Dupont Capital Management Corp Acquires $145,000 Position in Enova International, Inc. (NYSE:ENVA)
Dupont Capital Management Corp acquired a new interest in Enova International, Inc. (NYSE: ENVA – received rating) in the first quarter, HoldingsChannel reports. The company bought 3,808 shares of the loan servicer’s stock for approximately $145,000.
Several other institutional investors and hedge funds have also recently bought and sold shares in the company. Rowland & Co. Investment Counsel ADV increased its stake in Enova International by 16.8% in the first quarter. Rowland & Co. Investment Counsel ADV now owns 19,917 shares of the credit servicer, valued at $756,000, after purchasing an additional 2,859 shares during the period. Strs Ohio increased its stake in Enova International shares by 22.7% in the fourth quarter. Strs Ohio now owns 23,800 shares of the loan servicer, valued at $974,000, after purchasing an additional 4,400 shares during the period. Denali Advisors LLC increased its stake in Enova International shares by 10.6% during the first quarter. Denali Advisors LLC now owns 72,553 shares of the loan servicer, valued at $2,755,000, after purchasing an additional 6,928 shares during the period. UBS Asset Management Americas Inc. increased its stake in Enova International shares by 27.4% in the third quarter. UBS Asset Management Americas Inc. now owns 42,144 shares of the credit servicer, valued at $1,456,000, after purchasing an additional 9,073 shares during the period. Finally, Summit Global Investments increased its stake in Enova International shares by 130.0% in the fourth quarter. Summit Global Investments now owns 16,100 shares of the loan servicer, valued at $659,000, having purchased an additional 9,100 shares during the period. Institutional investors and hedge funds own 91.90% of the company’s shares.
Enova International Trading up 4.7%
Enova International shares 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 to equity ratio of 1.57, a current ratio of 14.64 and a quick ratio of 14.64. The stock has a market cap of $1.06 billion, a P/E 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 – received rating) last posted its quarterly earnings data on Tuesday, May 3rd. The credit servicer reported earnings per share (EPS) of $1.54 for the quarter, beating the consensus estimate of $1.44 by $0.10. The company had revenue of $386.00 million for the quarter, compared to analysts’ expectations of $381.79 million. 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. For the same period last year, the company posted earnings per share of $2.08. As a group, equities analysts expect Enova International, Inc. to post 5.77 EPS for the current fiscal year.
Analyst upgrades and downgrades
Several equity analysts have commented on ENVA stock. JMP Securities lowered its price target on shares of Enova International to $42.00 from $54.00 and gave the stock a “Market Outperform” rating in a research note on Friday, July th. StockNews.com reviewed the shares of Enova International in a research note on Friday, April 1st.
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; accounts receivable purchase contracts; CSO programs, including arranging loans with independent third-party lenders and assisting in the preparation of loan applications and loan documentation; and banking programs, such as marketing services and credit servicing for unsecured consumer installment loans.
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