J.Safra Asset Management Corp Acquires New Holdings in Enova International, Inc. $ENVA

J.Safra Asset Management Corp acquired a new position in Enova International, Inc. (NYSE:ENVA) in the 2nd quarter, Holdings Channel reports. The institutional investor acquired 6,080 shares of the credit services provider’s stock, valued at approximately $1,464,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. McIlrath & Eck LLC acquired a new position in Enova International during the 1st quarter valued at about $34,000. Farther Finance Advisors LLC lifted its stake in shares of Enova International by 26.9% in the 4th quarter. Farther Finance Advisors LLC now owns 302 shares of the credit services provider’s stock worth $47,000 after acquiring an additional 64 shares during the period. EverSource Wealth Advisors LLC lifted its stake in shares of Enova International by 350.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 450 shares of the credit services provider’s stock worth $50,000 after acquiring an additional 350 shares during the period. Pacer Advisors Inc. boosted its holdings in shares of Enova International by 58.5% in the first quarter. Pacer Advisors Inc. now owns 412 shares of the credit services provider’s stock valued at $56,000 after acquiring an additional 152 shares in the last quarter. Finally, Parallel Advisors LLC boosted its holdings in shares of Enova International by 1,503.3% in the first quarter. Parallel Advisors LLC now owns 481 shares of the credit services provider’s stock valued at $65,000 after acquiring an additional 451 shares in the last quarter. Institutional investors own 89.43% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the stock. Jefferies Financial Group raised their price objective on shares of Enova International from $260.00 to $280.00 and gave the company a “buy” rating in a research note on Wednesday, July 8th. Citizens Jmp upped their target price on Enova International from $195.00 to $270.00 and gave the stock a “market outperform” rating in a research report on Friday, June 26th. Stephens increased their price target on Enova International from $185.00 to $210.00 and gave the company an “overweight” rating in a research note on Friday, April 24th. Zacks Research upgraded Enova International from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 29th. Finally, Citigroup reiterated a “market outperform” rating on shares of Enova International in a research report on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating and eight have assigned a Buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $247.83.

Enova International Price Performance

Shares of NYSE ENVA opened at $265.93 on Monday. Enova International, Inc. has a twelve month low of $103.02 and a twelve month high of $267.45. The company has a current ratio of 18.42, a quick ratio of 18.42 and a debt-to-equity ratio of 3.35. The company has a market capitalization of $6.62 billion, a price-to-earnings ratio of 19.71 and a beta of 1.22. The firm has a 50-day moving average of $229.76 and a two-hundred day moving average of $179.88.

Enova International (NYSE:ENVA) last posted its quarterly earnings data on Thursday, July 23rd. The credit services provider reported $4.31 earnings per share for the quarter, beating the consensus estimate of $3.99 by $0.32. The company had revenue of $928.93 million during the quarter, compared to analyst estimates of $909.61 million. Enova International had a net margin of 10.31% and a return on equity of 26.66%. The business’s revenue for the quarter was up 21.6% on a year-over-year basis. During the same quarter last year, the firm posted $3.23 EPS. As a group, analysts expect that Enova International, Inc. will post 16.3 earnings per share for the current fiscal year.

Insider Activity at Enova International

In related news, Director Mark Tebbe sold 20,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $201.37, for a total transaction of $4,027,400.00. Following the completion of the sale, the director directly owned 50,029 shares in the company, valued at approximately $10,074,339.73. This trade represents a 28.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director William M. Goodyear sold 3,500 shares of the firm’s stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $188.02, for a total transaction of $658,070.00. Following the sale, the director owned 50,820 shares of the company’s stock, valued at $9,555,176.40. The trade was a 6.44% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 72,799 shares of company stock valued at $13,880,919 over the last ninety days. Insiders own 8.40% of the company’s stock.

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.