BofI Holding Inc. (NASDAQ:BOFI)’s share price traded down 3.5% during mid-day trading on Tuesday . The company traded as low as $22.01 and last traded at $22.17, with a volume of 780,539 shares trading hands. The stock had previously closed at $22.98.

A number of equities analysts have recently issued reports on the stock. Vetr downgraded shares of BofI Holding from a “strong-buy” rating to a “buy” rating and set a $24.90 price target for the company. in a report on Thursday, August 25th. DA Davidson reiterated a “buy” rating on shares of BofI Holding in a report on Tuesday, August 23rd. 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, FBR & Co reissued a “buy” rating and issued a $33.00 price objective on shares of BofI Holding in a research note on Thursday, August 4th. One analyst has rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $30.38.

The stock has a market cap of $1.40 billion and a P/E ratio of 11.94. The stock has a 50 day moving average of $18.07 and a 200-day moving average of $18.55.

BofI Holding (NASDAQ:BOFI) last issued its quarterly earnings data on Tuesday, August 2nd. The company reported $0.46 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.46. During the same quarter in the prior year, the firm earned $1.54 EPS. Equities analysts predict that BofI Holding Inc. will post $2.14 earnings per share for the current fiscal year.

An institutional investor recently bought a new position in BofI Holding stock. Airain ltd acquired a new position in shares of BofI Holding Inc. (NASDAQ:BOFI) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 49,531 shares of the company’s stock, valued at approximately $1,043,000. Airain ltd owned approximately 0.08% of BofI Holding as of its most recent filing with the SEC.

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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