SG Americas Securities LLC increased its stake in the shares of Enova International, Inc. (NYSE: ENVA – Get a rating) by 27.5% in Q1, according to its most recent 13F filing with the Securities and Exchange Commission. The company held 3,813 shares of the credit service provider after purchasing an additional 823 shares during the quarter. SG Americas Securities LLC’s holdings in Enova International were worth $145,000 at the end of the most recent reporting period.
Several other hedge funds have also recently bought and sold stocks. The New York State Common Retirement Fund increased its position in Enova International by 19.7% during the fourth quarter. The New York State Common Retirement Fund now owns 63,095 shares of the credit service provider worth $2,584,000 after purchasing an additional 10,392 shares during the period. Rowland & Co. Investment Counsel ADV acquired a new stake in Enova International in the fourth quarter worth approximately $699,000. Summit Global Investments increased its stake in Enova International by 130.0% in the 4th quarter. Summit Global Investments now owns 16,100 shares of the credit service provider valued at $659,000 after buying an additional 9,100 shares in the last quarter. Denali Advisors LLC increased its equity stake in Enova International by 10.6% during the first quarter. Denali Advisors LLC now owns 72,553 shares of the credit services provider valued at $2,755,000 after acquiring 6,928 additional shares last quarter. Finally, Dupont Capital Management Corp acquired a new position in shares of Enova International in the first quarter worth approximately $145,000. 91.90% of the shares are currently held by institutional investors and hedge funds.
Enova international stock up 1.1%
ENV opened at $38.15 on Friday. The company has a debt ratio of 1.66, a current ratio of 13.45 and a quick ratio of 13.45. The company has a fifty-day moving average price of $31.18 and a 200-day moving average price of $35.16. The company has a market capitalization of $1.22 billion, a P/E ratio of 6.62 and a beta of 1.44. Enova International, Inc. has a one-year low of $25.80 and a one-year high of $47.88.
Enova International (NYSE: ENVA – Get a rating) last released its quarterly earnings data on Thursday, July 28. The credit service provider reported EPS of $1.64 for the quarter, beating the consensus estimate of $1.48 by $0.16. The company posted revenue of $407.90 million in the quarter, versus a consensus estimate of $405.15 million. Enova International achieved a net margin of 13.88% and a return on equity of 19.31%. The company’s quarterly revenue increased by 54.1% compared to the same quarter last year. In the same period a year earlier, the company posted earnings per share of $2.16. Equity research analysts expect Enova International, Inc. to post earnings per share of 6.05 for the current fiscal year.
Analysts set new price targets
Separately, JMP Securities cut its price target on Enova International shares from $54.00 to $42.00 and set a “market outperformance” rating on the stock in a Friday 15th research report. July.
Enova international profile
Enova International, Inc, a technology and analytics company, provides online financial services in the United States, Brazil, Australia and Canada. The company offers installment loans; line of credit accounts; debt purchase agreements; CSO programs, including arranging loans with independent third-party lenders and assisting in the preparation of loan applications and loan documents; and banking programs, such as marketing services and loan servicing for prime unsecured consumer installment loans.
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