Lazard Asset Management LLC Purchases 7,043 Shares of Enova International, Inc. (NYSE:ENVA)

Lazard Asset Management LLC grew its position in Enova International, Inc. (NYSE:ENVA) by 32.2% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 28,934 shares of the credit services provider’s stock after acquiring an additional 7,043 shares during the period. Lazard Asset Management LLC’s holdings in Enova International were worth $2,773,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the company. Farther Finance Advisors LLC raised its position in Enova International by 672.9% during the 4th quarter. Farther Finance Advisors LLC now owns 371 shares of the credit services provider’s stock worth $36,000 after purchasing an additional 323 shares during the last quarter. Sterling Capital Management LLC raised its position in Enova International by 823.0% during the 4th quarter. Sterling Capital Management LLC now owns 803 shares of the credit services provider’s stock worth $77,000 after purchasing an additional 716 shares during the last quarter. Longboard Asset Management LP acquired a new stake in Enova International during the 4th quarter worth about $202,000. Crossmark Global Holdings Inc. acquired a new stake in Enova International during the 4th quarter worth about $206,000. Finally, Cibc World Markets Corp acquired a new stake in Enova International during the 4th quarter worth about $229,000. 89.43% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, CEO David Fisher sold 2,000 shares of Enova International stock in a transaction dated Monday, April 28th. The shares were sold at an average price of $98.65, for a total value of $197,300.00. Following the completion of the transaction, the chief executive officer now owns 348,223 shares in the company, valued at $34,352,198.95. This trade represents a 0.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, General Counsel Sean Rahilly sold 9,046 shares of the firm’s stock in a transaction that occurred on Monday, May 5th. The shares were sold at an average price of $95.05, for a total transaction of $859,822.30. Following the completion of the transaction, the general counsel now owns 103,842 shares of the company’s stock, valued at $9,870,182.10. This trade represents a 8.01% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 16,046 shares of company stock worth $1,565,872. Insiders own 8.40% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on ENVA. Seaport Res Ptn raised Enova International to a “strong-buy” rating in a research note on Wednesday. Stephens upped their target price on Enova International from $115.00 to $136.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 5th. TD Cowen raised shares of Enova International from a “hold” rating to a “buy” rating and set a $17.00 price target for the company in a research report on Tuesday, April 1st. JMP Securities restated a “market outperform” rating and set a $135.00 price objective on shares of Enova International in a report on Wednesday, April 30th. Finally, Maxim Group raised their price objective on shares of Enova International from $108.00 to $138.00 and gave the company a “buy” rating in a research note on Thursday, February 6th. One equities research analyst has rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Enova International has a consensus rating of “Buy” and an average target price of $111.00.

Enova International Stock Performance

Shares of ENVA stock opened at $98.02 on Friday. The firm has a 50-day moving average of $94.41 and a 200-day moving average of $99.80. The company has a market cap of $2.49 billion, a P/E ratio of 13.18 and a beta of 1.43. The company has a debt-to-equity ratio of 2.98, a current ratio of 9.52 and a quick ratio of 15.82. Enova International, Inc. has a one year low of $57.46 and a one year high of $117.56.

Enova International (NYSE:ENVA) last announced its earnings results on Tuesday, April 29th. The credit services provider reported $2.98 EPS for the quarter, beating the consensus estimate of $2.77 by $0.21. The company had revenue of $745.54 million during the quarter, compared to the consensus estimate of $734.14 million. Enova International had a net margin of 7.88% and a return on equity of 19.94%. The firm’s revenue for the quarter was up 22.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.91 earnings per share. Equities research analysts forecast that Enova International, Inc. will post 10.31 EPS for the current fiscal year.

Enova International Profile

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.