Bank of New York Mellon Corp Sells 20,303 Shares of Enova International, Inc. (NYSE:ENVA)

Bank of New York Mellon Corp lessened its position in shares of Enova International, Inc. (NYSE:ENVA) by 9.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 186,536 shares of the credit services provider’s stock after selling 20,303 shares during the quarter. Bank of New York Mellon Corp owned about 0.71% of Enova International worth $17,885,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Longboard Asset Management LP purchased a new stake in Enova International during the 4th quarter worth approximately $202,000. Crossmark Global Holdings Inc. purchased a new stake in Enova International during the fourth quarter worth $206,000. Quantbot Technologies LP boosted its holdings in Enova International by 10.2% during the third quarter. Quantbot Technologies LP now owns 14,182 shares of the credit services provider’s stock worth $1,188,000 after buying an additional 1,311 shares in the last quarter. BNP Paribas Financial Markets boosted its holdings in Enova International by 28.6% during the third quarter. BNP Paribas Financial Markets now owns 58,066 shares of the credit services provider’s stock worth $4,865,000 after buying an additional 12,928 shares in the last quarter. Finally, Foundry Partners LLC raised its position in Enova International by 1.1% during the third quarter. Foundry Partners LLC now owns 122,756 shares of the credit services provider’s stock worth $10,286,000 after acquiring an additional 1,328 shares during the period. Institutional investors own 89.43% of the company’s stock.

Insider Activity at Enova International

In other Enova International news, CFO Steven E. Cunningham sold 25,733 shares of the business’s stock in a transaction on Friday, February 7th. The shares were sold at an average price of $116.50, for a total transaction of $2,997,894.50. Following the sale, the chief financial officer now directly owns 155,855 shares in the company, valued at approximately $18,157,107.50. The trade was a 14.17 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO James Joseph Lee sold 455 shares of Enova International stock in a transaction on Friday, February 7th. The stock was sold at an average price of $116.59, for a total value of $53,048.45. Following the transaction, the chief accounting officer now directly owns 21,688 shares of the company’s stock, valued at $2,528,603.92. This trade represents a 2.05 % decrease in their position. The disclosure for this sale can be found here. 7.80% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of equities research analysts have recently commented on ENVA shares. Maxim Group increased their target price on shares of Enova International from $108.00 to $138.00 and gave the company a “buy” rating in a research report on Thursday, February 6th. BTIG Research increased their target price on shares of Enova International from $122.00 to $129.00 and gave the company a “buy” rating in a research report on Wednesday, February 5th. JMP Securities increased 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 report on Wednesday, February 5th. Finally, Stephens increased their target price on shares of Enova International from $115.00 to $136.00 and gave the company an “overweight” rating in a research report on Wednesday, February 5th. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $110.14.

Enova International Stock Up 1.9 %

ENVA stock opened at $88.81 on Wednesday. The company has a current ratio of 9.52, a quick ratio of 15.82 and a debt-to-equity ratio of 2.98. Enova International, Inc. has a twelve month low of $57.46 and a twelve month high of $117.56. The company’s 50 day moving average is $104.92 and its two-hundred day moving average is $96.25. The stock has a market cap of $2.29 billion, a P/E ratio of 11.94 and a beta of 1.43.

Enova International (NYSE:ENVA) last released its quarterly earnings data on Tuesday, February 4th. The credit services provider reported $2.37 earnings per share for the quarter, topping analysts’ consensus estimates of $2.29 by $0.08. Enova International had a net margin of 7.88% and a return on equity of 19.94%. Research analysts expect that Enova International, Inc. will post 10.31 earnings per share for the current fiscal year.

About Enova International

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.