Longboard Asset Management LP Takes $202,000 Position in Enova International, Inc. (NYSE:ENVA)

Longboard Asset Management LP purchased a new stake in shares of Enova International, Inc. (NYSE:ENVA) during the fourth quarter, Holdings Channel reports. The institutional investor purchased 2,104 shares of the credit services provider’s stock, valued at approximately $202,000.

A number of other institutional investors and hedge funds have also modified their holdings of ENVA. BNP Paribas Financial Markets grew its holdings in shares of Enova International by 28.6% during the third quarter. BNP Paribas Financial Markets now owns 58,066 shares of the credit services provider’s stock valued at $4,865,000 after buying an additional 12,928 shares in the last quarter. SG Americas Securities LLC acquired a new stake in Enova International during the third quarter valued at $772,000. F M Investments LLC acquired a new stake in Enova International during the third quarter valued at $242,000. Crossmark Global Holdings Inc. acquired a new stake in Enova International during the fourth quarter valued at $206,000. Finally, Foundry Partners LLC boosted its position in Enova International by 1.1% during the third quarter. Foundry Partners LLC now owns 122,756 shares of the credit services provider’s stock valued at $10,286,000 after purchasing an additional 1,328 shares during the last quarter. Hedge funds and other institutional investors own 89.43% of the company’s stock.

Insider Buying and Selling

In related news, CEO David Fisher sold 10,000 shares of the business’s stock in a transaction dated Tuesday, December 3rd. The stock was sold at an average price of $105.59, for a total transaction of $1,055,900.00. Following the transaction, the chief executive officer now directly owns 369,905 shares in the company, valued at $39,058,268.95. The trade was a 2.63 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 7.80% of the stock is owned by insiders.

Enova International Price Performance

Shares of NYSE:ENVA opened at $113.14 on Wednesday. Enova International, Inc. has a fifty-two week low of $53.17 and a fifty-two week high of $115.07. The company has a debt-to-equity ratio of 2.79, a current ratio of 15.82 and a quick ratio of 15.82. The stock has a market capitalization of $2.97 billion, a P/E ratio of 18.04 and a beta of 1.49. The business has a 50-day moving average of $103.17 and a two-hundred day moving average of $91.69.

Enova International (NYSE:ENVA) last posted its quarterly earnings data on Tuesday, February 4th. The credit services provider reported $2.37 earnings per share for the quarter, topping the consensus estimate of $2.29 by $0.08. Enova International had a return on equity of 18.41% and a net margin of 7.19%. On average, equities research analysts predict that Enova International, Inc. will post 7.98 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts recently issued reports on ENVA shares. Stephens started coverage on Enova International in a research report on Wednesday, November 13th. They set an “overweight” rating and a $108.00 price objective for the company. BTIG Research lifted their price objective on Enova International from $90.00 to $110.00 and gave the company a “buy” rating in a research report on Wednesday, October 23rd. StockNews.com raised Enova International from a “hold” rating to a “buy” rating in a research report on Monday, October 21st. TD Cowen lifted their price objective on Enova International from $85.00 to $96.00 and gave the company a “hold” rating in a research report on Wednesday, October 23rd. Finally, JMP Securities boosted their price target on Enova International from $103.00 to $109.00 and gave the stock a “market outperform” rating in a research report on Wednesday, October 23rd. Three equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat.com, Enova International presently has an average rating of “Moderate Buy” and an average price target of $91.14.

About Enova International

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.