BofI Holding Inc. (NASDAQ:BOFI) shares traded down 4.3% on Monday . The stock traded as low as $16.05 and last traded at $16.10, with a volume of 1,357,640 shares. The stock had previously closed at $16.82.

Several research analysts recently weighed in on the stock. Zacks Investment Research downgraded shares of BofI Holding from a “hold” rating to a “sell” rating in a report on Wednesday, July 27th. Vetr raised shares of BofI Holding from a “sell” rating to a “strong-buy” rating and set a $20.80 target price for the company in a report on Wednesday, July 13th. Finally, FBR & Co reaffirmed a “buy” rating on shares of BofI Holding in a report on Saturday, April 30th. One investment analyst has rated the stock with a sell rating, five have issued a buy rating and two have given a strong buy rating to the stock. BofI Holding has an average rating of “Buy” and a consensus price target of $29.79.

The company’s 50-day moving average is $17.07 and its 200-day moving average is $18.21. The company has a market capitalization of $1.01 billion and a price-to-earnings ratio of 9.03.

Other institutional investors recently modified their holdings of the company. Davis Capital Partners LLC raised its position 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 in the last quarter. 1492 Capital Management LLC increased its stake in shares of BofI Holding by 282.9% in the fourth quarter. 1492 Capital Management LLC now owns 257,515 shares of the company’s stock valued at $5,421,000 after buying an additional 190,263 shares during the last quarter. Deere & Co. increased its stake in shares of BofI Holding by 5,079.4% in the fourth quarter. Deere & Co. now owns 94,213 shares of the company’s stock valued at $1,983,000 after buying an additional 92,394 shares during the last quarter. Century Capital Management LLC increased its stake in shares of BofI Holding by 640.7% in the fourth quarter. Century Capital Management LLC now owns 199,812 shares of the company’s stock valued at $4,206,000 after buying an additional 172,837 shares during the last quarter. Finally, 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.

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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