Enova International, Inc. $ENVA Stock Acquired by Prescott Group Capital Management L.L.C.

Prescott Group Capital Management L.L.C. increased its holdings in Enova International, Inc. (NYSE:ENVA) by 49.4% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 135,898 shares of the credit services provider’s stock after purchasing an additional 44,946 shares during the period. Enova International makes up 2.0% of Prescott Group Capital Management L.L.C.’s portfolio, making the stock its 7th biggest position. Prescott Group Capital Management L.L.C. owned about 0.56% of Enova International worth $22,710,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. HB Wealth Management LLC boosted its holdings in Enova International by 3.1% during the second quarter. HB Wealth Management LLC now owns 1,677 shares of the credit services provider’s stock valued at $404,000 after purchasing an additional 51 shares in the last quarter. GAMMA Investing LLC grew its stake in shares of Enova International by 2.2% in the 3rd quarter. GAMMA Investing LLC now owns 2,962 shares of the credit services provider’s stock valued at $495,000 after purchasing an additional 65 shares during the period. Kendall Capital Management grew its stake in shares of Enova International by 0.7% in the 3rd quarter. Kendall Capital Management now owns 13,035 shares of the credit services provider’s stock valued at $2,178,000 after purchasing an additional 85 shares during the period. Sequoia Financial Advisors LLC raised its holdings in shares of Enova International by 4.7% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 1,903 shares of the credit services provider’s stock worth $458,000 after buying an additional 86 shares in the last quarter. Finally, Pacer Advisors Inc. raised its holdings in shares of Enova International by 58.5% in the 1st quarter. Pacer Advisors Inc. now owns 412 shares of the credit services provider’s stock worth $56,000 after buying an additional 152 shares in the last quarter. Institutional investors and hedge funds own 89.43% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently commented on the company. Maxim Group decreased their price target on Enova International from $285.00 to $220.00 and set a “buy” rating on the stock in a research note on Monday, October 26th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Enova International in a research note on Thursday, October 15th. Wall Street Zen cut shares of Enova International from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 22nd. Citizens Jmp lifted their price target on shares of Enova International from $215.00 to $220.00 and gave the company a “market outperform” rating in a report on Friday, October 23rd. Finally, Jefferies Financial Group reduced their price target on shares of Enova International from $300.00 to $275.00 and set a “buy” rating on the stock in a research report on Wednesday, October 7th. Eight investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Enova International currently has a consensus rating of “Moderate Buy” and a consensus target price of $239.00.

Insider Activity at Enova International

In other news, Chairman David Fisher sold 9,957 shares of the firm’s stock in a transaction that occurred on Wednesday, October 28th. The shares were sold at an average price of $178.16, for a total transaction of $1,773,939.12. Following the completion of the transaction, the chairman directly owned 306,444 shares of the company’s stock, valued at $54,596,063.04. This trade represents a 3.15% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Kirk Chartier sold 27,977 shares of Enova International stock in a transaction that occurred on Tuesday, October 27th. The shares were sold at an average price of $171.51, for a total transaction of $4,798,335.27. Following the completion of the sale, the insider owned 76,995 shares in the company, valued at $13,205,412.45. This trade represents a 26.65% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 115,758 shares of company stock worth $21,490,436 over the last three months. 8.40% of the stock is currently owned by insiders.

Enova International Trading Up 0.6%

Shares of ENVA opened at $175.01 on Wednesday. The company has a quick ratio of 18.91, a current ratio of 18.92 and a debt-to-equity ratio of 3.43. Enova International, Inc. has a 12-month low of $119.02 and a 12-month high of $267.45. The firm has a market capitalization of $4.28 billion, a PE ratio of 11.59 and a beta of 1.36. The stock’s fifty day simple moving average is $190.15 and its 200-day simple moving average is $183.89.

Enova International (NYSE:ENVA) last announced its quarterly earnings data on Thursday, October 22nd. The credit services provider reported $4.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.42 by $0.06. Enova International had a net margin of 10.47% and a return on equity of 27.25%. The firm had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $1 billion. During the same period last year, the firm earned $3.36 earnings per share. The business’s revenue for the quarter was up 25.7% on a year-over-year basis. As a group, research analysts predict that Enova International, Inc. will post 16.32 earnings per share for the current year.

Enova International Company Profile

Enova International, Inc is a financial technology company that provides online financial services to consumers and small businesses. Its offerings include consumer installment loans and lines of credit, as well as small-business financing products designed to provide access to working capital. The company serves customers who may have limited access to traditional bank credit and uses data-driven underwriting and technology-enabled platforms in its lending operations.

Enova markets its products through brands including CashNetUSA and NetCredit, which provide consumer financial services, and OnDeck, which focuses on lending to small businesses.