Is Bofi Holding Incorporated (NASDAQ:BOFI) a Buy? The Stock Reported more Sellers

June 19, 2017 - By Marie Mckinney

 Is Bofi Holding Incorporated (NASDAQ:BOFI) a Buy? The Stock Reported more Sellers

Investors sentiment decreased to 1.15 in Q4 2016. Its down 0.02, from 1.17 in 2016Q3. It fall, as 24 investors sold BofI Holding, Inc. shares while 68 reduced holdings. 38 funds opened positions while 68 raised stakes. 54.41 million shares or 0.08% more from 54.37 million shares in 2016Q3 were reported.
Jcsd Capital Ltd Co has invested 2.5% of its portfolio in BofI Holding, Inc. (NASDAQ:BOFI). Pacific Ridge Cap Ltd Co holds 0.55% or 53,440 shares. Manufacturers Life Ins Communications The invested in 0% or 40,471 shares. Ameriprise Finance has invested 0.05% in BofI Holding, Inc. (NASDAQ:BOFI). Wasatch invested 0.17% of its portfolio in BofI Holding, Inc. (NASDAQ:BOFI). Stieven Capital L P accumulated 710,402 shares. First Mercantile Trust Com accumulated 0.07% or 16,938 shares. Texas Permanent School Fund, Texas-based fund reported 42,012 shares. Davis Capital Ltd Liability Co invested in 1.88M shares. Cortina Asset Mngmt Ltd holds 441,796 shares or 0.53% of its portfolio. Profund Ltd Llc stated it has 11,171 shares. Envestnet Asset Mgmt reported 0% in BofI Holding, Inc. (NASDAQ:BOFI). Switzerland-based Credit Suisse Ag has invested 0% in BofI Holding, Inc. (NASDAQ:BOFI). Bancshares Hapoalim Bm reported 0.18% of its portfolio in BofI Holding, Inc. (NASDAQ:BOFI). Spectrum Asset Mngmt (Nb Ca) accumulated 36,120 shares or 1% of the stock.

Since February 24, 2017, it had 0 buys, and 1 insider sale for $106,992 activity. Nick Mosich sold $106,992 worth of BofI Holding, Inc. (NASDAQ:BOFI) on Friday, February 24.

The stock of Bofi Holding Incorporated (NASDAQ:BOFI) registered an increase of 6.43% in short interest. BOFI’s total short interest was 25.26 million shares in June as published by FINRA. Its up 6.43% from 23.73M shares, reported previously. With 817,300 shares average volume, it will take short sellers 31 days to cover their BOFI’s short positions. The short interest to Bofi Holding Incorporated’s float is 45.29%.

About 8 shares traded. BofI Holding, Inc. (NASDAQ:BOFI) has risen 28.16% since June 19, 2016 and is uptrending. It has outperformed by 11.46% the S&P500.

BofI Holding, Inc. is the holding firm for BofI Federal Bank (the Bank). The company has market cap of $1.47 billion. The Bank is a diversified financial services company. It has a 11.38 P/E ratio. The Bank provides consumer and business banking products through its branchless, low-cost distribution channels and affinity partners.

BofI Holding, Inc. (NASDAQ:BOFI) Ratings Coverage

Among 6 analysts covering Bofl Holding Inc (NASDAQ:BOFI), 6 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Bofl Holding Inc had 11 analyst reports since August 5, 2015 according to SRatingsIntel. On Monday, November 23 the stock rating was maintained by FBR Capital with “Outperform”. The rating was upgraded by DA Davidson to “Buy” on Thursday, October 15. The firm earned “Neutral” rating on Thursday, August 6 by DA Davidson. The rating was upgraded by Sandler O’Neill to “Buy” on Thursday, October 15. The company was upgraded on Friday, September 4 by Raymond James. The firm has “Outperform” rating given on Friday, July 31 by FBR Capital.

More recent BofI Holding, Inc. (NASDAQ:BOFI) news were published by: Nasdaq.com which released: “Commit To Purchase BofI Holding At $15, Earn 11.7% Using Options” on June 06, 2017. Also Businesswire.com published the news titled: “EQUITY ALERT: Levi & Korsinsky, LLP Notifies Shareholders of BofI Holding, Inc …” on May 26, 2017. Fool.com‘s news article titled: “Why BofI Holding Inc. Shareholders Have Nothing to Worry About” with publication date: June 09, 2017 was also an interesting one.

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