale Asset Management L P Sells 6,603 Shares of Enova International, Inc. (NYSE:ENVA)

Martingale Asset Management L P lowered its holdings in Enova International, Inc. (NYSE:ENVA - Free Report) by 25.7% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 19,114 shares of the credit services provider's stock after selling 6,603 shares during the period. Martingale Asset Management L P owned approximately 0.07% of Enova International worth $1,833,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in ENVA. New Age Alpha Advisors LLC acquired a new stake in Enova International in the fourth quarter valued at about $371,000. Tieton Capital Management LLC lifted its stake in Enova International by 0.7% in the 4th quarter. Tieton Capital Management LLC now owns 132,760 shares of the credit services provider's stock valued at $12,729,000 after purchasing an additional 900 shares during the last quarter. KLP Kapitalforvaltning AS bought a new stake in shares of Enova International during the fourth quarter worth $547,000. Cibc World Markets Corp acquired a new position in shares of Enova International during the fourth quarter worth $229,000. Finally, Farther Finance Advisors LLC boosted its holdings in shares of Enova International by 672.9% during the 4th quarter. Farther Finance Advisors LLC now owns 371 shares of the credit services provider's stock valued at $36,000 after acquiring an additional 323 shares in the last quarter. Institutional investors and hedge funds own 89.43% of the company's stock.

Enova International Trading Up 1.5 %

Shares of Enova International stock traded up $1.41 on Tuesday, hitting $92.13. 177,254 shares of the company's stock traded hands, compared to its average volume of 256,269. The company has a fifty day moving average of $98.82 and a two-hundred day moving average of $98.44. Enova International, Inc. has a one year low of $57.46 and a one year high of $117.56. The company has a market capitalization of $2.38 billion, a price-to-earnings ratio of 12.38 and a beta of 1.35. The company has a debt-to-equity ratio of 2.98, a current ratio of 9.52 and a quick ratio of 15.82.

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Enova International (NYSE:ENVA - Get Free Report) last announced its quarterly earnings results on Tuesday, February 4th. The credit services provider reported $2.37 earnings per share (EPS) for the quarter, topping the consensus estimate 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, sell-side analysts expect that Enova International, Inc. will post 10.31 earnings per share for the current year.

Analyst Upgrades and Downgrades

ENVA has been the topic of a number of recent research reports. TD Cowen raised Enova International from a "hold" rating to a "buy" rating and set a $17.00 price target on the stock in a research note on Tuesday, April 1st. Stephens raised their price target on shares of Enova International from $115.00 to $136.00 and gave the company an "overweight" rating in a research note 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 raised their target price on Enova International from $122.00 to $129.00 and gave the stock a "buy" rating in a research report on Wednesday, February 5th. Finally, JMP Securities upped their price target on Enova International from $125.00 to $135.00 and gave the company a "market outperform" rating in a research report on Wednesday, February 5th. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, Enova International has an average rating of "Moderate Buy" and an average target price of $102.83.

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 shares were sold at an average price of $116.59, for a total transaction of $53,048.45. Following the completion of the sale, 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 position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Steven E. Cunningham sold 25,733 shares of the 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 transaction, the chief financial officer now directly owns 155,855 shares of the company's stock, valued at approximately $18,157,107.50. This trade represents a 14.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 31,188 shares of company stock valued at $3,559,693. 7.80% of the stock is owned by insiders.

Enova International 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.