New York State Teachers Retirement System Lowers Stake in Enova International, Inc. (NYSE:ENVA)

New York State Teachers Retirement System reduced its holdings in shares of Enova International, Inc. (NYSE:ENVA) by 5.7% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 67,300 shares of the credit services provider’s stock after selling 4,047 shares during the period. New York State Teachers Retirement System’s holdings in Enova International were worth $3,726,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of ENVA. Headinvest LLC purchased a new position in Enova International during the 3rd quarter worth $28,000. UniSuper Management Pty Ltd purchased a new position in Enova International during the 2nd quarter worth $101,000. Counterpoint Mutual Funds LLC purchased a new position in Enova International during the 3rd quarter worth $117,000. Lazard Asset Management LLC purchased a new position in Enova International during the 3rd quarter worth $181,000. Finally, Campbell & CO Investment Adviser LLC purchased a new position in Enova International during the 4th quarter worth $360,000. 89.43% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have recently commented on ENVA. StockNews.com upgraded shares of Enova International from a “hold” rating to a “buy” rating in a research note on Saturday, March 23rd. TheStreet cut shares of Enova International from a “b” rating to a “c+” rating in a research note on Tuesday, January 30th. JMP Securities raised their target price on shares of Enova International from $62.00 to $73.00 and gave the stock a “market outperform” rating in a research note on Wednesday, January 31st. BMO Capital Markets raised their target price on shares of Enova International from $57.00 to $59.00 and gave the stock a “market perform” rating in a research note on Wednesday, January 31st. Finally, Jefferies Financial Group raised their target price on shares of Enova International from $70.00 to $75.00 and gave the stock a “buy” rating in a research note on Tuesday, April 9th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, Enova International presently has a consensus rating of “Moderate Buy” and an average price target of $63.00.

Insider Buying and Selling at Enova International

In other Enova International news, Director Linda Johnson Rice sold 5,000 shares of the firm’s stock in a transaction dated Wednesday, February 28th. The shares were sold at an average price of $62.12, for a total transaction of $310,600.00. Following the completion of the transaction, the director now directly owns 9,182 shares in the company, valued at approximately $570,385.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Enova International news, Director Linda Johnson Rice sold 5,000 shares of the firm’s stock in a transaction dated Wednesday, February 28th. The shares were sold at an average price of $62.12, for a total transaction of $310,600.00. Following the completion of the transaction, the director now directly owns 9,182 shares in the company, valued at approximately $570,385.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Steven E. Cunningham sold 17,548 shares of the firm’s stock in a transaction dated Friday, February 9th. The shares were sold at an average price of $56.11, for a total transaction of $984,618.28. Following the transaction, the chief financial officer now owns 150,025 shares of the company’s stock, valued at $8,417,902.75. The disclosure for this sale can be found here. In the last three months, insiders sold 30,938 shares of company stock worth $1,799,557. 7.80% of the stock is owned by corporate insiders.

Enova International Stock Down 3.1 %

Shares of NYSE ENVA opened at $59.37 on Monday. The company has a quick ratio of 10.27, a current ratio of 10.27 and a debt-to-equity ratio of 2.37. Enova International, Inc. has a 52 week low of $35.30 and a 52 week high of $64.51. The firm has a 50-day moving average price of $60.67 and a 200 day moving average price of $53.06. The stock has a market capitalization of $1.63 billion, a price-to-earnings ratio of 10.83 and a beta of 1.55.

Enova International (NYSE:ENVA) last announced its quarterly earnings data on Tuesday, January 30th. The credit services provider reported $1.62 EPS for the quarter, beating the consensus estimate of $1.54 by $0.08. Enova International had a net margin of 8.27% and a return on equity of 15.84%. The firm had revenue of $583.59 million during the quarter, compared to analysts’ expectations of $587.34 million. Equities research analysts anticipate that Enova International, Inc. will post 7.39 EPS for the current fiscal year.

Enova International Company 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.