SG Americas Securities LLC Has $21.85 Million Position in Enova International, Inc. $ENVA

SG Americas Securities LLC boosted its stake in shares of Enova International, Inc. (NYSE:ENVA) by 2,933.1% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 138,975 shares of the credit services provider’s stock after purchasing an additional 134,393 shares during the period. SG Americas Securities LLC’s holdings in Enova International were worth $21,847,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Arkadios Wealth Advisors lifted its position in Enova International by 61.3% in the 3rd quarter. Arkadios Wealth Advisors now owns 31,362 shares of the credit services provider’s stock worth $3,609,000 after buying an additional 11,915 shares in the last quarter. Harbor Capital Advisors Inc. grew its holdings in shares of Enova International by 8,356.1% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 16,574 shares of the credit services provider’s stock valued at $1,908,000 after acquiring an additional 16,378 shares in the last quarter. CSM Advisors LLC grew its holdings in shares of Enova International by 16.7% during the 3rd quarter. CSM Advisors LLC now owns 62,550 shares of the credit services provider’s stock valued at $7,199,000 after acquiring an additional 8,972 shares in the last quarter. Loomis Sayles & Co. L P acquired a new position in shares of Enova International in the second quarter worth $11,152,000. Finally, New York State Common Retirement Fund increased its stake in shares of Enova International by 51.9% in the second quarter. New York State Common Retirement Fund now owns 32,719 shares of the credit services provider’s stock worth $3,649,000 after acquiring an additional 11,180 shares during the last quarter. Institutional investors and hedge funds own 89.43% of the company’s stock.

Insider Activity at Enova International

In other news, General Counsel Sean Rahilly sold 12,879 shares of the stock in a transaction dated Friday, January 30th. The stock was sold at an average price of $164.28, for a total transaction of $2,115,762.12. Following the transaction, the general counsel owned 100,877 shares of the company’s stock, valued at approximately $16,572,073.56. This represents a 11.32% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Mark Tebbe sold 20,000 shares of the firm’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $172.24, for a total value of $3,444,800.00. The SEC filing for this sale provides additional information. Insiders have sold a total of 119,019 shares of company stock worth $19,748,101 in the last 90 days. Insiders own 8.40% of the company’s stock.

Analyst Upgrades and Downgrades

ENVA has been the subject of a number of research reports. Citigroup reissued an “outperform” rating on shares of Enova International in a research report on Wednesday, January 28th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Enova International in a research report on Thursday, January 22nd. Wall Street Zen downgraded Enova International from a “strong-buy” rating to a “buy” rating in a research note on Sunday, March 15th. BTIG Research reiterated a “buy” rating and set a $199.00 price target on shares of Enova International in a report on Wednesday, January 28th. Finally, Citizens Jmp boosted their price target on Enova International from $180.00 to $182.00 and gave the company a “market outperform” rating in a research note on Wednesday, January 28th. One equities research analyst has rated the stock with a Strong Buy rating and five have assigned a Buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $188.00.

Enova International Stock Down 2.0%

ENVA stock opened at $133.97 on Friday. The company has a current ratio of 9.48, a quick ratio of 9.48 and a debt-to-equity ratio of 3.37. Enova International, Inc. has a 1 year low of $79.41 and a 1 year high of $176.68. The company has a fifty day simple moving average of $147.71 and a 200 day simple moving average of $137.71. The firm has a market cap of $3.35 billion, a PE ratio of 11.57 and a beta of 1.24.

Enova International (NYSE:ENVA) last posted its earnings results on Tuesday, January 27th. The credit services provider reported $3.46 EPS for the quarter, topping the consensus estimate of $3.17 by $0.29. Enova International had a net margin of 9.78% and a return on equity of 25.31%. The firm had revenue of $1.34 billion for the quarter, compared to the consensus estimate of $838.59 million. During the same period in the prior year, the business posted $2.61 earnings per share. The business’s quarterly revenue was up 15.0% on a year-over-year basis. Sell-side analysts anticipate that Enova International, Inc. will post 10.31 EPS for the current fiscal year.

About Enova International

Enova International, Inc (NYSE: ENVA) is a Chicago-based financial services company specializing in online lending solutions. Since its founding in 2004, Enova has leveraged proprietary data analytics and technology platforms to underwrite and deliver short-term consumer loans, lines of credit and installment loans. Through its flagship consumer brand NetCredit, Enova provides flexible credit options designed to serve a wide range of borrowers, including those with limited or non-traditional credit histories.

In addition to its U.S.