BofI Holding Inc. (NASDAQ:BOFI) shares rose 3.6% on Thursday . The stock traded as high as $17.90 and last traded at $17.87, with a volume of 452,077 shares traded. The stock had previously closed at $17.25.

BOFI has been the topic of several analyst reports. FBR & Co reissued a “buy” rating on shares of BofI Holding in a research report on Saturday, April 30th. Vetr raised shares of BofI Holding from a “sell” rating to a “buy” rating and set a $20.80 target price on the stock in a research report on Monday, April 18th. Finally, Zacks Investment Research raised shares of BofI Holding from a “hold” rating to a “buy” rating and set a $19.00 target price on the stock in a research report on Monday, July 4th. One investment analyst has rated the stock with a hold rating, five have given a buy rating and two have assigned a strong buy rating to the company. BofI Holding has an average rating of “Buy” and a consensus price target of $29.79.

The company has a market capitalization of $1.12 billion and a price-to-earnings ratio of 9.57. The company has a 50 day moving average of $17.04 and a 200-day moving average of $18.19.

BofI Holding (NASDAQ:BOFI) last released its earnings results on Tuesday, August 2nd. The company reported $0.46 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.46. During the same quarter last year, the company earned $1.54 EPS. On average, equities analysts anticipate that BofI Holding Inc. will post $2.13 EPS for the current year.

A number of hedge funds and institutional investors have added to or reduced their stakes in BOFI. Swiss National Bank increased its position in BofI Holding by 300.0% in the fourth quarter. Swiss National Bank now owns 75,600 shares of the company’s stock worth $1,591,000 after buying an additional 56,700 shares during the last quarter. Coe Capital Management LLC acquired a new position in BofI Holding during the fourth quarter worth about $2,809,000. California Public Employees Retirement System increased its position in BofI Holding by 288.5% in the fourth quarter. California Public Employees Retirement System now owns 243,600 shares of the company’s stock worth $5,128,000 after buying an additional 180,900 shares during the last quarter. New York State Common Retirement Fund increased its position in BofI Holding by 117.6% in the fourth quarter. New York State Common Retirement Fund now owns 183,532 shares of the company’s stock worth $3,863,000 after buying an additional 99,184 shares during the last quarter. Finally, Rhumbline Advisers increased its position in BofI Holding by 342.7% in the fourth quarter. Rhumbline Advisers now owns 77,143 shares of the company’s stock worth $1,624,000 after buying an additional 59,717 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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