Arkadios Wealth Advisors Acquires New Holdings in Enova International, Inc. $ENVA

Arkadios Wealth Advisors acquired a new stake in Enova International, Inc. (NYSE:ENVA) during the second quarter, HoldingsChannel.com reports. The institutional investor acquired 19,447 shares of the credit services provider’s stock, valued at approximately $2,169,000.

Other large investors have also recently added to or reduced their stakes in the company. BI Asset Management Fondsmaeglerselskab A S acquired a new stake in Enova International in the 1st quarter valued at about $56,000. GAMMA Investing LLC grew its stake in Enova International by 56.5% in the 1st quarter. GAMMA Investing LLC now owns 1,729 shares of the credit services provider’s stock valued at $167,000 after acquiring an additional 624 shares during the last quarter. Kendall Capital Management acquired a new stake in Enova International in the 2nd quarter valued at about $544,000. J.Safra Asset Management Corp grew its stake in Enova International by 40.8% in the 2nd quarter. J.Safra Asset Management Corp now owns 5,327 shares of the credit services provider’s stock valued at $591,000 after acquiring an additional 1,543 shares during the last quarter. Finally, Amundi acquired a new stake in Enova International in the 1st quarter valued at about $1,886,000. 89.43% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the company. JMP Securities boosted their price target on Enova International from $135.00 to $149.00 and gave the stock a “market outperform” rating in a report on Friday, October 24th. BTIG Research boosted their price target on Enova International from $129.00 to $144.00 and gave the stock a “buy” rating in a report on Friday, October 24th. Zacks Research cut Enova International from a “strong-buy” rating to a “hold” rating in a report on Thursday, September 25th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Enova International in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $116.80.

Insider Buying and Selling at Enova International

In other news, CEO David Fisher sold 35,000 shares of the stock in a transaction dated Wednesday, September 17th. The shares were sold at an average price of $125.55, for a total transaction of $4,394,250.00. Following the transaction, the chief executive officer directly owned 348,223 shares in the company, valued at $43,719,397.65. This represents a 9.13% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. In the last 90 days, insiders have sold 72,000 shares of company stock worth $8,913,450. Corporate insiders own 8.40% of the company’s stock.

Enova International Stock Performance

Enova International stock opened at $119.07 on Friday. The firm has a market capitalization of $2.95 billion, a P/E ratio of 10.94 and a beta of 1.49. The stock has a fifty day moving average price of $116.96 and a 200 day moving average price of $106.93. Enova International, Inc. has a 52 week low of $79.41 and a 52 week high of $130.34. The company has a current ratio of 19.29, a quick ratio of 18.15 and a debt-to-equity ratio of 3.20.

Enova International (NYSE:ENVA) last announced its quarterly earnings data on Thursday, October 23rd. The credit services provider reported $3.36 earnings per share for the quarter, topping the consensus estimate of $3.03 by $0.33. The business had revenue of $802.68 million for the quarter, compared to analyst estimates of $806.63 million. Enova International had a net margin of 9.64% and a return on equity of 24.50%. The company’s revenue was up 16.3% on a year-over-year basis. During the same period in the prior year, the firm posted $2.45 EPS. Equities research analysts anticipate that Enova International, Inc. will post 10.31 earnings per share for the current year.

Enova International Profile

Enova International, Inc, a technology and analytics company, provides online financial services in the United States, Brazil, and internationally. The company provides installment loans; line of credit accounts; CSO programs, including arranging loans with independent third-party lenders and assisting in the preparation of loan applications and loan documents; and bank programs, such as marketing services and loan servicing for near-prime unsecured consumer installment loan.