CSM Advisors LLC increased its stake in shares of Enova International, Inc. (NYSE:ENVA – Free Report) by 16.7% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 62,550 shares of the credit services provider’s stock after purchasing an additional 8,972 shares during the period. CSM Advisors LLC’s holdings in Enova International were worth $7,199,000 at the end of the most recent reporting period.
Other institutional investors have also recently added to or reduced their stakes in the company. Pacer Advisors Inc. purchased a new stake in Enova International in the third quarter valued at approximately $28,000. Bessemer Group Inc. boosted its position in shares of Enova International by 174.2% during the third quarter. Bessemer Group Inc. now owns 255 shares of the credit services provider’s stock worth $30,000 after buying an additional 162 shares during the period. Strs Ohio purchased a new position in shares of Enova International during the third quarter worth $35,000. EverSource Wealth Advisors LLC grew its stake in shares of Enova International by 350.0% in the second quarter. EverSource Wealth Advisors LLC now owns 450 shares of the credit services provider’s stock valued at $50,000 after buying an additional 350 shares in the last quarter. Finally, MTM Investment Management LLC acquired a new stake in shares of Enova International in the second quarter valued at $102,000. Institutional investors and hedge funds own 89.43% of the company’s stock.
Insider Buying and Selling
In other Enova International news, Director James A. Gray sold 19,999 shares of the stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $172.04, for a total value of $3,440,627.96. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Steven E. Cunningham sold 11,436 shares of Enova International stock in a transaction dated Friday, January 30th. The shares were sold at an average price of $165.13, for a total value of $1,888,426.68. Following the completion of the transaction, the chief executive officer owned 127,719 shares of the company’s stock, valued at $21,090,238.47. The trade was a 8.22% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 134,019 shares of company stock worth $22,151,701 over the last ninety days. Company insiders own 8.40% of the company’s stock.
Enova International Stock Down 0.8%
Enova International (NYSE:ENVA – Get Free Report) last released its earnings results on Tuesday, January 27th. The credit services provider reported $3.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.17 by $0.29. Enova International had a return on equity of 25.31% and a net margin of 9.78%.The firm had revenue of $1.34 billion during the quarter, compared to analyst estimates of $838.59 million. During the same period last year, the business posted $2.61 earnings per share. Enova International’s revenue was up 15.0% compared to the same quarter last year. As a group, equities analysts expect that Enova International, Inc. will post 10.31 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
Several equities analysts recently issued reports on the company. Weiss Ratings reissued a “buy (b-)” rating on shares of Enova International in a research note on Thursday, January 22nd. Wall Street Zen downgraded Enova International from a “strong-buy” rating to a “buy” rating in a research report on Sunday. Citigroup reiterated an “outperform” rating on shares of Enova International in a research note on Wednesday, January 28th. Maxim Group set a $191.00 price target on shares of Enova International in a research report on Thursday, January 29th. Finally, Zacks Research raised shares of Enova International from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 30th. One analyst has rated the stock with a Strong Buy rating and five have issued a Buy rating to the company. According to MarketBeat, Enova International presently has a consensus rating of “Buy” and an average target price of $188.00.
Read Our Latest Analysis on ENVA
About Enova International
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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