New York State Teachers Retirement System Sells 2,074 Shares of Enova International, Inc. (NYSE:ENVA)

New York State Teachers Retirement System cut its holdings in Enova International, Inc. (NYSE:ENVA) by 4.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 48,952 shares of the credit services provider’s stock after selling 2,074 shares during the period. New York State Teachers Retirement System owned 0.19% of Enova International worth $4,694,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. Longboard Asset Management LP purchased a new position in Enova International during the 4th quarter valued at about $202,000. Crossmark Global Holdings Inc. purchased a new position in Enova International during the fourth quarter valued at approximately $206,000. F M Investments LLC bought a new stake in Enova International during the 3rd quarter worth approximately $242,000. Quantbot Technologies LP lifted its stake in Enova International by 10.2% in the 3rd quarter. Quantbot Technologies LP now owns 14,182 shares of the credit services provider’s stock worth $1,188,000 after purchasing an additional 1,311 shares in the last quarter. Finally, BNP Paribas Financial Markets boosted its holdings in Enova International by 28.6% in the 3rd quarter. BNP Paribas Financial Markets now owns 58,066 shares of the credit services provider’s stock valued at $4,865,000 after purchasing an additional 12,928 shares during the period. 89.43% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Enova International news, CAO James Joseph Lee sold 455 shares of the business’s stock in a transaction dated Friday, February 7th. The shares were sold at an average price of $116.59, for a total value of $53,048.45. Following the completion of the sale, the chief accounting officer now directly owns 21,688 shares of the company’s stock, valued at $2,528,603.92. The trade was a 2.05 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Steven E. Cunningham sold 25,733 shares of the stock in a transaction on Friday, February 7th. The stock was sold at an average price of $116.50, for a total value of $2,997,894.50. Following the transaction, the chief financial officer now directly owns 155,855 shares in the company, valued at $18,157,107.50. The trade was a 14.17 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 46,188 shares of company stock worth $5,161,543 in the last three months. 7.80% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

ENVA has been the subject of several recent analyst reports. Maxim Group boosted their target price on Enova International from $108.00 to $138.00 and gave the stock a “buy” rating in a research report on Thursday, February 6th. BTIG Research boosted their price objective on Enova International from $122.00 to $129.00 and gave the stock a “buy” rating in a report on Wednesday, February 5th. JMP Securities raised their target price on shares of Enova International from $125.00 to $135.00 and gave the company a “market outperform” rating in a research note on Wednesday, February 5th. Finally, Stephens boosted their price target on shares of Enova International from $115.00 to $136.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 5th. Three equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Enova International has an average rating of “Moderate Buy” and a consensus price target of $110.14.

Enova International Price Performance

NYSE ENVA opened at $105.77 on Friday. Enova International, Inc. has a 1-year low of $57.46 and a 1-year high of $117.56. The business’s fifty day moving average price is $104.95 and its 200-day moving average price is $94.35. The company has a debt-to-equity ratio of 2.98, a current ratio of 9.52 and a quick ratio of 15.82. The stock has a market capitalization of $2.77 billion, a price-to-earnings ratio of 14.22 and a beta of 1.50.

Enova International (NYSE:ENVA) last posted its quarterly earnings data on Tuesday, February 4th. The credit services provider reported $2.37 EPS for the quarter, topping the consensus estimate of $2.29 by $0.08. Enova International had a return on equity of 19.94% and a net margin of 7.88%. On average, equities analysts predict 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.