Enova International, Inc. $ENVA Shares Sold by New York State Teachers Retirement System

New York State Teachers Retirement System trimmed its stake in shares of Enova International, Inc. (NYSE:ENVA) by 6.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 42,735 shares of the credit services provider’s stock after selling 3,008 shares during the period. New York State Teachers Retirement System’s holdings in Enova International were worth $5,805,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. SG Americas Securities LLC lifted its stake in Enova International by 2,933.1% in the 4th quarter. SG Americas Securities LLC now owns 138,975 shares of the credit services provider’s stock worth $21,847,000 after purchasing an additional 134,393 shares in the last quarter. Informed Momentum Co LLC purchased a new position in shares of Enova International during the 4th quarter worth $6,243,000. Marshall Wace LLP acquired a new stake in shares of Enova International during the fourth quarter valued at about $4,412,000. Geode Capital Management LLC increased its holdings in Enova International by 3.1% in the 4th quarter. Geode Capital Management LLC now owns 611,208 shares of the credit services provider’s stock valued at $96,095,000 after purchasing an additional 18,258 shares during the last quarter. Finally, Legato Capital Management LLC acquired a new position in Enova International during the 4th quarter worth about $1,851,000. Hedge funds and other institutional investors own 89.43% of the company’s stock.

Insider Activity at Enova International

In other 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 transaction, 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Mark Tebbe sold 20,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $201.37, for a total transaction of $4,027,400.00. Following the sale, the director owned 50,029 shares of the company’s stock, valued at $10,074,339.73. The trade was a 28.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 106,882 shares of company stock worth $19,757,389. 8.40% of the stock is currently owned by corporate insiders.

Enova International Stock Up 0.8%

Shares of NYSE:ENVA opened at $236.60 on Wednesday. The company has a 50 day moving average of $185.56 and a two-hundred day moving average of $163.32. The company has a quick ratio of 20.42, a current ratio of 20.42 and a debt-to-equity ratio of 3.45. The company has a market capitalization of $5.89 billion, a price-to-earnings ratio of 19.16 and a beta of 1.21. Enova International, Inc. has a 52-week low of $99.61 and a 52-week high of $246.38.

Enova International (NYSE:ENVA) last announced its quarterly earnings data on Thursday, April 23rd. The credit services provider reported $3.87 earnings per share for the quarter, beating the consensus estimate of $3.66 by $0.21. The firm had revenue of $875.14 million during 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% on a year-over-year basis. During the same period in the previous year, the company earned $2.98 earnings per share. As a group, analysts forecast that Enova International, Inc. will post 15.37 earnings per share for the current fiscal year.

Analyst Ratings Changes

ENVA has been the subject of a number of recent research reports. Weiss Ratings reiterated a “buy (b-)” rating on shares of Enova International in a research note on Tuesday, April 21st. Stephens upped their price target on Enova International from $185.00 to $210.00 and gave the stock an “overweight” rating in a research note on Friday, April 24th. Wall Street Zen lowered Enova International from a “strong-buy” rating to a “buy” rating in a report on Sunday, May 10th. Maxim Group raised their price objective on shares of Enova International from $191.00 to $200.00 and gave the company a “buy” rating in a research note on Monday, April 27th. Finally, TD Cowen lifted their price objective on Enova International from $190.00 to $250.00 and gave the stock a “buy” rating in a report on Tuesday. Seven research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $240.00.

About Enova International

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.