Russell Investments Group Ltd. Buys Shares of 143,838 Enova International Inc (ENVA)

Russell Investments Group Ltd. purchased a new position in Enova International Inc (NYSE:ENVA) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 143,838 shares of the credit services provider’s stock, valued at approximately $1,826,000. Russell Investments Group Ltd. owned 0.43% of Enova International as of its most recent SEC filing.

Separately, Matarin Capital Management LLC acquired a new position in Enova International during the third quarter worth $112,000. 70.90% of the stock is owned by hedge funds and other institutional investors.

Enova International Inc (NYSE:ENVA) traded up 0.72% during midday trading on Friday, hitting $13.90. The stock had a trading volume of 232,577 shares. The stock has a 50-day moving average price of $13.88 and a 200 day moving average price of $12.60. The firm has a market cap of $462.77 million, a P/E ratio of 13.50 and a beta of 3.60. Enova International Inc has a 12-month low of $6.12 and a 12-month high of $15.40.

Enova International (NYSE:ENVA) last announced its quarterly earnings results on Thursday, February 2nd. The credit services provider reported $0.19 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.22 by $0.03. Enova International had a return on equity of 13.72% and a net margin of 4.64%. The business had revenue of $202.40 million for the quarter, compared to analyst estimates of $199.80 million. During the same quarter last year, the company earned $0.13 EPS. The business’s revenue for the quarter was up 15.4% compared to the same quarter last year. On average, equities analysts anticipate that Enova International Inc will post $1.21 earnings per share for the current fiscal year.

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A number of equities analysts recently weighed in on ENVA shares. Zacks Investment Research cut Enova International from a “hold” rating to a “strong sell” rating in a report on Monday, February 6th. Telsey Advisory Group boosted their price objective on Enova International from $10.00 to $15.00 and gave the stock a “market perform” rating in a research note on Friday, February 3rd. Stephens initiated coverage on Enova International in a research note on Thursday, January 12th. They set an “overweight” rating for the company. Finally, Jefferies Group LLC reiterated a “buy” rating and set a $17.00 price objective on shares of Enova International in a research note on Friday, April 7th. Four research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $11.92.

In other news, VP John Higginson sold 3,500 shares of the stock in a transaction on Friday, March 17th. The shares were sold at an average price of $14.31, for a total transaction of $50,085.00. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 1.60% of the company’s stock.

Enova International Company Profile

Enova International, Inc (Enova) is a provider of online financial services to non-prime consumers and small businesses, providing access to credit powered by its advanced analytics, technology, and online platform and services. Enova has provided over four million customers around the globe access to more than $17 billion in loans and financing.