Livforsakringsbolaget Skandia Omsesidigt Decreases Holdings in Enova International, Inc. (NYSE:ENVA)

Livforsakringsbolaget Skandia Omsesidigt cut its holdings in shares of Enova International, Inc. (NYSE:ENVA) by 9.4% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 32,950 shares of the credit services provider’s stock after selling 3,400 shares during the quarter. Livforsakringsbolaget Skandia Omsesidigt owned 0.11% of Enova International worth $1,750,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Campbell & CO Investment Adviser LLC purchased a new position in shares of Enova International in the fourth quarter worth $360,000. Lazard Asset Management LLC increased its stake in shares of Enova International by 934.1% in the fourth quarter. Lazard Asset Management LLC now owns 14,818 shares of the credit services provider’s stock worth $568,000 after buying an additional 13,385 shares during the period. BNP Paribas Arbitrage SNC increased its stake in shares of Enova International by 39.5% in the third quarter. BNP Paribas Arbitrage SNC now owns 16,244 shares of the credit services provider’s stock worth $475,000 after buying an additional 4,602 shares during the period. MetLife Investment Management LLC increased its stake in shares of Enova International by 53.0% in the first quarter. MetLife Investment Management LLC now owns 20,678 shares of the credit services provider’s stock worth $785,000 after buying an additional 7,162 shares during the period. Finally, Summit Global Investments increased its stake in shares of Enova International by 28.9% in the first quarter. Summit Global Investments now owns 22,565 shares of the credit services provider’s stock worth $1,003,000 after buying an additional 5,065 shares during the period. 90.32% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CFO Steven E. Cunningham sold 7,892 shares of the company’s stock in a transaction dated Wednesday, August 23rd. The shares were sold at an average price of $50.25, for a total value of $396,573.00. Following the transaction, the chief financial officer now owns 169,491 shares in the company, valued at approximately $8,516,922.75. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other Enova International news, CFO Steven E. Cunningham sold 7,892 shares of the business’s stock in a transaction dated Wednesday, August 23rd. The stock was sold at an average price of $50.25, for a total value of $396,573.00. Following the completion of the transaction, the chief financial officer now owns 169,491 shares of the company’s stock, valued at approximately $8,516,922.75. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Linda Johnson Rice sold 2,920 shares of the business’s stock in a transaction dated Wednesday, August 30th. The stock was sold at an average price of $51.38, for a total value of $150,029.60. Following the completion of the transaction, the director now directly owns 14,182 shares of the company’s stock, valued at approximately $728,671.16. The disclosure for this sale can be found here. 7.80% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on ENVA shares. StockNews.com started coverage on shares of Enova International in a research note on Thursday, August 17th. They issued a “buy” rating on the stock. JMP Securities reiterated a “market outperform” rating and issued a $70.00 price target on shares of Enova International in a report on Wednesday, July 26th. Finally, Jefferies Financial Group lifted their price target on shares of Enova International from $60.00 to $63.00 in a report on Tuesday, July 11th.

Enova International Stock Performance

Shares of ENVA stock opened at $49.94 on Friday. Enova International, Inc. has a 12 month low of $28.66 and a 12 month high of $58.64. The stock has a market cap of $1.54 billion, a PE ratio of 8.07 and a beta of 1.58. The company has a current ratio of 13.37, a quick ratio of 13.37 and a debt-to-equity ratio of 1.84. The company’s fifty day moving average price is $52.74 and its 200-day moving average price is $48.98.

Enova International (NYSE:ENVA) last announced its earnings results on Tuesday, July 25th. The credit services provider reported $1.57 EPS for the quarter, beating analysts’ consensus estimates of $1.55 by $0.02. Enova International had a net margin of 10.48% and a return on equity of 17.50%. The firm had revenue of $499.43 million for the quarter, compared to analysts’ expectations of $485.55 million. On average, equities analysts expect that Enova International, Inc. will post 7.01 EPS for the current fiscal year.

Enova International Profile

Enova International, Inc operates as a financial services company with online lending that serves small businesses and consumers who are underserved by traditional banks. The company offers 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.