Shares of BofI Holding Inc. (NASDAQ:BOFI) saw unusually-strong trading volume on Thursday . Approximately 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.

A number of equities research analysts recently weighed in on BOFI shares. Vetr lowered shares of BofI Holding from a “strong-buy” rating to a “buy” rating and set a $19.48 price objective for the company. in a report on Thursday, June 23rd. FBR & Co reiterated a “buy” rating on shares of BofI Holding in a report on Saturday, April 30th. Craig Hallum started coverage on shares of BofI Holding in a report on Thursday, April 7th. They set a “buy” rating and a $35.00 price objective for the company. Finally, Zacks Investment Research upgraded shares of BofI Holding from a “hold” rating to a “buy” rating and set a $19.00 price objective for the company in a report on Monday, July 4th. Six equities research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company’s stock. BofI Holding has a consensus rating of “Buy” and an average target price of $29.79.

The stock has a 50-day moving average price of $17.76 and a 200 day moving average price of $18.44. The stock has a market cap of $1.05 billion and a PE ratio of 9.37.

BofI Holding (NASDAQ:BOFI) last announced its quarterly earnings data on Thursday, April 28th. The company reported $0.56 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.56. The firm earned $92.90 million during the quarter, compared to analysts’ expectations of $75.86 million. The company’s revenue for the quarter was up 57.2% compared to the same quarter last year. During the same period in the prior year, the company posted $1.35 EPS. On average, analysts forecast that BofI Holding Inc. will post $1.86 earnings per share for the current year.

Several large investors have recently made changes to their positions in the stock. Victory Capital Management Inc. raised 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 worth $77,015,000 after buying an additional 3,510,693 shares in the last quarter. Dimensional Fund Advisors LP raised 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 worth $51,311,000 after buying an additional 1,833,599 shares in the last quarter. Pembroke Management LTD raised 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 worth $44,866,000 after buying an additional 1,632,852 shares in the last quarter. Davis Capital Partners LLC raised 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 worth $29,891,000 after buying an additional 1,090,000 shares in the last quarter. Finally, Principal Financial Group Inc. raised 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 worth $8,193,000 after buying an additional 297,553 shares in 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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