Rhumbline Advisers grew its holdings in shares of Enova International Inc (NYSE:ENVA) by 16.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 66,351 shares of the credit services provider’s stock after purchasing an additional 9,405 shares during the quarter. Rhumbline Advisers owned approximately 0.20% of Enova International worth $892,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. State Street Corp boosted its position in shares of Enova International by 11.1% during the 2nd quarter. State Street Corp now owns 640,940 shares of the credit services provider’s stock valued at $9,516,000 after acquiring an additional 63,865 shares during the last quarter. William Blair Investment Management LLC boosted its position in shares of Enova International by 82.1% during the 2nd quarter. William Blair Investment Management LLC now owns 446,499 shares of the credit services provider’s stock valued at $6,631,000 after acquiring an additional 201,291 shares during the last quarter. Ameriprise Financial Inc. boosted its position in shares of Enova International by 23.9% during the 2nd quarter. Ameriprise Financial Inc. now owns 433,302 shares of the credit services provider’s stock valued at $6,434,000 after acquiring an additional 83,475 shares during the last quarter. Bank of New York Mellon Corp boosted its position in shares of Enova International by 20.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 409,616 shares of the credit services provider’s stock valued at $6,083,000 after acquiring an additional 70,637 shares during the last quarter. Finally, TIAA CREF Investment Management LLC boosted its position in shares of Enova International by 108.3% during the 2nd quarter. TIAA CREF Investment Management LLC now owns 389,302 shares of the credit services provider’s stock valued at $5,781,000 after acquiring an additional 202,404 shares during the last quarter. 97.34% of the stock is currently owned by institutional investors.

Shares of Enova International Inc (NYSE ENVA) traded down $0.20 during trading hours on Friday, reaching $14.85. 161,300 shares of the company’s stock were exchanged, compared to its average volume of 282,252. The company has a debt-to-equity ratio of 2.79, a current ratio of 8.14 and a quick ratio of 8.14. The stock has a market capitalization of $503.64, a price-to-earnings ratio of 13.20 and a beta of 3.45. Enova International Inc has a one year low of $11.15 and a one year high of $16.80.

Enova International (NYSE:ENVA) last issued its quarterly earnings results on Thursday, October 26th. The credit services provider reported $0.25 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.16 by $0.09. The company had revenue of $217.88 million for the quarter, compared to analyst estimates of $210.27 million. Enova International had a net margin of 3.87% and a return on equity of 14.85%. The business’s revenue for the quarter was up 11.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.28 earnings per share. equities analysts forecast that Enova International Inc will post 1.11 earnings per share for the current fiscal year.

Enova International announced that its Board of Directors has initiated a share buyback program on Friday, September 15th that allows the company to buyback $25.00 million in outstanding shares. This buyback authorization allows the credit services provider to repurchase up to 63% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board of directors believes its shares are undervalued.

A number of research analysts have commented on ENVA shares. Zacks Investment Research raised shares of Enova International from a “hold” rating to a “buy” rating and set a $17.00 target price on the stock in a research report on Tuesday. TheStreet raised shares of Enova International from a “d+” rating to a “c” rating in a research report on Monday, October 30th. Maxim Group reaffirmed a “buy” rating and issued a $18.00 target price on shares of Enova International in a research report on Monday, October 30th. BidaskClub raised shares of Enova International from a “hold” rating to a “buy” rating in a research report on Saturday, October 21st. Finally, ValuEngine cut shares of Enova International from a “strong-buy” rating to a “buy” rating in a research report on Saturday, October 21st. One analyst has rated the stock with a hold rating and six have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $16.75.

In other Enova International news, Director Mark Mcgowan purchased 30,000 shares of the business’s stock in a transaction on Wednesday, November 8th. The shares were bought at an average cost of $13.97 per share, for a total transaction of $419,100.00. Following the completion of the purchase, the director now directly owns 22,689 shares of the company’s stock, valued at $316,965.33. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.60% of the stock is owned by corporate insiders.

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

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