Enova International, Inc. (NYSE:ENVA) Shares Sold by Geode Capital Management LLC

Geode Capital Management LLC cut its holdings in shares of Enova International, Inc. (NYSE:ENVA - Free Report) by 1.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 605,035 shares of the credit services provider's stock after selling 9,251 shares during the quarter. Geode Capital Management LLC owned about 2.31% of Enova International worth $50,705,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. BNP Paribas Financial Markets lifted its stake in Enova International by 28.6% in the 3rd quarter. BNP Paribas Financial Markets now owns 58,066 shares of the credit services provider's stock worth $4,865,000 after purchasing an additional 12,928 shares in the last quarter. Smith Shellnut Wilson LLC ADV purchased a new position in Enova International during the second quarter worth approximately $235,000. SG Americas Securities LLC acquired a new position in Enova International during the third quarter worth $772,000. Livforsakringsbolaget Skandia Omsesidigt grew its holdings in Enova International by 1.0% in the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 20,250 shares of the credit services provider's stock valued at $1,694,000 after buying an additional 200 shares in the last quarter. Finally, Foundry Partners LLC increased its stake in shares of Enova International by 1.1% in the 3rd quarter. Foundry Partners LLC now owns 122,756 shares of the credit services provider's stock worth $10,286,000 after acquiring an additional 1,328 shares during the last quarter. 89.43% of the stock is currently owned by institutional investors and hedge funds.

Enova International Stock Performance

Shares of Enova International stock traded down $0.15 during trading on Monday, reaching $96.32. The company's stock had a trading volume of 239,469 shares, compared to its average volume of 232,776. The company has a 50-day moving average price of $97.39 and a two-hundred day moving average price of $82.70. Enova International, Inc. has a fifty-two week low of $53.17 and a fifty-two week high of $108.15. The firm has a market cap of $2.52 billion, a PE ratio of 15.36 and a beta of 1.46. The company has a current ratio of 15.82, a quick ratio of 15.82 and a debt-to-equity ratio of 2.79.

Enova International (NYSE:ENVA - Get Free Report) last posted its quarterly earnings data on Tuesday, October 22nd. The credit services provider reported $2.45 EPS for the quarter, beating analysts' consensus estimates of $2.31 by $0.14. Enova International had a net margin of 7.19% and a return on equity of 18.41%. The company had revenue of $689.92 million for the quarter, compared to analyst estimates of $666.33 million. During the same period in the previous year, the business posted $1.33 earnings per share. Enova International's quarterly revenue was up 25.1% on a year-over-year basis. On average, analysts forecast that Enova International, Inc. will post 7.99 EPS for the current year.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on ENVA. TD Cowen upped their price objective on shares of Enova International from $85.00 to $96.00 and gave the company a "hold" rating in a report on Wednesday, October 23rd. BTIG Research lifted their price target on shares of Enova International from $90.00 to $110.00 and gave the company a "buy" rating in a research report on Wednesday, October 23rd. Janney Montgomery Scott cut Enova International from a "buy" rating to a "neutral" rating in a report on Monday, August 26th. 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. Finally, StockNews.com upgraded shares of Enova International from a "hold" rating to a "buy" rating in a report on Monday, October 21st. Three investment 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 presently has a consensus rating of "Moderate Buy" and a consensus target price of $91.14.

Insiders Place Their Bets

In other news, CFO Steven E. Cunningham sold 29,158 shares of Enova International stock in a transaction dated Friday, October 25th. The shares were sold at an average price of $89.53, for a total value of $2,610,515.74. Following the sale, the chief financial officer now owns 130,355 shares of the company's stock, valued at $11,670,683.15. The trade was a 18.28 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Kirk Chartier sold 17,644 shares of the business's stock in a transaction dated Monday, October 28th. The stock was sold at an average price of $86.80, for a total transaction of $1,531,499.20. Following the transaction, the insider now owns 117,422 shares in the company, valued at approximately $10,192,229.60. This trade represents a 13.06 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 90,843 shares of company stock valued at $8,552,679. 7.80% of the stock is owned by company 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.