Texas Yale Capital Corp. acquired a new stake in shares of BofI Holding, Inc. (NASDAQ:BOFI) during the fourth quarter, Holdings Channel reports. The firm acquired 9,925 shares of the financial services provider’s stock, valued at approximately $297,000.

A number of other hedge funds have also recently bought and sold shares of BOFI. Mesirow Financial Investment Management Equity Management bought a new position in BofI during the fourth quarter valued at $21,991,000. APG Asset Management N.V. grew its holdings in shares of BofI by 691.1% in the fourth quarter. APG Asset Management N.V. now owns 407,400 shares of the financial services provider’s stock worth $10,144,000 after purchasing an additional 355,900 shares during the last quarter. OxFORD Asset Management LLP bought a new position in shares of BofI in the third quarter worth about $5,993,000. Vanguard Group Inc. grew its holdings in shares of BofI by 2.3% in the second quarter. Vanguard Group Inc. now owns 5,550,221 shares of the financial services provider’s stock worth $131,652,000 after purchasing an additional 122,322 shares during the last quarter. Finally, Hennessy Advisors Inc. bought a new position in shares of BofI in the fourth quarter worth about $3,588,000. Institutional investors and hedge funds own 84.15% of the company’s stock.

In related news, Director Mosich Nick sold 18,308 shares of the company’s stock in a transaction dated Friday, December 1st. The shares were sold at an average price of $27.75, for a total value of $508,047.00. Following the completion of the sale, the director now directly owns 83,018 shares of the company’s stock, valued at $2,303,749.50. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 6.24% of the stock is owned by corporate insiders.

BOFI has been the topic of a number of research analyst reports. BidaskClub upgraded shares of BofI from a “hold” rating to a “buy” rating in a report on Saturday, December 2nd. FBR & Co restated a “buy” rating and issued a $36.00 price target (down from $37.00) on shares of BofI in a report on Thursday, October 26th. Zacks Investment Research upgraded shares of BofI from a “hold” rating to a “buy” rating and set a $33.00 price target on the stock in a report on Wednesday, December 27th. Sandler O’Neill restated a “buy” rating and issued a $38.00 price target on shares of BofI in a report on Wednesday, January 31st. Finally, Stephens restated a “buy” rating and issued a $39.00 price target on shares of BofI in a report on Thursday, February 1st. Two investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $36.00.

Shares of BofI Holding, Inc. (NASDAQ BOFI) opened at $35.54 on Wednesday. BofI Holding, Inc. has a one year low of $21.60 and a one year high of $38.51. The firm has a market cap of $2,194.98, a PE ratio of 16.76, a P/E/G ratio of 1.42 and a beta of 0.45. The company has a quick ratio of 1.14, a current ratio of 1.15 and a debt-to-equity ratio of 0.06.

BofI (NASDAQ:BOFI) last released its quarterly earnings data on Tuesday, January 30th. The financial services provider reported $0.61 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.53 by $0.08. BofI had a net margin of 28.37% and a return on equity of 17.27%. The company had revenue of $101.31 million during the quarter, compared to analyst estimates of $100.29 million. During the same period in the prior year, the firm earned $0.50 earnings per share. analysts anticipate that BofI Holding, Inc. will post 2.48 EPS for the current year.

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BofI 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 (NASDAQ:BOFI)

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