Danske Bank A S Cuts Stock Position in Enova International, Inc. $ENVA

Danske Bank A S trimmed its holdings in shares of Enova International, Inc. (NYSE:ENVA) by 97.7% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 200 shares of the credit services provider’s stock after selling 8,410 shares during the period. Danske Bank A S’s holdings in Enova International were worth $31,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. FNY Investment Advisers LLC acquired a new stake in Enova International in the 4th quarter valued at $31,000. Bessemer Group Inc. raised its position in Enova International by 174.2% during the third quarter. Bessemer Group Inc. now owns 255 shares of the credit services provider’s stock worth $30,000 after acquiring an additional 162 shares during the period. Strs Ohio purchased a new position in Enova International during the third quarter valued at $35,000. Farther Finance Advisors LLC grew its position in shares of Enova International by 26.9% in the fourth quarter. Farther Finance Advisors LLC now owns 302 shares of the credit services provider’s stock valued at $47,000 after purchasing an additional 64 shares during the period. Finally, EverSource Wealth Advisors LLC grew its position 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 during the period. Hedge funds and other institutional investors own 89.43% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the stock. BTIG Research reissued a “buy” rating and set a $199.00 target price on shares of Enova International in a research note on Thursday, April 23rd. Wall Street Zen upgraded Enova International from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 2nd. TD Cowen boosted their price objective on Enova International from $165.00 to $190.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. Citigroup reissued an “outperform” rating on shares of Enova International in a report on Friday, April 24th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Enova International in a research report on Tuesday, April 21st. One investment analyst has rated the stock with a Strong Buy rating and seven have given a Buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $198.80.

Enova International Trading Up 1.5%

Shares of ENVA opened at $175.11 on Friday. Enova International, Inc. has a 52-week low of $89.00 and a 52-week high of $176.68. The stock has a market cap of $4.36 billion, a PE ratio of 14.18 and a beta of 1.32. The firm’s fifty day moving average is $147.68 and its two-hundred day moving average is $145.66. The company has a quick ratio of 20.42, a current ratio of 20.42 and a debt-to-equity ratio of 3.45.

Enova International (NYSE:ENVA) last issued its earnings results on Thursday, April 23rd. The credit services provider reported $3.87 EPS for the quarter, beating analysts’ consensus estimates of $3.66 by $0.21. The business had revenue of $875.14 million during the quarter, compared to analysts’ expectations of $854.52 million. Enova International had a net margin of 9.95% and a return on equity of 25.89%. The company’s quarterly revenue was up 17.4% compared to the same quarter last year. During the same period in the prior year, the business earned $2.98 earnings per share. Research analysts forecast that Enova International, Inc. will post 15.37 earnings per share for the current fiscal year.

Insider Activity

In other Enova International news, CEO Steven E. Cunningham sold 7,852 shares of the stock in a transaction dated Tuesday, April 28th. The shares were sold at an average price of $175.50, for a total value of $1,378,026.00. Following the completion of the sale, the chief executive officer owned 122,945 shares in the company, valued at approximately $21,576,847.50. This represents a 6.00% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Chairman David Fisher sold 7,143 shares of the firm’s stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $149.49, for a total transaction of $1,067,807.07. Following the completion of the transaction, the chairman directly owned 326,444 shares in the company, valued at $48,800,113.56. This trade represents a 2.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 8.40% of the stock is currently owned by corporate insiders.

Enova International Company 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.