Enova International, Inc. $ENVA Shares Acquired by Jump Financial LLC

Jump Financial LLC increased its position in shares of Enova International, Inc. (NYSE:ENVA) by 28.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 32,976 shares of the credit services provider’s stock after acquiring an additional 7,230 shares during the quarter. Jump Financial LLC’s holdings in Enova International were worth $3,677,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of ENVA. EverSource Wealth Advisors LLC raised its stake in Enova International by 350.0% during the second quarter. EverSource Wealth Advisors LLC now owns 450 shares of the credit services provider’s stock worth $50,000 after purchasing an additional 350 shares during the period. BI Asset Management Fondsmaeglerselskab A S purchased a new stake in shares of Enova International in the 1st quarter valued at approximately $56,000. MTM Investment Management LLC acquired a new stake in shares of Enova International during the 2nd quarter worth approximately $102,000. Campbell & CO Investment Adviser LLC purchased a new stake in shares of Enova International during the 2nd quarter valued at approximately $210,000. Finally, GAMMA Investing LLC lifted its holdings in Enova International by 37.8% in the second quarter. GAMMA Investing LLC now owns 2,383 shares of the credit services provider’s stock valued at $266,000 after acquiring an additional 654 shares during the last quarter. 89.43% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Enova International

In related news, CEO David Fisher sold 6,000 shares of the company’s stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $124.25, for a total transaction of $745,500.00. Following the sale, the chief executive officer directly owned 348,223 shares of the company’s stock, valued at $43,266,707.75. This represents a 1.69% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Steven E. Cunningham sold 14,874 shares of the stock in a transaction that occurred on Wednesday, October 29th. The stock was sold at an average price of $120.70, for a total transaction of $1,795,291.80. Following the sale, the chief financial officer owned 127,719 shares in the company, valued at approximately $15,415,683.30. This trade represents a 10.43% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 67,874 shares of company stock worth $8,426,042 over the last quarter. Insiders own 8.40% of the company’s stock.

Enova International Trading Up 3.2%

ENVA opened at $141.48 on Thursday. The company has a quick ratio of 19.29, a current ratio of 19.29 and a debt-to-equity ratio of 3.20. The firm has a market cap of $3.51 billion, a P/E ratio of 13.00 and a beta of 1.31. Enova International, Inc. has a 52 week low of $79.41 and a 52 week high of $142.43. The business has a fifty day simple moving average of $121.61 and a 200-day simple moving average of $113.84.

Enova International (NYSE:ENVA) last posted its earnings results on Thursday, October 23rd. The credit services provider reported $3.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.03 by $0.33. Enova International had a return on equity of 24.50% and a net margin of 9.64%.The firm had revenue of $460.71 million for the quarter, compared to analyst estimates of $806.63 million. During the same quarter in the prior year, the company earned $2.45 EPS. Enova International’s revenue was up 16.3% on a year-over-year basis. On average, equities analysts expect that Enova International, Inc. will post 10.31 earnings per share for the current year.

Enova International announced that its board has authorized a share repurchase program on Wednesday, November 12th that authorizes the company to buyback $400.00 million in outstanding shares. This buyback authorization authorizes the credit services provider to reacquire up to 12.5% of its shares through open market purchases. Shares buyback programs are typically a sign that the company’s management believes its shares are undervalued.

Wall Street Analysts Forecast Growth

ENVA has been the subject of several analyst reports. Wall Street Zen lowered Enova International from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 22nd. Weiss Ratings reiterated a “buy (b-)” rating on shares of Enova International in a report on Wednesday, October 8th. Zacks Research downgraded Enova International from a “strong-buy” rating to a “hold” rating in a research report on Thursday, September 25th. JMP Securities boosted their price objective on shares of Enova International from $135.00 to $149.00 and gave the company a “market outperform” rating in a report on Friday, October 24th. Finally, BTIG Research upped their target price on shares of Enova International from $129.00 to $144.00 and gave the company a “buy” rating in a research report on Friday, October 24th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $116.80.

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.