Prudential PLC grew its position in shares of BofI Holding, Inc. (NASDAQ:BOFI) by 15.9% in the second quarter, according to its most recent filing with the SEC. The fund owned 718,500 shares of the financial services provider’s stock after acquiring an additional 98,700 shares during the quarter. Prudential PLC owned about 1.13% of BofI Holding worth $17,043,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of BOFI. Bank of New York Mellon Corp boosted its position in shares of BofI Holding by 3.0% during the 1st quarter. Bank of New York Mellon Corp now owns 968,919 shares of the financial services provider’s stock valued at $25,318,000 after acquiring an additional 28,213 shares during the last quarter. Swiss National Bank boosted its position in shares of BofI Holding by 1.3% during the 1st quarter. Swiss National Bank now owns 93,800 shares of the financial services provider’s stock valued at $2,451,000 after acquiring an additional 1,200 shares during the last quarter. UBS Asset Management Americas Inc. lifted its position in BofI Holding by 45.4% in the first quarter. UBS Asset Management Americas Inc. now owns 31,997 shares of the financial services provider’s stock worth $836,000 after buying an additional 9,986 shares during the last quarter. Karp Capital Management Corp bought a new stake in BofI Holding in the first quarter worth $254,000. Finally, Parametric Portfolio Associates LLC lifted its position in BofI Holding by 30.9% in the first quarter. Parametric Portfolio Associates LLC now owns 86,392 shares of the financial services provider’s stock worth $2,257,000 after buying an additional 20,408 shares during the last quarter. Hedge funds and other institutional investors own 88.15% of the company’s stock.

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Shares of BofI Holding, Inc. (NASDAQ BOFI) traded up 0.18% during trading on Friday, hitting $28.13. The stock had a trading volume of 45,825 shares. The company’s 50 day moving average price is $26.69 and its 200 day moving average price is $25.16. BofI Holding, Inc. has a 12 month low of $17.95 and a 12 month high of $32.57. The stock has a market cap of $1.79 billion, a price-to-earnings ratio of 13.59 and a beta of 0.39.

A number of brokerages recently issued reports on BOFI. BidaskClub upgraded BofI Holding from a “buy” rating to a “strong-buy” rating in a research report on Friday, August 11th. DA Davidson restated a “buy” rating and issued a $33.00 price target on shares of BofI Holding in a research report on Monday, June 12th. FBR & Co restated a “buy” rating and issued a $37.00 price target on shares of BofI Holding in a research report on Friday, September 29th. ValuEngine downgraded BofI Holding from a “strong-buy” rating to a “buy” rating in a research report on Thursday, August 24th. Finally, Craig Hallum restated a “buy” rating and issued a $39.00 price target (up from $35.00) on shares of BofI Holding in a research report on Wednesday. One equities research analyst has rated the stock with a sell rating and six have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $34.75.

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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