Bofi Holding, Inc: Ameriprise Financial Inc Opened Position

February 15, 2018 - By Ellis Scott

 Bofi Holding, Inc: Ameriprise Financial Inc Opened Position

Investors sentiment decreased to 0.98 in 2017 Q3. Its down 0.10, from 1.08 in 2017Q2. It dropped, as 12 investors sold BofI Holding, Inc. shares while 72 reduced holdings. 34 funds opened positions while 48 raised stakes. 51.41 million shares or 4.88% less from 54.04 million shares in 2017Q2 were reported.

Manufacturers Life Communication The reported 0% stake. Moreover, Qs Invsts has 0.06% invested in BofI Holding, Inc. (NASDAQ:BOFI) for 269,161 shares. State Of Wisconsin Board holds 0.03% or 310,805 shares. 30,016 are owned by Sterling Cap Mgmt Limited Com. Glenmede Na holds 0% in BofI Holding, Inc. (NASDAQ:BOFI) or 150 shares. 70,600 are owned by Lsv Asset Mgmt. Endurance Wealth Mgmt reported 7,415 shares. 135,502 were accumulated by Connors Investor Services. Tiverton Asset Mgmt Ltd Company accumulated 236,421 shares. Swiss Savings Bank holds 0% or 93,800 shares in its portfolio. California Public Employees Retirement holds 0.01% or 172,562 shares in its portfolio. Stieven Advisors Limited Partnership accumulated 3.03% or 560,802 shares. Deutsche Bancorp Ag owns 0% invested in BofI Holding, Inc. (NASDAQ:BOFI) for 75,487 shares. Bowling Portfolio Management Ltd Liability Corporation invested in 0.24% or 56,378 shares. Northern holds 0.01% or 784,042 shares.

The New Ameriprise Financial Inc Holding in Bofi Holding, Inc

Ameriprise Financial Inc reported SC 13G/A form with the SEC for Bofi Holding, Inc. Access it here: 000119312518045352. As reported by Ameriprise Financial Inc, the filler owns 3.49% or 2,225,599 shares of the Finance–company.

Bofi Holding, Inc stake is new for [reportingPerson]. Date of activity: December31, 2017. This shows Ameriprise Financial Inc’s positive view for Bofi Holding, Inc.

Bofi Holding, Inc Institutional Sentiment

Filings show 195 investors own Bofi Holding, Inc. The ownership in Q3 2015 is high, at Infinity of the outstanding shares. This is increased by 9580211. 21539735 were owned by these investors. 39 funds opened new Bofi Holding, Inc stakes, 80 increased positions. There were 31 that closed positions and 60 reduced them.

10 investors had the stock in their top 10. Some are: Shaker Investments Llc Oh, Vertex One Asset Management Inc., Pembroke Management Ltd, Davis Capital Partners Llc, Stieven Capital Advisors L.P., Emerald Mutual Fund Advisers Trust..

Matthew A. Weatherbie Weatherbie Capital Llc is an investor bullish on Bofi Holding, Inc, owning 426552 shares as of Q3 2015 for 6.37% of its portfolio. Shaker Investments Llc owns 280267 shares or 28.30% of its portfolio. CA Windward Capital Management Company have 0.09% of its portfolio for 2544 shares. Further, 1492 Capital Management Llc reported stake worth 6.17% of its portfolio. The CA First Foundation Advisors owns 15245 shares. Bofi Holding, Inc is 0.16% of its portfolio.

Business 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. The Bank distributes its deposit products through a range of retail distribution channels, and its deposits consist of demand, savings and time deposits accounts. Its mortgage-backed securities consist primarily of mortgage pass-through securities issued by government-sponsored entities and non-agency collateralized mortgage obligations and pass-through mortgage-backed securities issued by private sponsors.

SEC Form 13G.

The stock increased 1.61% or $0.59 during the last trading session, reaching $37.25. About 317,574 shares traded. BofI Holding, Inc. (NASDAQ:BOFI) has risen 28.16% since February 15, 2017 and is uptrending. It has outperformed by 11.46% the S&P500.

BofI Holding, Inc. operates as the holding firm for BofI Federal Bank that provides consumer and business banking products in the United States. The company has market cap of $2.33 billion. The firm offers deposits products, including consumer and business checking, demand, savings, and time deposit accounts. It has a 17.65 P/E ratio. It also provides single family and multifamily mortgage secured lending products; commercial real estate secured and commercial lending products; specialty finance factoring products; and consumer lending products consisting of prime loans to purchase new and used automobiles and recreational vehicles, as well as deposit-related overdraft lines of credit.

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

Among 8 analysts covering Bofl Holding Inc (NASDAQ:BOFI), 6 have Buy rating, 0 Sell and 2 Hold. Therefore 75% are positive. Bofl Holding Inc has $148 highest and $30 lowest target. $76.38’s average target is 105.05% above currents $37.25 stock price. Bofl Holding Inc had 21 analyst reports since August 5, 2015 according to SRatingsIntel. The firm has “Strong Buy” rating given on Friday, September 4 by Raymond James. The company was maintained on Thursday, February 1 by Stephens. The stock has “Outperform” rating by FBR Capital on Monday, November 23. The rating was maintained by Keefe Bruyette & Woods on Thursday, December 21 with “Hold”. DA Davidson upgraded BofI Holding, Inc. (NASDAQ:BOFI) on Thursday, October 15 to “Buy” rating. The stock of BofI Holding, Inc. (NASDAQ:BOFI) has “Buy” rating given on Wednesday, January 31 by FBR Capital. The rating was maintained by Keefe Bruyette & Woods on Tuesday, January 30 with “Hold”. The rating was upgraded by Sandler O’Neill to “Buy” on Thursday, October 15. Wood downgraded BofI Holding, Inc. (NASDAQ:BOFI) on Monday, October 9 to “Market Perform” rating. FBR Capital maintained BofI Holding, Inc. (NASDAQ:BOFI) on Friday, July 31 with “Outperform” rating.

More notable recent BofI Holding, Inc. (NASDAQ:BOFI) news were published by: Seekingalpha.com which released: “BofI Holding’s (BOFI) CEO Gregory Garrabrants on Q2 2018 Results – Earnings …” on January 31, 2018, also Nasdaq.com with their article: “Is Surprise Coming for BofI Holding, Inc. (BOFI) This Earnings Season?” published on January 29, 2018, Zacks.com published: “BofI Holding (BOFI) Jumps: Stock Rises 7.8% February 01, 2018” on February 01, 2018. More interesting news about BofI Holding, Inc. (NASDAQ:BOFI) were released by: Businesswire.com and their article: “BofI Holding, Inc. Reports Second Quarter 2018 Results” published on January 30, 2018 as well as Fool.com‘s news article titled: “Why BofI Holding, Inc. Stock Gained 20.3% in January” with publication date: February 13, 2018.

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