Mutual of America Capital Management LLC Increases Stock Position in Enova International, Inc. (NYSE:ENVA)

Mutual of America Capital Management LLC raised its position in shares of Enova International, Inc. (NYSE:ENVA) by 7.8% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,224 shares of the credit services provider’s stock after buying an additional 378 shares during the period. Mutual of America Capital Management LLC’s holdings in Enova International were worth $179,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently made changes to their positions in ENVA. Carolina Wealth Advisors LLC raised its holdings in Enova International by 18.4% in the 2nd quarter. Carolina Wealth Advisors LLC now owns 2,236 shares of the credit services provider’s stock worth $76,000 after purchasing an additional 348 shares in the last quarter. Oregon Public Employees Retirement Fund raised its holdings in Enova International by 2.3% in the 2nd quarter. Oregon Public Employees Retirement Fund now owns 14,789 shares of the credit services provider’s stock worth $506,000 after purchasing an additional 338 shares in the last quarter. Quantbot Technologies LP raised its holdings in Enova International by 3,341.5% in the 1st quarter. Quantbot Technologies LP now owns 20,993 shares of the credit services provider’s stock worth $744,000 after purchasing an additional 20,383 shares in the last quarter. BNP Paribas Arbitrage SA raised its holdings in Enova International by 54.1% in the 1st quarter. BNP Paribas Arbitrage SA now owns 21,542 shares of the credit services provider’s stock worth $764,000 after purchasing an additional 7,565 shares in the last quarter. Finally, Alpha Paradigm Partners LLC bought a new position in Enova International in the 1st quarter worth $1,129,000. 85.48% of the stock is owned by institutional investors and hedge funds.

Shares of ENVA stock opened at $32.38 on Friday. Enova International, Inc. has a one year low of $15.13 and a one year high of $41.06. The company’s 50-day moving average is $32.37 and its 200 day moving average is $34.27. The company has a market capitalization of $1.19 billion, a price-to-earnings ratio of 2.37 and a beta of 1.78. The company has a debt-to-equity ratio of 0.94, a quick ratio of 9.30 and a current ratio of 9.30.

Enova International (NYSE:ENVA) last announced its quarterly earnings data on Thursday, July 29th. The credit services provider reported $2.26 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.32 by $0.94. Enova International had a net margin of 48.41% and a return on equity of 36.35%. The company had revenue of $264.72 million for the quarter, compared to the consensus estimate of $261.88 million. As a group, research analysts predict that Enova International, Inc. will post 6.22 earnings per share for the current fiscal year.

Several brokerages have commented on ENVA. Zacks Investment Research upgraded shares of Enova International from a “sell” rating to a “hold” rating in a report on Friday, August 13th. Maxim Group reiterated a “hold” rating on shares of Enova International in a research note on Tuesday, August 3rd. Three analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $40.00.

In other news, CEO David Fisher sold 4,445 shares of the firm’s stock in a transaction dated Friday, July 9th. The shares were sold at an average price of $33.75, for a total transaction of $150,018.75. Following the sale, the chief executive officer now owns 506,364 shares of the company’s stock, valued at approximately $17,089,785. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders have sold a total of 13,768 shares of company stock worth $450,003 over the last three months. 6.30% of the stock is currently owned by insiders.

About Enova International

Enova International, Inc engages in the provision of online financial services. Its products and services include short-term consumer loan, line of credit accounts, instalment loans, receivables purchase agreements, credit services organization program, bank program, and decision management platform-as-a-service & analytics-as-a-service.

Further Reading: Yield Curve

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

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