Farther Finance Advisors LLC Grows Holdings in Enova International, Inc. (NYSE:ENVA)

Farther Finance Advisors LLC grew its holdings in shares of Enova International, Inc. (NYSE:ENVA) by 672.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 371 shares of the credit services provider’s stock after buying an additional 323 shares during the quarter. Farther Finance Advisors LLC’s holdings in Enova International were worth $36,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Longboard Asset Management LP purchased a new position in shares of Enova International during the 4th quarter valued at approximately $202,000. Crossmark Global Holdings Inc. bought a new position in Enova International during the fourth quarter worth $206,000. J.Safra Asset Management Corp lifted its stake in Enova International by 205.4% during the fourth quarter. J.Safra Asset Management Corp now owns 3,552 shares of the credit services provider’s stock worth $344,000 after purchasing an additional 2,389 shares during the last quarter. Quantbot Technologies LP lifted its stake 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 purchasing an additional 1,311 shares during the last quarter. Finally, BNP Paribas Financial Markets lifted its stake 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 purchasing an additional 12,928 shares during the last quarter. 89.43% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, CFO Steven E. Cunningham sold 25,733 shares of the firm’s stock in a transaction dated Friday, February 7th. The stock was sold at an average price of $116.50, for a total transaction of $2,997,894.50. Following the completion of the sale, the chief financial officer now directly owns 155,855 shares of the company’s stock, valued at $18,157,107.50. This trade represents a 14.17 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO James Joseph Lee sold 455 shares of the firm’s stock in a transaction dated Friday, February 7th. The stock was sold at an average price of $116.59, for a total value of $53,048.45. Following the sale, 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 ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 7.80% of the company’s stock.

Enova International Trading Up 0.0 %

Shares of ENVA stock opened at $97.43 on Monday. The stock has a 50-day simple moving average of $104.22 and a 200 day simple moving average of $96.80. Enova International, Inc. has a fifty-two week low of $57.46 and a fifty-two week high of $117.56. The stock has a market capitalization of $2.51 billion, a P/E ratio of 13.09 and a beta of 1.43. The company has a quick ratio of 15.82, a current ratio of 9.52 and a debt-to-equity ratio of 2.98.

Enova International (NYSE:ENVA) last released its quarterly earnings results on Tuesday, February 4th. The credit services provider reported $2.37 earnings per share for the quarter, beating analysts’ consensus estimates 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, sell-side analysts expect that Enova International, Inc. will post 10.31 earnings per share for the current fiscal year.

Analysts Set New Price Targets

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

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.