Tieton Capital Management LLC Raises Stake in Enova International, Inc. (NYSE:ENVA)

Tieton Capital Management LLC boosted its holdings in Enova International, Inc. (NYSE:ENVA) by 0.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 132,760 shares of the credit services provider’s stock after buying an additional 900 shares during the period. Enova International makes up about 5.1% of Tieton Capital Management LLC’s investment portfolio, making the stock its 4th largest position. Tieton Capital Management LLC owned about 0.51% of Enova International worth $12,729,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in ENVA. Quantbot Technologies LP increased its position in Enova International by 10.2% in the 3rd quarter. Quantbot Technologies LP now owns 14,182 shares of the credit services provider’s stock worth $1,188,000 after buying an additional 1,311 shares during the period. BNP Paribas Financial Markets increased its position 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 purchasing an additional 12,928 shares during the period. Crossmark Global Holdings Inc. bought a new stake in shares of Enova International during the fourth quarter valued at approximately $206,000. Longboard Asset Management LP bought a new stake in shares of Enova International during the fourth quarter valued at approximately $202,000. Finally, J.Safra Asset Management Corp increased its position in shares of Enova International by 205.4% during the fourth quarter. J.Safra Asset Management Corp now owns 3,552 shares of the credit services provider’s stock valued at $344,000 after purchasing an additional 2,389 shares during the period. 89.43% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. JMP Securities boosted their price objective on Enova International from $125.00 to $135.00 and gave the company a “market outperform” rating in a research report on Wednesday, February 5th. Stephens boosted their price objective on Enova International from $115.00 to $136.00 and gave the company an “overweight” rating in a research report on Wednesday, February 5th. Maxim Group boosted their price objective on Enova International from $108.00 to $138.00 and gave the company a “buy” rating in a research report on Thursday, February 6th. Finally, BTIG Research boosted their price objective on Enova International from $122.00 to $129.00 and gave the company a “buy” rating in a research report on Wednesday, February 5th. Three investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, Enova International currently has a consensus rating of “Moderate Buy” and an average price target of $110.14.

Insiders Place Their Bets

In other news, CAO James Joseph Lee sold 455 shares of the business’s stock in a transaction on Friday, February 7th. The stock was sold at an average price of $116.59, for a total transaction of $53,048.45. Following the completion of the sale, the chief accounting officer now owns 21,688 shares in the company, valued at $2,528,603.92. The trade was a 2.05 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Steven E. Cunningham sold 25,733 shares of the business’s stock in a transaction on Friday, February 7th. The stock was sold at an average price of $116.50, for a total value of $2,997,894.50. Following the sale, the chief financial officer now owns 155,855 shares of the company’s stock, valued at approximately $18,157,107.50. The trade was a 14.17 % decrease in their position. The disclosure for this sale can be found here. Insiders own 7.80% of the company’s stock.

Enova International Price Performance

Enova International stock opened at $97.43 on Monday. The company has a debt-to-equity ratio of 2.98, a quick ratio of 15.82 and a current ratio of 9.52. The firm has a market cap of $2.51 billion, a P/E ratio of 13.09 and a beta of 1.43. The business’s fifty day moving average is $104.22 and its two-hundred day moving average is $96.80. Enova International, Inc. has a 52 week low of $57.46 and a 52 week high of $117.56.

Enova International (NYSE:ENVA) last posted its quarterly earnings data on Tuesday, February 4th. The credit services provider reported $2.37 EPS for the quarter, topping analysts’ consensus estimates of $2.29 by $0.08. Enova International had a return on equity of 19.94% and a net margin of 7.88%. Equities research analysts forecast that Enova International, Inc. will post 10.31 earnings per share for the current fiscal year.

Enova International Profile

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.