BofI Holding Inc. (NASDAQ:BOFI) traded up 9.8% during trading on Wednesday . The stock traded as high as $16.99 and last traded at $16.85, with a volume of 3,274,127 shares changing hands. The stock had previously closed at $15.34.

A number of equities research analysts have recently issued reports on the stock. Zacks Investment Research downgraded shares of BofI Holding from a “buy” rating to a “hold” rating in a report on Tuesday, July 19th. Vetr raised shares of BofI Holding from a “sell” rating to a “buy” rating and set a $20.80 price target on the stock in a report on Monday, April 18th. Finally, FBR & Co reissued 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 assigned a strong buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $29.79.

The firm has a 50-day moving average of $16.98 and a 200-day moving average of $18.20. The company has a market cap of $1.07 billion and a P/E ratio of 9.51.

BofI Holding (NASDAQ:BOFI) last released its quarterly earnings data on Tuesday, August 2nd. The company reported $0.46 EPS for the quarter, hitting the consensus estimate of $0.46. During the same period in the prior year, the company earned $1.54 earnings per share. On average, equities analysts anticipate that BofI Holding Inc. will post $2.17 EPS for the current year.

Other large investors have recently added to or reduced their stakes in the company. Victory Capital Management Inc. increased its stake in 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 increased its stake in 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. Davis Capital Partners LLC increased its stake in 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. Principal Financial Group Inc. increased its stake in 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. Finally, State of Wisconsin Investment Board increased its stake in BofI Holding by 210.2% in the fourth quarter. State of Wisconsin Investment Board now owns 411,943 shares of the company’s stock worth $8,671,000 after buying an additional 279,144 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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