TD Waterhouse Canada Inc. increased its stake in shares of Enova International, Inc. (NYSE:ENVA – Free Report) by 23.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 40,478 shares of the credit services provider’s stock after acquiring an additional 7,630 shares during the quarter. TD Waterhouse Canada Inc. owned about 0.16% of Enova International worth $9,803,000 at the end of the most recent reporting period.
Several other large investors have also recently added to or reduced their stakes in ENVA. GAMMA Investing LLC lifted its position in shares of Enova International by 2.6% during the 2nd quarter. GAMMA Investing LLC now owns 2,897 shares of the credit services provider’s stock worth $697,000 after buying an additional 73 shares during the period. California State Teachers Retirement System boosted its stake in Enova International by 0.4% in the second quarter. California State Teachers Retirement System now owns 24,268 shares of the credit services provider’s stock valued at $2,706,000 after acquiring an additional 105 shares during the last quarter. Pacer Advisors Inc. boosted its position 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 purchasing an additional 152 shares during the last quarter. McIlrath & Eck LLC acquired a new position in Enova International during the first quarter valued at approximately $34,000. Finally, EverSource Wealth Advisors LLC raised its stake in Enova International by 350.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 450 shares of the credit services provider’s stock worth $50,000 after buying an additional 350 shares during the period. Institutional investors and hedge funds own 89.43% of the company’s stock.
Insider Buying and Selling
In related news, Chairman David Fisher sold 9,078 shares of the firm’s stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of $239.16, for a total transaction of $2,171,094.48. Following the completion of the transaction, the chairman directly owned 306,444 shares of the company’s stock, valued at $73,289,147.04. This trade represents a 2.88% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Mark Tebbe sold 20,000 shares of Enova International stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $201.37, for a total value of $4,027,400.00. Following the transaction, the director directly owned 50,029 shares in the company, 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. Insiders have sold a total of 75,129 shares of company stock valued at $15,753,056 over the last 90 days. 8.40% of the stock is owned by insiders.
Enova International Stock Down 1.1%
Enova International (NYSE:ENVA – Get Free Report) last announced its quarterly earnings data on Thursday, July 23rd. The credit services provider reported $4.31 earnings per share for the quarter, topping the consensus estimate of $3.99 by $0.32. Enova International had a return on equity of 26.66% and a net margin of 10.31%.The business had revenue of $928.93 million during the quarter, compared to the consensus estimate of $909.61 million. During the same period in the prior year, the company earned $3.23 EPS. Enova International’s revenue for the quarter was up 21.6% on a year-over-year basis. Sell-side analysts anticipate that Enova International, Inc. will post 16.3 EPS for the current fiscal year.
Wall Street Analyst Weigh In
ENVA has been the topic of a number of research analyst reports. Zacks Research upgraded shares of Enova International from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 29th. TD Cowen upped their price objective on Enova International from $250.00 to $257.00 and gave the stock a “buy” rating in a research note on Friday, July 24th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Enova International in a research note on Friday, July 17th. Citizens Jmp lifted their price objective on shares of Enova International from $195.00 to $270.00 and gave the stock a “market outperform” rating in a research report on Friday, June 26th. Finally, Citigroup restated a “market outperform” rating on shares of Enova International in a report on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating and eight have assigned a Buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $247.83.
Get Our Latest Research Report on Enova International
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.
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