Enova International Inc (NYSE:ENVA) was the target of unusually large options trading activity on Monday. Stock traders purchased 772 put options on the stock. This is an increase of 1,187% compared to the typical daily volume of 60 put options.

A number of hedge funds have recently made changes to their positions in ENVA. TIAA CREF Investment Management LLC lifted its position in Enova International by 108.3% during the second quarter. TIAA CREF Investment Management LLC now owns 389,302 shares of the credit services provider’s stock valued at $5,781,000 after buying an additional 202,404 shares in the last quarter. Bank of New York Mellon Corp raised its stake in shares of Enova International by 20.6% during the third quarter. Bank of New York Mellon Corp now owns 494,130 shares of the credit services provider’s stock valued at $6,646,000 after purchasing an additional 84,514 shares during the period. Ameriprise Financial Inc. raised its stake in shares of Enova International by 23.9% during the second quarter. Ameriprise Financial Inc. now owns 433,302 shares of the credit services provider’s stock valued at $6,434,000 after purchasing an additional 83,475 shares during the period. Dupont Capital Management Corp purchased a new stake in shares of Enova International during the third quarter valued at approximately $1,090,000. Finally, State Street Corp raised its stake in shares of Enova International by 11.1% during the second quarter. State Street Corp now owns 640,940 shares of the credit services provider’s stock valued at $9,516,000 after purchasing an additional 63,865 shares during the period. 97.46% of the stock is currently owned by hedge funds and other institutional investors.

ENVA has been the topic of several research analyst reports. Zacks Investment Research raised shares of Enova International from a “hold” rating to a “strong-buy” rating and set a $19.00 target price on the stock in a research report on Friday, January 12th. Maxim Group reaffirmed a “buy” rating and set a $18.00 price target on shares of Enova International in a research report on Monday, October 30th. ValuEngine cut shares of Enova International from a “strong-buy” rating to a “buy” rating in a research report on Saturday, October 21st. Jefferies Group reaffirmed a “buy” rating and set a $24.00 price target on shares of Enova International in a research report on Friday, February 2nd. Finally, TheStreet raised shares of Enova International from a “d+” rating to a “c” rating in a research report on Monday, October 30th. Six investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. The company has an average rating of “Buy” and an average price target of $22.40.

Enova International (NYSE:ENVA) opened at $20.40 on Friday. The firm has a market cap of $680.14, a P/E ratio of 23.72 and a beta of 3.46. The company has a debt-to-equity ratio of 2.80, a quick ratio of 8.14 and a current ratio of 9.31. Enova International has a 12-month low of $11.15 and a 12-month high of $21.30.

Enova International (NYSE:ENVA) last announced its quarterly earnings results on Thursday, February 1st. The credit services provider reported $0.26 earnings per share for the quarter, beating analysts’ consensus estimates of $0.23 by $0.03. The firm had revenue of $243.69 million for the quarter, compared to analysts’ expectations of $230.97 million. Enova International had a net margin of 3.47% and a return on equity of 14.11%. Enova International’s revenue was up 20.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.25 earnings per share. equities research analysts predict that Enova International will post 1.75 EPS for the current year.

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Enova International Company Profile

Enova International, Inc is a technology and analytics company. The Company provides online financial services. As of December 31, 2016, the Company offered or arranged loans to consumers in 33 states in the United States and in the United Kingdom and Brazil. As of December 31, 2016, it also offered financing to small businesses in all 50 states and Washington DC in the United States.

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