Rhumbline Advisers increased its stake in shares of BofI Holding, Inc. (NASDAQ:BOFI) by 1.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 123,573 shares of the financial services provider’s stock after purchasing an additional 2,276 shares during the quarter. Rhumbline Advisers owned approximately 0.19% of BofI Holding worth $2,931,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of BOFI. Teachers Advisors LLC boosted its holdings in shares of BofI Holding by 4.4% during the fourth quarter. Teachers Advisors LLC now owns 99,568 shares of the financial services provider’s stock worth $2,843,000 after purchasing an additional 4,201 shares during the period. Louisiana State Employees Retirement System boosted its holdings in shares of BofI Holding by 1.3% during the first quarter. Louisiana State Employees Retirement System now owns 23,500 shares of the financial services provider’s stock worth $614,000 after purchasing an additional 300 shares during the period. State of Alaska Department of Revenue boosted its holdings in shares of BofI Holding by 2.1% during 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 purchasing an additional 130 shares during the period. Great West Life Assurance Co. Can boosted its holdings in shares of BofI Holding by 7.1% during the first quarter. Great West Life Assurance Co. Can now owns 81,114 shares of the financial services provider’s stock worth $2,119,000 after purchasing an additional 5,361 shares during the period. Finally, LSV Asset Management boosted its holdings in shares of BofI Holding by 41.8% during the first quarter. LSV Asset Management now owns 70,600 shares of the financial services provider’s stock worth $1,844,000 after purchasing an additional 20,800 shares during the period. Institutional investors and hedge funds own 88.24% of the company’s stock.

Shares of BofI Holding, Inc. (NASDAQ:BOFI) opened at 24.69 on Friday. The firm has a market capitalization of $1.57 billion, a PE ratio of 11.93 and a beta of 0.40. BofI Holding, Inc. has a 12-month low of $17.95 and a 12-month high of $32.57. The company’s 50 day moving average is $26.59 and its 200 day moving average is $25.53.

Several research firms recently commented on BOFI. BidaskClub upgraded shares of BofI Holding from a “buy” rating to a “strong-buy” rating in a report on Friday, August 11th. ValuEngine cut shares of BofI Holding from a “strong-buy” rating to a “buy” rating in a report on Thursday, August 24th. Zacks Investment Research upgraded shares of BofI Holding from a “sell” rating to a “hold” rating in a report on Tuesday, June 27th. Finally, DA Davidson restated a “buy” rating and set a $33.00 price target on shares of BofI Holding in a report on Monday, June 12th. One equities research analyst has rated the stock with a sell rating and five have assigned a buy rating to the stock. BofI Holding has a consensus rating of “Buy” and an average price target of $31.50.

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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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