Legal & General Group Plc increased its stake in shares of BofI Holding, Inc. (NASDAQ:BOFI) by 9.4% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 114,619 shares of the financial services provider’s stock after buying an additional 9,889 shares during the period. Legal & General Group Plc owned 0.18% of BofI Holding worth $2,719,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the stock. BlackRock Inc. boosted its holdings in shares of BofI Holding by 115,357.9% during the 1st quarter. BlackRock Inc. now owns 7,438,953 shares of the financial services provider’s stock worth $194,380,000 after buying an additional 7,432,510 shares during the period. Vanguard Group Inc. boosted its holdings in shares of BofI Holding by 31.2% during the 1st quarter. Vanguard Group Inc. now owns 5,427,899 shares of the financial services provider’s stock worth $141,831,000 after buying an additional 1,290,172 shares during the period. State Street Corp boosted its holdings in shares of BofI Holding by 8.4% during the 1st quarter. State Street Corp now owns 1,380,816 shares of the financial services provider’s stock worth $36,079,000 after buying an additional 106,592 shares during the period. Bank of New York Mellon Corp boosted its holdings in shares of BofI Holding by 2.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 993,233 shares of the financial services provider’s stock worth $23,560,000 after buying an additional 24,314 shares during the period. Finally, Rice Hall James & Associates LLC boosted its holdings in shares of BofI Holding by 55.8% during the 2nd quarter. Rice Hall James & Associates LLC now owns 809,652 shares of the financial services provider’s stock worth $19,205,000 after buying an additional 290,127 shares during the period. 88.22% of the stock is owned by institutional investors and hedge funds.

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Several brokerages have weighed in on BOFI. ValuEngine cut shares of BofI Holding from a “strong-buy” rating to a “buy” rating in a research note on Friday, June 2nd. DA Davidson reiterated a “buy” rating and issued a $33.00 price objective on shares of BofI Holding in a research note on Monday, June 12th. BidaskClub upgraded shares of BofI Holding from a “sell” rating to a “hold” rating in a research note on Tuesday, June 20th. Finally, Zacks Investment Research upgraded shares of BofI Holding from a “sell” rating to a “hold” rating in a research note on Tuesday, June 27th. One research analyst has rated the stock with a sell rating and five have given a buy rating to the stock. BofI Holding has a consensus rating of “Buy” and an average price target of $31.50.

Shares of BofI Holding, Inc. (NASDAQ:BOFI) opened at 26.63 on Wednesday. The firm has a market cap of $1.69 billion, a PE ratio of 12.86 and a beta of 0.40. BofI Holding, Inc. has a 52 week low of $17.95 and a 52 week high of $32.57. The firm has a 50-day moving average of $26.66 and a 200 day moving average of $25.24.

About BofI Holding

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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