Shares of BofI Holding Inc. (NASDAQ:BOFI) traded down 1.4% during trading on Monday . The company traded as low as $18.02 and last traded at $18.07, with a volume of 630,660 shares traded. The stock had previously closed at $18.32.

A number of analysts recently commented on the stock. FBR & Co reiterated a “buy” rating on shares of BofI Holding in a research note on Saturday, April 30th. Zacks Investment Research cut shares of BofI Holding from a “hold” rating to a “sell” rating in a research note on Monday, June 6th. Finally, Vetr cut shares of BofI Holding from a “strong-buy” rating to a “buy” rating and set a $19.48 target price for the company. in a research note on Thursday, June 30th. One research analyst has rated the stock with a hold rating, five have given a buy rating and two have given a strong buy rating to the stock. The stock has an average rating of “Buy” and an average target price of $29.79.

The company’s 50 day moving average is $17.21 and its 200 day moving average is $18.20. The firm has a market capitalization of $1.16 billion and a price-to-earnings ratio of 9.91.

BofI Holding (NASDAQ:BOFI) last issued its quarterly earnings results on Tuesday, August 2nd. The company reported $0.46 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.46. During the same quarter in the previous year, the business earned $1.54 EPS. On average, equities analysts predict that BofI Holding Inc. will post $2.13 earnings per share for the current year.

Several hedge funds have recently added to or reduced their stakes in BOFI. Spectrum Advisory Services Inc. raised its stake in BofI Holding by 304.5% in the fourth quarter. Spectrum Advisory Services Inc. now owns 135,350 shares of the company’s stock worth $2,849,000 after buying an additional 101,885 shares during the last quarter. Coe Capital Management LLC purchased a new stake in BofI Holding during the fourth quarter worth $2,809,000. Airain ltd purchased a new stake in BofI Holding during the fourth quarter worth $1,043,000. Employees Retirement System of Texas raised its stake in BofI Holding by 460.0% in the fourth quarter. Employees Retirement System of Texas now owns 140,000 shares of the company’s stock worth $2,947,000 after buying an additional 115,000 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised 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 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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