Keefe, Bruyette & Woods restated their market perform rating on shares of BofI Holding, Inc. (NASDAQ:BOFI) in a research note issued to investors on Monday morning, Marketbeat.com reports. They currently have a $31.00 price objective on the financial services provider’s stock.

Other equities analysts have also recently issued research reports about the stock. Craig Hallum reaffirmed a buy rating and set a $39.00 price target (up previously from $35.00) on shares of BofI Holding in a research report on Wednesday, October 4th. FBR & Co reaffirmed a buy rating and set a $37.00 price target on shares of BofI Holding in a research report on Friday, September 29th. ValuEngine cut shares of BofI Holding from a strong-buy rating to a buy rating in a research report on Thursday, August 24th. BidaskClub cut shares of BofI Holding from a strong-buy rating to a buy rating in a research report on Saturday, August 19th. Finally, DA Davidson reaffirmed a buy rating and set a $33.00 price target 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 assigned a hold rating and six have assigned a buy rating to the company’s stock. The company has an average rating of Buy and an average price target of $34.00.

Shares of BofI Holding (NASDAQ BOFI) opened at 27.46 on Monday. The firm has a market cap of $1.75 billion, a PE ratio of 13.27 and a beta of 0.39. BofI Holding has a 52-week low of $17.95 and a 52-week high of $32.57. The stock’s 50 day moving average price is $26.79 and its 200-day moving average price is $25.14.

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A number of institutional investors and hedge funds have recently added to or reduced their stakes in BOFI. Bank of New York Mellon Corp raised its stake in BofI Holding by 3.0% during the first quarter. Bank of New York Mellon Corp now owns 968,919 shares of the financial services provider’s stock worth $25,318,000 after acquiring an additional 28,213 shares during the period. Swiss National Bank raised its stake in BofI Holding by 1.3% during the first quarter. Swiss National Bank now owns 93,800 shares of the financial services provider’s stock worth $2,451,000 after acquiring an additional 1,200 shares during the period. UBS Asset Management Americas Inc. raised its stake in BofI Holding by 45.4% during the first quarter. UBS Asset Management Americas Inc. now owns 31,997 shares of the financial services provider’s stock worth $836,000 after acquiring an additional 9,986 shares during the period. Karp Capital Management Corp acquired a new stake in BofI Holding during the first quarter worth about $254,000. Finally, Parametric Portfolio Associates LLC raised its stake in BofI Holding by 30.9% during the first quarter. Parametric Portfolio Associates LLC now owns 86,392 shares of the financial services provider’s stock worth $2,257,000 after acquiring an additional 20,408 shares during the period. Hedge funds and other institutional investors own 88.09% of the company’s stock.

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.

Analyst Recommendations for BofI Holding (NASDAQ:BOFI)

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