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

Longboard Asset Management LP purchased a new position in Enova International, Inc. (NYSE:ENVA) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 2,104 shares of the credit services provider’s stock, valued at approximately $202,000.

Several other hedge funds have also made changes to their positions in the stock. Foundry Partners LLC lifted its holdings in shares of Enova International by 1.1% in the 3rd quarter. Foundry Partners LLC now owns 122,756 shares of the credit services provider’s stock worth $10,286,000 after purchasing an additional 1,328 shares during the last quarter. BNP Paribas Financial Markets lifted its holdings in shares of Enova International by 28.6% in the 3rd quarter. BNP Paribas Financial Markets now owns 58,066 shares of the credit services provider’s stock worth $4,865,000 after purchasing an additional 12,928 shares during the last quarter. Livforsakringsbolaget Skandia Omsesidigt lifted its holdings in shares of Enova International by 1.0% in the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 20,250 shares of the credit services provider’s stock worth $1,694,000 after purchasing an additional 200 shares during the last quarter. Quantbot Technologies LP lifted its holdings in shares of 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 purchasing an additional 1,311 shares during the last quarter. Finally, SG Americas Securities LLC bought a new stake in shares of Enova International in the 3rd quarter worth approximately $772,000. Institutional investors own 89.43% of the company’s stock.

Enova International Stock Up 2.1 %

ENVA opened at $113.14 on Wednesday. Enova International, Inc. has a one year low of $53.17 and a one year high of $115.07. The company has a debt-to-equity ratio of 2.79, a quick ratio of 15.82 and a current ratio of 15.82. The stock’s fifty day moving average is $103.17 and its 200-day moving average is $91.69. The company has a market capitalization of $2.97 billion, a PE ratio of 18.04 and a beta of 1.49.

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 18.41% and a net margin of 7.19%. On average, equities analysts predict that Enova International, Inc. will post 7.98 EPS for the current fiscal year.

Analysts Set New Price Targets

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

Insider Buying and Selling

In related news, CEO David Fisher sold 10,000 shares of Enova International stock in a transaction on Tuesday, November 26th. The stock was sold at an average price of $105.47, for a total value of $1,054,700.00. Following the transaction, the chief executive officer now directly owns 389,925 shares in the company, valued at $41,125,389.75. The trade was a 2.50 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 7.80% of the company’s stock.

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.