BNP Paribas Financial Markets Decreases Stock Position in Enova International, Inc. $ENVA

BNP Paribas Financial Markets cut its holdings in Enova International, Inc. (NYSE:ENVA) by 12.7% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 55,033 shares of the credit services provider’s stock after selling 8,034 shares during the period. BNP Paribas Financial Markets’ holdings in Enova International were worth $8,651,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in ENVA. Bessemer Group Inc. boosted its position in shares of Enova International by 174.2% in the 3rd quarter. Bessemer Group Inc. now owns 255 shares of the credit services provider’s stock worth $30,000 after buying an additional 162 shares in the last quarter. FNY Investment Advisers LLC purchased a new position in Enova International in the 4th quarter valued at about $31,000. Farther Finance Advisors LLC lifted its holdings in Enova International by 26.9% in the 4th quarter. Farther Finance Advisors LLC now owns 302 shares of the credit services provider’s stock valued at $47,000 after purchasing an additional 64 shares in the last quarter. EverSource Wealth Advisors LLC lifted its holdings in Enova International by 350.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 450 shares of the credit services provider’s stock valued at $50,000 after purchasing an additional 350 shares in the last quarter. Finally, Strs Ohio lifted its holdings in Enova International by 233.3% in the 4th quarter. Strs Ohio now owns 1,000 shares of the credit services provider’s stock valued at $157,000 after purchasing an additional 700 shares in the last quarter. 89.43% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. BTIG Research restated a “buy” rating and issued a $199.00 target price on shares of Enova International in a report on Thursday, April 23rd. Citizens Jmp upped their target price on shares of Enova International from $182.00 to $195.00 and gave the company a “market outperform” rating in a report on Friday, April 24th. Citigroup restated an “outperform” rating on shares of Enova International in a report on Friday, April 24th. Wall Street Zen lowered shares of Enova International from a “strong-buy” rating to a “buy” rating in a report on Sunday, May 10th. Finally, TD Cowen upped their target price on shares of Enova International from $165.00 to $190.00 and gave the company a “buy” rating in a report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating and seven have issued a Buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $198.80.

Insider Activity

In related news, Director William M. Goodyear sold 6,231 shares of the stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $166.08, for a total transaction of $1,034,844.48. Following the completion of the sale, the director owned 68,740 shares of the company’s stock, valued at approximately $11,416,339.20. This represents a 8.31% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Chairman David Fisher sold 20,000 shares of the stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $173.18, for a total transaction of $3,463,600.00. Following the sale, the chairman directly owned 306,444 shares of the company’s stock, valued at approximately $53,069,971.92. This trade represents a 6.13% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 50,322 shares of company stock valued at $8,491,326 in the last 90 days. 8.40% of the stock is currently owned by insiders.

Enova International Trading Up 1.6%

NYSE ENVA opened at $171.56 on Tuesday. Enova International, Inc. has a 12 month low of $92.75 and a 12 month high of $176.68. The company has a 50-day moving average of $158.85 and a 200-day moving average of $152.26. The company has a debt-to-equity ratio of 3.45, a current ratio of 20.42 and a quick ratio of 20.42. The company has a market cap of $4.27 billion, a P/E ratio of 13.89 and a beta of 1.28.

Enova International (NYSE:ENVA) last posted its quarterly earnings data on Thursday, April 23rd. The credit services provider reported $3.87 EPS for the quarter, beating analysts’ consensus estimates of $3.66 by $0.21. Enova International had a net margin of 9.95% and a return on equity of 25.89%. The company had revenue of $875.14 million during the quarter, compared to the consensus estimate of $854.52 million. During the same quarter in the prior year, the company posted $2.98 EPS. The company’s quarterly revenue was up 17.4% compared to the same quarter last year. As a group, equities analysts predict that Enova International, Inc. will post 15.37 earnings per share for the current year.

Enova International Profile

Enova International, Inc (NYSE: ENVA) is a Chicago-based financial services company specializing in online lending solutions. Since its founding in 2004, Enova has leveraged proprietary data analytics and technology platforms to underwrite and deliver short-term consumer loans, lines of credit and installment loans. Through its flagship consumer brand NetCredit, Enova provides flexible credit options designed to serve a wide range of borrowers, including those with limited or non-traditional credit histories.

In addition to its U.S.