Marshall Wace North America L.P. reduced its holdings in shares of Enova International Inc (NYSE:ENVA) by 81.8% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 9,042 shares of the credit services provider’s stock after selling 40,556 shares during the quarter. Marshall Wace North America L.P.’s holdings in Enova International were worth $206,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also modified their holdings of the company. Geode Capital Management LLC increased its position in shares of Enova International by 17.9% in the fourth quarter. Geode Capital Management LLC now owns 592,531 shares of the credit services provider’s stock worth $11,530,000 after purchasing an additional 90,013 shares during the period. Bank of New York Mellon Corp increased its position in shares of Enova International by 3.0% in the fourth quarter. Bank of New York Mellon Corp now owns 472,676 shares of the credit services provider’s stock worth $9,197,000 after purchasing an additional 13,942 shares during the period. Globeflex Capital L P increased its position in shares of 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 purchasing an additional 2,605 shares during the period. Tieton Capital Management LLC increased its position in shares of Enova International by 10.8% in the first quarter. Tieton Capital Management LLC now owns 153,350 shares of the credit services provider’s stock worth $3,499,000 after purchasing an additional 14,970 shares during the period. Finally, 361 Capital LLC increased its position in shares of Enova International by 9.1% in the first quarter. 361 Capital LLC now owns 114,245 shares of the credit services provider’s stock worth $2,607,000 after purchasing an additional 9,550 shares during the period. 95.12% of the stock is owned by institutional investors.
Shares of ENVA stock traded down $0.05 during mid-day trading on Friday, reaching $21.29. 188,235 shares of the stock traded hands, compared to its average volume of 230,651. The business has a fifty day moving average price of $22.54. Enova International Inc has a 1-year low of $17.85 and a 1-year high of $39.00. The stock has a market capitalization of $719.73 million, a P/E ratio of 9.18 and a beta of 2.41. The company has a debt-to-equity ratio of 2.09, a quick ratio of 5.88 and a current ratio of 5.88.
A number of research analysts have issued reports on the company. ValuEngine cut Yext from a “strong-buy” rating to a “buy” rating in a research report on Friday, May 10th. Zacks Investment Research cut Hancock Jaffe Laboratories from a “buy” rating to a “hold” rating in a research report on Wednesday, June 26th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $37.50.
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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