BofI Holding Inc. (NASDAQ:BOFI)’s share price rose 2.5% during mid-day trading on Monday . The stock traded as high as $19.76 and last traded at $19.59, with a volume of 784,958 shares changing hands. The stock had previously closed at $19.12.

BOFI has been the topic of several recent analyst reports. Vetr raised BofI Holding from a “sell” rating to a “strong-buy” rating and set a $20.80 price target on the stock in a research note on Wednesday, July 13th. DA Davidson reissued a “buy” rating on shares of BofI Holding in a research note on Tuesday. Zacks Investment Research raised BofI Holding from a “hold” rating to a “buy” rating and set a $19.00 price target on the stock in a research note on Monday, July 4th. Finally, FBR & Co reissued a “buy” rating and issued a $33.00 price target on shares of BofI Holding in a research note on Thursday, August 4th. One investment analyst has rated the stock with a hold rating, five have assigned a buy rating and two have issued a strong buy rating to the stock. BofI Holding currently has a consensus rating of “Buy” and a consensus price target of $29.79.

The company has a market capitalization of $1.33 billion and a price-to-earnings ratio of 11.39. The stock has a 50 day moving average of $17.51 and a 200 day moving average of $18.31.

BofI Holding (NASDAQ:BOFI) last posted its quarterly earnings results on Tuesday, August 2nd. The company reported $0.46 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.46. During the same period in the prior year, the business earned $1.54 EPS. Analysts forecast that BofI Holding Inc. will post $2.14 EPS for the current fiscal year.

A number of institutional investors recently bought and sold shares of the company. Airain ltd bought a new position in BofI Holding during the fourth quarter valued at about $1,043,000. Employees Retirement System of Texas raised its position 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 valued at $2,947,000 after buying an additional 115,000 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its position 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 valued at $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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