Fmr LLC held its stake in BofI Holding, Inc. (NASDAQ:BOFI) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 25,600 shares of the financial services provider’s stock at the end of the first quarter. Fmr LLC’s holdings in BofI Holding were worth $669,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. Ameritas Investment Partners Inc. purchased a new stake in BofI Holding during the first quarter worth $135,000. LS Investment Advisors LLC increased its stake in BofI Holding by 170.7% in the first quarter. LS Investment Advisors LLC now owns 5,653 shares of the financial services provider’s stock worth $148,000 after buying an additional 3,565 shares during the period. Howe & Rusling Inc. increased its stake in BofI Holding by 13.6% in the first quarter. Howe & Rusling Inc. now owns 5,685 shares of the financial services provider’s stock worth $149,000 after buying an additional 680 shares during the period. State of Alaska Department of Revenue increased its stake in BofI Holding by 2.1% in the first quarter. State of Alaska Department of Revenue now owns 6,360 shares of the financial services provider’s stock worth $166,000 after buying an additional 130 shares during the period. Finally, Endurance Wealth Management Inc. increased its stake in BofI Holding by 6.4% in the first quarter. Endurance Wealth Management Inc. now owns 6,688 shares of the financial services provider’s stock worth $174,000 after buying an additional 400 shares during the period. Hedge funds and other institutional investors own 87.91% of the company’s stock.

Shares of BofI Holding, Inc. (NASDAQ BOFI) opened at 27.37 on Tuesday. The firm has a 50-day moving average price of $24.19 and a 200-day moving average price of $25.86. The firm has a market capitalization of $1.74 billion, a P/E ratio of 13.22 and a beta of 0.42. BofI Holding, Inc. has a 52-week low of $15.92 and a 52-week high of $32.57.

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A number of equities research analysts have weighed in on the company. BidaskClub upgraded BofI Holding from a “sell” rating to a “hold” rating in a research report on Tuesday, June 20th. Zacks Investment Research downgraded BofI Holding from a “hold” rating to a “sell” rating in a research report on Monday, July 31st. ValuEngine downgraded BofI Holding from a “strong-buy” rating to a “buy” rating in a research report on Friday, June 2nd. Finally, DA Davidson restated a “buy” rating and issued a $33.00 target price on shares of BofI Holding in a research report on Monday, June 12th. One research analyst has rated the stock with a sell rating, one has given a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $30.18.

BofI Holding Company Profile

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, low-cost distribution channels and affinity partners. The Bank has deposit and loan customers, 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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Institutional Ownership by Quarter for BofI Holding (NASDAQ:BOFI)

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