Rhumbline Advisers Sells 5,919 Shares of Enova International, Inc. (NYSE:ENVA)

Rhumbline Advisers reduced its stake in Enova International, Inc. (NYSE:ENVA - Free Report) by 7.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 75,560 shares of the credit services provider's stock after selling 5,919 shares during the period. Rhumbline Advisers owned about 0.29% of Enova International worth $7,245,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. BNP Paribas Financial Markets grew its position in shares of 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 buying an additional 12,928 shares during the last quarter. Crossmark Global Holdings Inc. bought a new stake in shares of Enova International in the 4th quarter worth approximately $206,000. Foundry Partners LLC grew its position 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 buying an additional 1,328 shares during the last quarter. F M Investments LLC bought a new stake in shares of Enova International during the third quarter valued at approximately $242,000. Finally, Longboard Asset Management LP bought a new stake in shares of Enova International during the fourth quarter valued at approximately $202,000. 89.43% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

ENVA has been the topic of several research reports. Stephens lifted their price target on Enova International from $115.00 to $136.00 and gave the company an "overweight" rating in a research report on Wednesday, February 5th. JMP Securities lifted 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. BTIG Research lifted their price target on Enova International from $122.00 to $129.00 and gave the company a "buy" rating in a research report on Wednesday, February 5th. Finally, Maxim Group lifted their price target on Enova International from $108.00 to $138.00 and gave the company a "buy" rating in a research report on Thursday, February 6th. Three research analysts have rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $110.14.

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Enova International Stock Up 1.3 %

Shares of ENVA stock traded up $1.33 during mid-day trading on Friday, hitting $103.19. The company's stock had a trading volume of 171,514 shares, compared to its average volume of 228,475. Enova International, Inc. has a 52-week low of $57.46 and a 52-week high of $117.56. The business has a 50-day moving average price of $105.53 and a 200 day moving average price of $95.52. The company has a debt-to-equity ratio of 2.98, a quick ratio of 15.82 and a current ratio of 9.52. The stock has a market cap of $2.66 billion, a price-to-earnings ratio of 13.87 and a beta of 1.50.

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

Insider Transactions at Enova International

In related news, CAO James Joseph Lee sold 455 shares of the company's stock in a transaction on Friday, February 7th. The stock was 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 approximately $2,528,603.92. This represents a 2.05 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Steven E. Cunningham sold 25,733 shares of the company'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 sale, the chief financial officer now 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 position. The disclosure for this sale can be found here. Insiders sold 36,188 shares of company stock worth $4,106,843 over the last quarter. 7.80% of the stock is currently owned by insiders.

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.