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5,700 Shares in Enova International, Inc. (NYSE:ENVA) Purchased by KLP Kapitalforvaltning AS

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KLP Kapitalforvaltning AS purchased a new stake in Enova International, Inc. (NYSE:ENVA - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 5,700 shares of the credit services provider's stock, valued at approximately $547,000.

Several other large investors have also recently modified their holdings of the business. Farther Finance Advisors LLC boosted its holdings in 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 acquiring an additional 323 shares during the last quarter. Longboard Asset Management LP acquired a new position in shares of Enova International in the 4th quarter worth approximately $202,000. Crossmark Global Holdings Inc. bought a new stake in shares of Enova International in the 4th quarter valued at $206,000. Cibc World Markets Corp acquired a new stake in shares of Enova International during the fourth quarter worth $229,000. Finally, J.Safra Asset Management Corp increased its position in shares of Enova International by 205.4% during the fourth quarter. J.Safra Asset Management Corp now owns 3,552 shares of the credit services provider's stock worth $344,000 after buying an additional 2,389 shares during the period. Institutional investors own 89.43% of the company's stock.

Insider Buying and Selling at Enova International

In related news, CEO David Fisher sold 5,000 shares of the company's stock in a transaction on Tuesday, March 25th. The stock was sold at an average price of $101.75, for a total transaction of $508,750.00. Following the completion of the sale, the chief executive officer now owns 348,223 shares in the company, valued at approximately $35,431,690.25. This represents a 1.42 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 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 completion of the sale, the chief financial officer now directly owns 155,855 shares of the company's stock, valued at $18,157,107.50. The trade was a 14.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 31,188 shares of company stock valued at $3,559,693. Corporate insiders own 7.80% of the company's stock.

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Enova International Stock Down 1.3 %

ENVA stock traded down $1.12 during trading on Tuesday, reaching $86.04. 428,053 shares of the stock were exchanged, compared to its average volume of 226,722. The company has a current ratio of 9.52, a quick ratio of 15.82 and a debt-to-equity ratio of 2.98. Enova International, Inc. has a twelve month low of $57.46 and a twelve month high of $117.56. The firm's 50 day moving average is $100.85 and its 200 day moving average is $98.07. The firm has a market cap of $2.22 billion, a P/E ratio of 11.56 and a beta of 1.35.

Enova International (NYSE:ENVA - Get Free Report) last issued its earnings results on Tuesday, February 4th. The credit services provider reported $2.37 earnings per share 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, research analysts forecast that Enova International, Inc. will post 10.31 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have commented on ENVA. TD Cowen raised shares of Enova International from a "hold" rating to a "buy" rating and set a $17.00 price target on the stock in a research report on Tuesday, April 1st. BTIG Research boosted their price objective on Enova International from $122.00 to $129.00 and gave the company a "buy" rating in a research note on Wednesday, February 5th. Stephens raised their target price on Enova International from $115.00 to $136.00 and gave the stock an "overweight" rating in a research note on Wednesday, February 5th. JMP Securities lifted their target price on Enova International from $125.00 to $135.00 and gave the stock a "market outperform" rating in a report on Wednesday, February 5th. Finally, Maxim Group increased their price target on Enova International from $108.00 to $138.00 and gave the stock a "buy" rating in a report on Thursday, February 6th. Two equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company's stock. According to data from MarketBeat, Enova International presently has a consensus rating of "Moderate Buy" and a consensus price target of $98.86.

Get Our Latest Stock Report on Enova International

Enova International Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Enova International (NYSE:ENVA)

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