Enova International, Inc. (NYSE:ENVA) Shares Acquired by Foundry Partners LLC

Foundry Partners LLC lifted its position in shares of Enova International, Inc. (NYSE:ENVA) by 7.3% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 137,908 shares of the credit services provider’s stock after acquiring an additional 9,357 shares during the period. Foundry Partners LLC’s holdings in Enova International were worth $7,635,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in ENVA. Headinvest LLC acquired a new position in Enova International in the 3rd quarter valued at about $28,000. UniSuper Management Pty Ltd acquired a new position in Enova International in the 2nd quarter valued at about $101,000. Counterpoint Mutual Funds LLC acquired a new position in Enova International in the 3rd quarter valued at about $117,000. Lazard Asset Management LLC acquired a new position in Enova International in the 3rd quarter valued at about $181,000. Finally, Handelsbanken Fonder AB acquired a new position in Enova International in the 4th quarter valued at about $216,000. Institutional investors and hedge funds own 89.43% of the company’s stock.

Insider Buying and Selling at Enova International

In other Enova International news, General Counsel Sean Rahilly sold 2,347 shares of the stock in a transaction that occurred on Friday, February 16th. The shares were sold at an average price of $60.40, for a total value of $141,758.80. Following the completion of the sale, the general counsel now owns 107,992 shares of the company’s stock, valued at $6,522,716.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, General Counsel Sean Rahilly sold 2,347 shares of the stock in a transaction that occurred on Friday, February 16th. The stock was sold at an average price of $60.40, for a total transaction of $141,758.80. Following the completion of the transaction, the general counsel now directly owns 107,992 shares in the company, valued at approximately $6,522,716.80. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Steven E. Cunningham sold 17,548 shares of the stock in a transaction that occurred on Friday, February 9th. The shares were sold at an average price of $56.11, for a total value of $984,618.28. Following the transaction, the chief financial officer now owns 150,025 shares of the company’s stock, valued at $8,417,902.75. The disclosure for this sale can be found here. Insiders sold 30,938 shares of company stock valued at $1,799,557 over the last 90 days. 7.80% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. TheStreet downgraded shares of Enova International from a “b” rating to a “c+” rating in a research note on Tuesday, January 30th. StockNews.com upgraded Enova International from a “hold” rating to a “buy” rating in a report on Saturday, March 23rd. BMO Capital Markets lifted their price target on Enova International from $57.00 to $59.00 and gave the company a “market perform” rating in a report on Wednesday, January 31st. Jefferies Financial Group lifted their price target on Enova International from $70.00 to $75.00 and gave the company a “buy” rating in a report on Tuesday, April 9th. Finally, JMP Securities lifted their price target on Enova International from $62.00 to $73.00 and gave the company a “market outperform” rating in a report on Wednesday, January 31st. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat, Enova International currently has a consensus rating of “Moderate Buy” and an average price target of $63.00.

Enova International Trading Up 1.9 %

ENVA traded up $1.12 during midday trading on Friday, hitting $60.71. The company’s stock had a trading volume of 220,792 shares, compared to its average volume of 185,841. The company has a current ratio of 10.27, a quick ratio of 10.27 and a debt-to-equity ratio of 2.37. Enova International, Inc. has a 52-week low of $35.30 and a 52-week high of $64.51. The firm has a market cap of $1.67 billion, a P/E ratio of 11.08 and a beta of 1.55. The firm has a 50-day moving average price of $61.15 and a two-hundred day moving average price of $53.39.

Enova International (NYSE:ENVA) last issued its earnings results on Tuesday, January 30th. The credit services provider reported $1.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.54 by $0.08. Enova International had a return on equity of 15.84% and a net margin of 8.27%. The business had revenue of $583.59 million during the quarter, compared to analysts’ expectations of $587.34 million. On average, research analysts anticipate that Enova International, Inc. will post 7.39 earnings per share for the current year.

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.