BofI Holding Inc. (NASDAQ:BOFI) saw strong trading volume on Thursday . 1,639,316 shares were traded during trading, an increase of 19% from the previous session’s volume of 1,372,386 shares.The stock last traded at $17.18 and had previously closed at $17.07.

Several analysts recently commented on the company. FBR & Co reiterated a “buy” rating on shares of BofI Holding in a research report on Saturday, April 30th. Zacks Investment Research upgraded BofI Holding from a “sell” rating to a “hold” rating in a research report on Monday, June 13th. Finally, Vetr cut BofI Holding from a “strong-buy” rating to a “buy” rating and set a $19.48 price target for the company. in a research report on Thursday, June 30th. Six research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the stock. BofI Holding presently has an average rating of “Buy” and an average price target of $29.79.

The firm has a 50-day moving average price of $17.81 and a 200-day moving average price of $18.47. The firm has a market capitalization of $1.08 billion and a price-to-earnings ratio of 9.64.

BofI Holding (NASDAQ:BOFI) last issued its earnings results on Thursday, April 28th. The company reported $0.56 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.56. During the same period in the previous year, the company earned $1.35 EPS. The company earned $92.90 million during the quarter, compared to analysts’ expectations of $75.86 million. BofI Holding’s quarterly revenue was up 57.2% on a year-over-year basis. On average, equities analysts predict that BofI Holding Inc. will post $1.86 earnings per share for the current year.

Other large investors recently modified their holdings of the company. Victory Capital Management Inc. increased its stake in shares of BofI Holding by 2,372.5% in the fourth quarter. Victory Capital Management Inc. now owns 3,658,668 shares of the company’s stock valued at $77,015,000 after buying an additional 3,510,693 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in shares of BofI Holding by 303.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,437,578 shares of the company’s stock valued at $51,311,000 after buying an additional 1,833,599 shares during the last quarter. Pembroke Management LTD increased its stake in shares of BofI Holding by 327.5% in the fourth quarter. Pembroke Management LTD now owns 2,131,436 shares of the company’s stock valued at $44,866,000 after buying an additional 1,632,852 shares during the last quarter. Davis Capital Partners LLC increased its stake in shares of BofI Holding by 330.3% in the fourth quarter. Davis Capital Partners LLC now owns 1,420,000 shares of the company’s stock valued at $29,891,000 after buying an additional 1,090,000 shares during the last quarter. Finally, Principal Financial Group Inc. increased its stake in shares of BofI Holding by 324.7% in the fourth quarter. Principal Financial Group Inc. now owns 389,184 shares of the company’s stock valued at $8,193,000 after buying an additional 297,553 shares during the last quarter.

BofI Holding, Inc (BofI) is the holding company for BofI Federal Bank (the Bank). The Bank is a diversified financial services company. The Bank provides consumer and business banking products through its branchless, distribution channels and affinity partners. The Bank has deposit and loan customers across the nation, including consumer and business checking, savings and time deposit accounts and financing for single family and multifamily residential properties, small-to-medium size businesses in target sectors, and selected specialty finance receivables.

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