Enova International, Inc. $ENVA Shares Purchased by Emerald Mutual Fund Advisers Trust

Emerald Mutual Fund Advisers Trust raised its holdings in Enova International, Inc. (NYSE:ENVA) by 19.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 19,902 shares of the credit services provider’s stock after purchasing an additional 3,299 shares during the period. Emerald Mutual Fund Advisers Trust owned about 0.08% of Enova International worth $2,703,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. FNY Investment Advisers LLC acquired a new position in shares of Enova International during the fourth quarter valued at approximately $31,000. Farther Finance Advisors LLC boosted its holdings in Enova International by 26.9% during the 4th quarter. Farther Finance Advisors LLC now owns 302 shares of the credit services provider’s stock valued at $47,000 after acquiring an additional 64 shares during the period. EverSource Wealth Advisors LLC grew its holdings in shares of Enova International by 350.0% in the second quarter. EverSource Wealth Advisors LLC now owns 450 shares of the credit services provider’s stock valued at $50,000 after purchasing an additional 350 shares in the last quarter. Strs Ohio increased its position in shares of Enova International by 233.3% during the fourth quarter. Strs Ohio now owns 1,000 shares of the credit services provider’s stock worth $157,000 after acquiring an additional 700 shares during the period. Finally, Cornerstone Investment Partners LLC acquired a new stake in Enova International in the 4th quarter valued at about $254,000. Institutional investors and hedge funds own 89.43% of the company’s stock.

Insiders Place Their Bets

In related news, Director William M. Goodyear sold 6,231 shares of the stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $166.08, for a total value of $1,034,844.48. Following the completion of the transaction, the director owned 68,740 shares of the company’s stock, valued at approximately $11,416,339.20. This represents a 8.31% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Mark Tebbe sold 20,000 shares of the company’s stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $201.37, for a total transaction of $4,027,400.00. Following the completion of the sale, the director directly owned 50,029 shares in the company, valued at $10,074,339.73. This represents a 28.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 106,882 shares of company stock worth $19,757,389. 8.40% of the stock is owned by insiders.

Enova International Stock Down 2.4%

Shares of Enova International stock opened at $232.39 on Tuesday. The stock has a market cap of $5.78 billion, a price-to-earnings ratio of 18.82 and a beta of 1.21. The company has a current ratio of 20.42, a quick ratio of 20.42 and a debt-to-equity ratio of 3.45. Enova International, Inc. has a twelve month low of $99.61 and a twelve month high of $246.38. The company has a fifty day moving average price of $190.51 and a 200 day moving average price of $165.26.

Enova International (NYSE:ENVA) last released its quarterly earnings results on Thursday, April 23rd. The credit services provider reported $3.87 EPS for the quarter, topping the consensus estimate of $3.66 by $0.21. The firm had revenue of $875.14 million for the quarter, compared to analyst estimates of $854.52 million. Enova International had a return on equity of 25.89% and a net margin of 9.95%.Enova International’s revenue for the quarter was up 17.4% on a year-over-year basis. During the same period in the previous year, the company posted $2.98 EPS. Equities research analysts forecast that Enova International, Inc. will post 15.37 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the stock. Weiss Ratings restated a “buy (b-)” rating on shares of Enova International in a report on Tuesday, April 21st. Jefferies Financial Group upped their price objective on shares of Enova International from $260.00 to $280.00 and gave the stock a “buy” rating in a research report on Wednesday, July 8th. BTIG Research raised their target price on Enova International from $199.00 to $270.00 and gave the company a “buy” rating in a report on Tuesday, June 30th. Citigroup restated an “outperform” rating on shares of Enova International in a report on Friday, June 26th. Finally, Stephens lifted their target price on shares of Enova International from $185.00 to $210.00 and gave the stock an “overweight” rating in a research report on Friday, April 24th. Eight analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, Enova International currently has an average rating of “Moderate Buy” and a consensus price target of $246.67.

Enova International Profile

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.