Los Angeles Capital Management LLC Has $7.71 Million Holdings in Enova International, Inc. $ENVA

Los Angeles Capital Management LLC raised its position in Enova International, Inc. (NYSE:ENVA) by 13.1% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 49,021 shares of the credit services provider’s stock after acquiring an additional 5,660 shares during the period. Los Angeles Capital Management LLC owned approximately 0.17% of Enova International worth $7,706,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Bessemer Group Inc. grew its stake in Enova International by 174.2% in the third quarter. Bessemer Group Inc. now owns 255 shares of the credit services provider’s stock valued at $30,000 after acquiring an additional 162 shares during the period. FNY Investment Advisers LLC purchased a new position in shares of Enova International during the fourth quarter valued at approximately $31,000. Farther Finance Advisors LLC boosted its position in shares of Enova International by 26.9% during the fourth quarter. Farther Finance Advisors LLC now owns 302 shares of the credit services provider’s stock valued at $47,000 after buying an additional 64 shares during the last quarter. EverSource Wealth Advisors LLC boosted its position in shares of Enova International by 350.0% during the second quarter. EverSource Wealth Advisors LLC now owns 450 shares of the credit services provider’s stock valued at $50,000 after buying an additional 350 shares during the last quarter. Finally, Strs Ohio boosted 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 valued at $157,000 after buying an additional 700 shares during the last quarter. Institutional investors and hedge funds own 89.43% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the company. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Enova International in a research report on Tuesday, April 21st. Citigroup reaffirmed an “outperform” rating on shares of Enova International in a research report on Friday, April 24th. Wall Street Zen cut Enova International from a “strong-buy” rating to a “buy” rating in a research report on Sunday, May 10th. Stephens lifted their target price on Enova International from $185.00 to $210.00 and gave the company an “overweight” rating in a research report on Friday, April 24th. Finally, Maxim Group lifted their target price on Enova International from $191.00 to $200.00 and gave the company a “buy” rating in a research report on Monday, April 27th. One analyst has rated the stock with a Strong Buy rating and seven have given a Buy rating to the company. According to MarketBeat.com, Enova International currently has a consensus rating of “Buy” and a consensus target price of $198.80.

Insider Buying and Selling

In related news, CEO Steven E. Cunningham sold 7,852 shares of Enova International stock in a transaction on Tuesday, April 28th. The stock was sold at an average price of $175.50, for a total transaction of $1,378,026.00. Following the sale, the chief executive officer directly owned 122,945 shares in the company, valued at approximately $21,576,847.50. This trade represents a 6.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director William M. Goodyear sold 5,983 shares of Enova International stock in a transaction on Monday, June 1st. The stock was sold at an average price of $163.13, for a total value of $976,006.79. Following the sale, the director owned 62,757 shares in the company, valued at $10,237,549.41. This trade represents a 8.70% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 50,322 shares of company stock worth $8,491,326. 8.40% of the stock is owned by company insiders.

Enova International Stock Up 1.6%

Shares of NYSE:ENVA opened at $171.56 on Tuesday. The business’s 50 day moving average is $158.85 and its 200 day moving average is $152.26. The stock has a market cap of $4.27 billion, a price-to-earnings ratio of 13.89 and a beta of 1.28. Enova International, Inc. has a 12-month low of $92.75 and a 12-month high of $176.68. 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 quarterly earnings results on Thursday, April 23rd. The credit services provider reported $3.87 EPS for the quarter, topping analysts’ consensus estimates of $3.66 by $0.21. The business 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 quarterly revenue was up 17.4% compared to the same quarter last year. During the same period last year, the company posted $2.98 earnings per share. On average, sell-side analysts forecast that Enova International, Inc. will post 15.37 earnings per share for the current fiscal year.

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.