Stieven Capital Advisors Lowers stake in BofI Holding (BOFI)

BofI Holding (BOFI) : Stieven Capital Advisors reduced its stake in BofI Holding by 0.79% during the most recent quarter end. The investment management company now holds a total of 675,800 shares of BofI Holding which is valued at $12,380,656 after selling 5,400 shares in BofI Holding , the firm said in a disclosure report filed with the SEC on Aug 11, 2016.BofI Holding makes up approximately 3.26% of Stieven Capital Advisors’s portfolio.

Other Hedge Funds, Including , Fmr reduced its stake in BOFI by selling 3,411,600 shares or 99.24% in the most recent quarter. The Hedge Fund company now holds 26,000 shares of BOFI which is valued at $476,320.Ubs Asset Management Americas Inc reduced its stake in BOFI by selling 96,251 shares or 76.42% in the most recent quarter. The Hedge Fund company now holds 29,700 shares of BOFI which is valued at $525,690.Finemark National Bank Trust reduced its stake in BOFI by selling 2 shares or 2.08% in the most recent quarter. The Hedge Fund company now holds 94 shares of BOFI which is valued at $1,664.First Trust Advisors Lp boosted its stake in BOFI in the latest quarter, The investment management firm added 21,410 additional shares and now holds a total of 81,772 shares of BofI Holding which is valued at $1,466,990.Swiss National Bank boosted its stake in BOFI in the latest quarter, The investment management firm added 5,400 additional shares and now holds a total of 99,300 shares of BofI Holding which is valued at $1,682,142.

BofI Holding opened for trading at $19.92 and hit $21.05 on the upside on Tuesday, eventually ending the session at $20.64, with a gain of 4.51% or 0.89 points. The heightened volatility saw the trading volume jump to 21,09,335 shares. Company has a market cap of $1,305 M.

On the company’s financial health, BofI Holding reported $0.46 EPS for the quarter, based on the information available during the earnings call on Aug 2, 2016. Analyst had a consensus estimate of $0.46.Analysts expectations of $ 82.65.During the same quarter in the previous year, the company posted $1.54 EPS.

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 distribution channels and affinity partners. The Bank has deposit and loan customers across the nation 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. The Bank distributes its loan products through its retail correspondent and wholesale channels and the loans the Bank retains are primarily first mortgages secured by single family real property and by multifamily real property.

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