BofI Holding Inc. (NASDAQ:BOFI)’s share price fell 4.3% during mid-day trading on Monday . The company traded as low as $16.05 and last traded at $16.10, with a volume of 1,357,640 shares traded. The stock had previously closed at $16.82.

A number of brokerages have issued reports on BOFI. Vetr cut BofI Holding from a “hold” rating to a “sell” rating and set a $20.80 target price on the stock. in a report on Tuesday, April 12th. Craig Hallum started coverage on BofI Holding in a report on Thursday, April 7th. They set a “buy” rating and a $35.00 price objective on the stock. FBR & Co reiterated a “buy” rating on shares of BofI Holding in a report on Saturday, April 30th. Finally, Zacks Investment Research cut BofI Holding from a “hold” rating to a “sell” rating in a report on Monday, June 6th. One research analyst has rated the stock with a sell rating, five have assigned a buy rating and two have issued a strong buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $29.79.

The stock has a market cap of $1.05 billion and a price-to-earnings ratio of 9.36. The stock’s 50 day moving average price is $16.98 and its 200 day moving average price is $18.20.

BofI Holding (NASDAQ:BOFI) last issued its earnings results on Tuesday, August 2nd. The company reported $0.46 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.46. During the same period last year, the firm posted $1.54 earnings per share. On average, equities research analysts expect that BofI Holding Inc. will post $1.86 earnings per share for the current year.

A number of institutional investors have recently modified their holdings of the company. Davis Capital Partners LLC boosted 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 worth $29,891,000 after buying an additional 1,090,000 shares during the last quarter. 1492 Capital Management LLC boosted its position 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 worth $5,421,000 after buying an additional 190,263 shares during the last quarter. Deere & Co. boosted its position 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 worth $1,983,000 after buying an additional 92,394 shares during the last quarter. Century Capital Management LLC boosted its position 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 worth $4,206,000 after buying an additional 172,837 shares during the last quarter. Finally, Victory Capital Management Inc. boosted its position 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 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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