Dupont Capital Management Corp has acquired a new stake in Enova International, Inc. (NYSE: ENVA – Get a rating) during the first trimester, HoldingsChannel reports. The company bought 3,808 shares of the credit service provider, valued at around $145,000.
Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Rowland & Co. Investment Counsel ADV increased its stake in Enova International by 16.8% during the first quarter. Rowland & Co. Investment Counsel ADV now owns 19,917 shares of the credit services provider worth $756,000 after acquiring 2,859 additional shares during the period. Strs Ohio increased its stake in shares of Enova International by 22.7% in the fourth quarter. Strs Ohio now owns 23,800 shares of the credit service provider valued at $974,000 after purchasing an additional 4,400 shares during the period. Denali Advisors LLC increased its stake in shares of Enova International by 10.6% in the first quarter. Denali Advisors LLC now owns 72,553 shares of the credit service provider valued at $2,755,000 after purchasing an additional 6,928 shares during the period. UBS Asset Management Americas Inc. increased its stake in shares of Enova International by 27.4% in the third quarter. UBS Asset Management Americas Inc. now owns 42,144 shares of the credit services provider valued at $1,456,000 after purchasing an additional 9,073 shares during the period. Finally, Summit Global Investments increased its stake in shares of Enova International by 130.0% in the fourth quarter. Summit Global Investments now owns 16,100 shares of the credit service provider valued at $659,000 after purchasing an additional 9,100 shares during the period. Institutional investors and hedge funds own 91.90% of the company’s shares.
Enova International trades up 4.7%
Enova International stock opened at $32.61 on Wednesday. The company has a 50-day simple moving average of $29.93 and a 200-day simple moving average of $36.01. The company has a debt ratio of 1.57, a current ratio of 14.64 and a quick ratio of 14.64. The stock has a market capitalization of $1.06 billion, a PE ratio of 5.21 and a beta of 1.41. Enova International, Inc. has a 12-month low of $25.80 and a 12-month high of $47.88.
Enova International (NYSE: ENVA – Get a rating) last released its quarterly earnings data on Tuesday, May 3. The credit service provider reported earnings per share (EPS) of $1.54 for the quarter, beating the consensus estimate of $1.44 by $0.10. The company posted revenue of $386.00 million in the quarter, compared to $381.79 million expected by analysts. Enova International had a net margin of 17.45% and a return on equity of 22.31%. The company’s revenue increased 49.0% year over year. During the same period last year, the firm posted earnings per share of $2.08. As a group, equity research analysts expect Enova International, Inc. to post EPS of 5.77 for the current fiscal year.
Analyst upgrades and downgrades
Several equity research analysts have commented on ENVA shares. JMP Securities lowered its price target on Enova International shares from $54.00 to $42.00 and set a “market outperformance” rating on the stock in a Friday, July 15 research note. StockNews.com upgraded shares of Enova International from a “hold” to a “buy” rating in a Friday, April 1 research note.
About Enova International
Enova International, Inc, a technology and analytics company, provides online financial services in the United States, Brazil, Australia and Canada. The company offers installment loans; line of credit accounts; debt purchase agreements; CSO programs, including arranging loans with independent third-party lenders and assisting in the preparation of loan applications and loan documents; and banking programs, such as marketing services and loan servicing for prime unsecured consumer installment loans.
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