AdvisorShares Investments LLC Invests $407,000 in Enova International, Inc. $ENVA

AdvisorShares Investments LLC acquired a new stake in Enova International, Inc. (NYSE:ENVA) during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 3,000 shares of the credit services provider’s stock, valued at approximately $407,000.

Other institutional investors have also made changes to their positions in the company. Farther Finance Advisors LLC lifted its position in Enova International by 26.9% during the 4th quarter. Farther Finance Advisors LLC now owns 302 shares of the credit services provider’s stock worth $47,000 after buying an additional 64 shares in the last quarter. California State Teachers Retirement System grew its holdings in shares of Enova International by 0.4% in the 2nd quarter. California State Teachers Retirement System now owns 24,268 shares of the credit services provider’s stock valued at $2,706,000 after acquiring an additional 105 shares in the last quarter. FNY Investment Advisers LLC acquired a new stake in shares of Enova International in the fourth quarter valued at about $31,000. Kendall Capital Management increased its position in shares of Enova International by 3.9% in the fourth quarter. Kendall Capital Management now owns 5,625 shares of the credit services provider’s stock valued at $884,000 after acquiring an additional 210 shares during the last quarter. Finally, GAMMA Investing LLC increased its position in shares of Enova International by 14.2% in the fourth quarter. GAMMA Investing LLC now owns 2,722 shares of the credit services provider’s stock valued at $428,000 after acquiring an additional 338 shares during the last quarter. Institutional investors own 89.43% of the company’s stock.

Enova International Stock Down 0.1%

Shares of ENVA opened at $234.87 on Monday. Enova International, Inc. has a 52 week low of $99.61 and a 52 week high of $246.38. The firm has a market cap of $5.85 billion, a P/E ratio of 19.02 and a beta of 1.21. The firm’s 50-day simple moving average is $182.84 and its 200 day simple moving average is $162.27. The company has a debt-to-equity ratio of 3.45, a quick ratio of 20.42 and a current ratio of 20.42.

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

Insider Transactions at Enova International

In related news, CEO Steven E. Cunningham sold 7,852 shares of the firm’s stock in a transaction dated Tuesday, April 28th. The shares were sold at an average price of $175.50, for a total transaction of $1,378,026.00. Following the transaction, the chief executive officer directly owned 122,945 shares of the company’s stock, valued at approximately $21,576,847.50. This trade represents a 6.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director William M. Goodyear sold 3,500 shares of the firm’s stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $188.02, for a total transaction of $658,070.00. Following the transaction, the director directly owned 50,820 shares in the company, valued at $9,555,176.40. This represents a 6.44% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 106,882 shares of company stock valued at $19,757,389. 8.40% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. Maxim Group upped their target price on Enova International from $191.00 to $200.00 and gave the stock a “buy” rating in a report on Monday, April 27th. Citigroup reaffirmed an “outperform” rating on shares of Enova International in a research report on Friday, June 26th. TD Cowen upped their price objective on Enova International from $165.00 to $190.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. Citizens Jmp raised their target price on shares of Enova International from $195.00 to $270.00 and gave the company a “market outperform” rating in a research note on Friday, June 26th. Finally, BTIG Research boosted their target price on shares of Enova International from $199.00 to $270.00 and gave the stock a “buy” rating in a report on Tuesday, June 30th. Seven research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $228.00.

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.