Versant Capital Management Inc Trims Stock Holdings in Enova International Inc (NYSE:ENVA)

Versant Capital Management Inc decreased its stake in Enova International Inc (NYSE:ENVA) by 36.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,586 shares of the credit services provider’s stock after selling 913 shares during the quarter. Versant Capital Management Inc’s holdings in Enova International were worth $36,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. First Quadrant L P CA increased its position in Enova International by 19.3% in the first quarter. First Quadrant L P CA now owns 6,165 shares of the credit services provider’s stock worth $141,000 after buying an additional 998 shares in the last quarter. James Investment Research Inc. increased its position in Enova International by 4.5% in the first quarter. James Investment Research Inc. now owns 35,299 shares of the credit services provider’s stock worth $806,000 after buying an additional 1,515 shares in the last quarter. Globeflex Capital L P increased its position in Enova International by 1.6% in the first quarter. Globeflex Capital L P now owns 161,789 shares of the credit services provider’s stock worth $3,692,000 after buying an additional 2,605 shares in the last quarter. Comerica Bank increased its position in Enova International by 4.7% in the first quarter. Comerica Bank now owns 61,227 shares of the credit services provider’s stock worth $1,449,000 after buying an additional 2,769 shares in the last quarter. Finally, Public Employees Retirement System of Ohio boosted its stake in shares of Enova International by 33.1% in the fourth quarter. Public Employees Retirement System of Ohio now owns 18,838 shares of the credit services provider’s stock worth $367,000 after acquiring an additional 4,687 shares during the period. Institutional investors and hedge funds own 95.23% of the company’s stock.

In other news, CEO David Fisher sold 12,000 shares of the company’s stock in a transaction dated Friday, July 26th. The stock was sold at an average price of $25.00, for a total value of $300,000.00. Following the completion of the transaction, the chief executive officer now owns 427,423 shares of the company’s stock, valued at $10,685,575. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 7.10% of the company’s stock.

A number of equities analysts have recently weighed in on ENVA shares. Maxim Group set a $40.00 price objective on Enova International and gave the stock a “buy” rating in a research note on Friday, July 26th. Zacks Investment Research raised Enova International from a “hold” rating to a “strong-buy” rating and set a $31.00 price objective for the company in a research note on Wednesday. Finally, ValuEngine raised Enova International from a “strong sell” rating to a “sell” rating in a research note on Monday. One investment analyst has rated the stock with a sell rating, two have given a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $35.33.

Shares of NYSE ENVA traded down $0.55 during mid-day trading on Friday, reaching $26.62. The company’s stock had a trading volume of 1,353 shares, compared to its average volume of 299,888. The company has a market cap of $903.46 million, a price-to-earnings ratio of 11.45 and a beta of 2.41. The company has a quick ratio of 5.88, a current ratio of 5.37 and a debt-to-equity ratio of 1.93. The firm’s fifty day simple moving average is $22.90. Enova International Inc has a 52 week low of $17.85 and a 52 week high of $36.75.

Enova International (NYSE:ENVA) last released its quarterly earnings data on Thursday, July 25th. The credit services provider reported $0.73 earnings per share for the quarter, topping analysts’ consensus estimates of $0.56 by $0.17. The firm had revenue of $285.70 million during the quarter, compared to analyst estimates of $281.54 million. Enova International had a return on equity of 24.84% and a net margin of 7.09%. The business’s quarterly revenue was up 12.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.59 earnings per share. As a group, equities research analysts anticipate that Enova International Inc will post 3.36 EPS for the current fiscal year.

Enova International Company Profile

Enova International, Inc, a technology and analytics company, provides online financial services. The company offers short-term consumer loans; line of credit accounts; installment loans; receivables purchase agreements; CSO programs, including credit-related services, such as arranging loans with independent third-party lenders and assisting in the preparation of loan applications and loan documents; and bank programs comprising technology, loan servicing, and marketing services to the bank, as well as Enova Decisions, an analytics as a service that enables companies to take decisions about their customers.

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Institutional Ownership by Quarter for Enova International (NYSE:ENVA)

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