Enova International, Inc. $ENVA Shares Acquired by Geode Capital Management LLC

Geode Capital Management LLC lifted its holdings in shares of Enova International, Inc. (NYSE:ENVA) by 3.1% during the 4th quarter, Holdings Channel reports. The firm owned 611,208 shares of the credit services provider’s stock after buying an additional 18,258 shares during the period. Geode Capital Management LLC’s holdings in Enova International were worth $96,095,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Bessemer Group Inc. raised its holdings in shares of Enova International by 174.2% in the 3rd quarter. Bessemer Group Inc. now owns 255 shares of the credit services provider’s stock valued at $30,000 after purchasing an additional 162 shares in the last quarter. FNY Investment Advisers LLC purchased a new position in Enova International in the 4th quarter valued at $31,000. Farther Finance Advisors LLC increased its stake in Enova International by 26.9% in the 4th quarter. Farther Finance Advisors LLC now owns 302 shares of the credit services provider’s stock valued at $47,000 after buying an additional 64 shares during the period. EverSource Wealth Advisors LLC raised its position 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 last quarter. Finally, Strs Ohio raised its position in Enova International by 233.3% during the 4th quarter. Strs Ohio now owns 1,000 shares of the credit services provider’s stock worth $157,000 after buying an additional 700 shares during the last quarter. Institutional investors and hedge funds own 89.43% of the company’s stock.

Wall Street Analysts Forecast Growth

ENVA has been the topic of several analyst reports. TD Cowen lifted their target price on shares of Enova International from $165.00 to $190.00 and gave the company a “buy” rating in a report on Friday, April 24th. Citizens Jmp lifted their target price on shares of Enova International from $182.00 to $195.00 and gave the company a “market outperform” rating in a report on Friday, April 24th. Wall Street Zen downgraded shares of Enova International from a “strong-buy” rating to a “buy” rating in a report on Sunday, May 10th. Stephens lifted their target price on shares of Enova International from $185.00 to $210.00 and gave the company an “overweight” rating in a report on Friday, April 24th. Finally, Maxim Group lifted their target price on shares of Enova International from $191.00 to $200.00 and gave the company a “buy” rating in a report on Monday, April 27th. One analyst has rated the stock with a Strong Buy rating and seven have assigned a Buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $198.80.

Enova International Stock Performance

NYSE:ENVA opened at $168.66 on Friday. The company has a quick ratio of 20.42, a current ratio of 20.42 and a debt-to-equity ratio of 3.45. Enova International, Inc. has a fifty-two week low of $92.75 and a fifty-two week high of $176.68. The stock has a market cap of $4.20 billion, a PE ratio of 13.66 and a beta of 1.28. The firm’s fifty day simple moving average is $158.10 and its 200-day simple moving average is $151.68.

Enova International (NYSE:ENVA) last posted its quarterly earnings results on Thursday, April 23rd. The credit services provider reported $3.87 earnings per share for the quarter, topping analysts’ consensus estimates of $3.66 by $0.21. Enova International had a net margin of 9.95% and a return on equity of 25.89%. The business had revenue of $875.14 million for the quarter, compared to analysts’ expectations of $854.52 million. During the same period in the prior year, the company posted $2.98 EPS. The business’s revenue for the quarter was up 17.4% on a year-over-year basis. Analysts expect that Enova International, Inc. will post 15.37 earnings per share for the current fiscal year.

Insider Transactions at Enova International

In other news, CEO Steven E. Cunningham sold 7,852 shares of the company’s stock in a transaction on Tuesday, April 28th. The shares were 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 of the company’s stock, valued at $21,576,847.50. This represents a 6.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Chairman David Fisher sold 20,000 shares of the company’s stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $173.18, for a total transaction of $3,463,600.00. Following the transaction, the chairman directly owned 306,444 shares in the company, valued at approximately $53,069,971.92. This trade represents a 6.13% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 50,322 shares of company stock valued at $8,491,326 in the last ninety days. 8.40% of the stock is currently owned by company insiders.

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.