LS Investment Advisors LLC lowered its position in shares of BofI Holding, Inc. (NASDAQ:BOFI) by 1.0% during the second quarter, according to its most recent filing with the SEC. The fund owned 5,596 shares of the financial services provider’s stock after selling 57 shares during the period. LS Investment Advisors LLC’s holdings in BofI Holding were worth $133,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of BOFI. Emerald Advisers Inc. PA boosted its stake in BofI Holding by 3.6% in the first quarter. Emerald Advisers Inc. PA now owns 1,391,085 shares of the financial services provider’s stock worth $36,349,000 after buying an additional 48,049 shares in the last quarter. Emerald Mutual Fund Advisers Trust boosted its stake in BofI Holding by 8.1% in the first quarter. Emerald Mutual Fund Advisers Trust now owns 1,354,436 shares of the financial services provider’s stock worth $35,391,000 after buying an additional 101,528 shares in the last quarter. K.J. Harrison & Partners Inc boosted its stake in BofI Holding by 233.3% in the first quarter. K.J. Harrison & Partners Inc now owns 25,000 shares of the financial services provider’s stock worth $653,000 after buying an additional 17,500 shares in the last quarter. Nationwide Fund Advisors boosted its stake in BofI Holding by 1.8% in the first quarter. Nationwide Fund Advisors now owns 329,250 shares of the financial services provider’s stock worth $8,603,000 after buying an additional 5,945 shares in the last quarter. Finally, Covenant Asset Management LLC boosted its stake in BofI Holding by 88.8% in the first quarter. Covenant Asset Management LLC now owns 78,443 shares of the financial services provider’s stock worth $2,050,000 after buying an additional 36,905 shares in the last quarter. 87.91% of the stock is currently owned by institutional investors and hedge funds.

Shares of BofI Holding, Inc. (NASDAQ:BOFI) traded down 1.97% during midday trading on Friday, hitting $26.93. The stock had a trading volume of 411,158 shares. The firm has a 50 day moving average price of $25.11 and a 200-day moving average price of $25.89. The stock has a market cap of $1.71 billion, a PE ratio of 13.01 and a beta of 0.42. BofI Holding, Inc. has a 52-week low of $17.71 and a 52-week high of $32.57.

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A number of equities research analysts have commented on the company. Zacks Investment Research cut BofI Holding from a “hold” rating to a “sell” rating in a report on Monday, July 31st. BidaskClub raised BofI Holding from a “buy” rating to a “strong-buy” rating in a report on Friday. DA Davidson reissued a “buy” rating and set a $33.00 price target on shares of BofI Holding in a report on Monday, June 12th. Finally, ValuEngine cut BofI Holding from a “strong-buy” rating to a “buy” rating in a report on Friday, June 2nd. One research analyst has rated the stock with a sell rating, four have given a buy rating and two have given a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average 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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