Pembroke Management LTD Holding in Bofi Holding (BOFI) Cut by $9.66 Million as Stock Price Rose

September 8, 2018 - By Megan Stone

Investors sentiment decreased to 0.81 in 2018 Q1. Its down 0.48, from 1.29 in 2017Q4. It worsened, as 20 investors sold BOFI shares while 90 reduced holdings. 44 funds opened positions while 45 raised stakes. 46.83 million shares or 8.24% less from 51.03 million shares in 2017Q4 were reported. Amalgamated Savings Bank has invested 0.01% in BofI Holding, Inc. (NASDAQ:BOFI). California State Teachers Retirement, California-based fund reported 90,077 shares. Ubs Asset Americas holds 39,947 shares. Principal Financial Grp Inc Inc holds 429,852 shares or 0.02% of its portfolio. First Trust Advsrs Limited Partnership owns 140,136 shares. Thrivent Fincl For Lutherans reported 36,263 shares. Eqis Mngmt Incorporated owns 112,841 shares or 0.23% of their US portfolio. Moreover, Essex Investment Management has 1.07% invested in BofI Holding, Inc. (NASDAQ:BOFI). Jcsd Capital Limited invested in 1.63% or 55,000 shares. Gsa Capital Prns Llp has 16,700 shares for 0.04% of their portfolio. Northern Tru Corp invested in 0.01% or 746,273 shares. Bridgeway Mgmt reported 135,000 shares. Tci Wealth Advsr Inc holds 107 shares. Burney holds 180,758 shares. Strs Ohio reported 2,000 shares stake.

Since March 8, 2018, it had 0 insider buys, and 1 sale for $2.37 million activity. 57,539 shares were sold by Burke John Gary, worth $2.37M on Wednesday, May 30.

Pembroke Management Ltd decreased its stake in Bofi Holding (BOFI) by 21% based on its latest 2018Q1 regulatory filing with the SEC. Pembroke Management Ltd sold 241,600 shares as the company’s stock rose 6.25% while stock markets declined. The institutional investor held 908,936 shares of the finance company at the end of 2018Q1, valued at $36.84 million, down from 1.15M at the end of the previous reported quarter. Pembroke Management Ltd who had been investing in Bofi Holding for a number of months, seems to be less bullish one the $2.30B market cap company. The stock increased 1.72% or $0.62 during the last trading session, reaching $36.7. About 444,676 shares traded. BofI Holding, Inc. (NASDAQ:BOFI) has risen 80.92% since September 8, 2017 and is uptrending. It has outperformed by 68.35% the S&P500.

Pembroke Management Ltd, which manages about $2.77 billion and $943.74 million US Long portfolio, upped its stake in Pure Storage Inc by 407,801 shares to 1.02 million shares, valued at $20.41 million in 2018Q1, according to the filing. It also increased its holding in Lci Industries by 34,957 shares in the quarter, for a total of 171,074 shares, and has risen its stake in Mgp Ingredients Inc (NASDAQ:MGPI).

Analysts await BofI Holding, Inc. (NASDAQ:BOFI) to report earnings on October, 24. They expect $0.64 earnings per share, up 28.00 % or $0.14 from last year’s $0.5 per share. BOFI’s profit will be $40.18M for 14.34 P/E if the $0.64 EPS becomes a reality. After $0.58 actual earnings per share reported by BofI Holding, Inc. for the previous quarter, Wall Street now forecasts 10.34 % EPS growth.

More important recent BofI Holding, Inc. (NASDAQ:BOFI) news were published by: Nasdaq.com which released: “FinTech platform Salary Finance raises $20 million and launches in the US” on August 28, 2018, also Fool.com published article titled: “Why This BOFI Acquisition is a Big Deal”, Nasdaq.com published: “New Research: Key Drivers of Growth for BofI Holding, Digimarc, DHT, International Seaways, QEP Resources, and …” on August 29, 2018. More interesting news about BofI Holding, Inc. (NASDAQ:BOFI) was released by: Fool.com and their article: “These Stocks Turned $1000 Into $21000 — or More!” with publication date: August 23, 2018.

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

Among 7 analysts covering BofI Holding (NASDAQ:BOFI), 5 have Buy rating, 0 Sell and 2 Hold. Therefore 71% are positive. BofI Holding has $4800 highest and $45 lowest target. $46.17’s average target is 25.80% above currents $36.7 stock price. BofI Holding had 8 analyst reports since March 20, 2018 according to SRatingsIntel. The rating was maintained by Sandler O’Neill with “Buy” on Thursday, March 29. The rating was maintained by FBR Capital on Tuesday, June 19 with “Buy”. Compass Point downgraded BofI Holding, Inc. (NASDAQ:BOFI) on Monday, May 21 to “Hold” rating. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Thursday, March 22. The rating was downgraded by Raymond James to “Outperform” on Monday, April 2. The firm has “Buy” rating by Stephens given on Tuesday, April 10. Stephens maintained the shares of BOFI in report on Tuesday, March 20 with “Buy” rating.

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

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