Rhumbline Advisers lowered its position in shares of Axos Financial, Inc. (NYSE:AX – Free Report) by 1.0% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 163,273 shares of the company’s stock after selling 1,730 shares during the quarter. Rhumbline Advisers’ holdings in Axos Financial were worth $11,405,000 as of its most recent SEC filing.
A number of other large investors also recently bought and sold shares of the company. Hancock Whitney Corp boosted its holdings in shares of Axos Financial by 1.3% in the 3rd quarter. Hancock Whitney Corp now owns 10,931 shares of the company’s stock valued at $687,000 after buying an additional 142 shares during the period. Crossmark Global Holdings Inc. boosted its holdings in shares of Axos Financial by 4.4% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 3,836 shares of the company’s stock valued at $241,000 after buying an additional 162 shares during the period. New York State Teachers Retirement System boosted its holdings in shares of Axos Financial by 0.7% in the 4th quarter. New York State Teachers Retirement System now owns 43,126 shares of the company’s stock valued at $3,012,000 after buying an additional 279 shares during the period. Amalgamated Bank boosted its holdings in shares of Axos Financial by 2.1% in the 3rd quarter. Amalgamated Bank now owns 15,956 shares of the company’s stock valued at $1,003,000 after buying an additional 322 shares during the period. Finally, GAMMA Investing LLC boosted its holdings in shares of Axos Financial by 34.2% in the 4th quarter. GAMMA Investing LLC now owns 1,318 shares of the company’s stock valued at $92,000 after buying an additional 336 shares during the period. Institutional investors own 83.79% of the company’s stock.
Analyst Upgrades and Downgrades
Several research analysts have recently commented on the stock. Keefe, Bruyette & Woods decreased their price target on shares of Axos Financial from $91.00 to $90.00 and set a “market perform” rating for the company in a report on Wednesday, January 29th. DA Davidson decreased their price target on shares of Axos Financial from $96.00 to $88.00 and set a “buy” rating for the company in a report on Thursday, January 30th. Needham & Company LLC lifted their price objective on shares of Axos Financial from $85.00 to $88.00 and gave the company a “buy” rating in a research report on Wednesday, January 29th. StockNews.com upgraded shares of Axos Financial from a “sell” rating to a “hold” rating in a research report on Monday, December 9th. Finally, Raymond James reiterated an “outperform” rating and issued a $80.00 price objective (up from $75.00) on shares of Axos Financial in a research report on Wednesday, January 29th. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $84.17.
View Our Latest Stock Report on Axos Financial
Axos Financial Stock Performance
AX stock opened at $66.02 on Monday. The company has a market capitalization of $3.77 billion, a P/E ratio of 8.87 and a beta of 1.45. The company has a 50-day simple moving average of $70.91 and a 200 day simple moving average of $70.24. Axos Financial, Inc. has a fifty-two week low of $44.10 and a fifty-two week high of $88.46. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.20.
Axos Financial (NYSE:AX – Get Free Report) last posted its quarterly earnings data on Tuesday, January 28th. The company reported $1.82 earnings per share for the quarter, topping the consensus estimate of $1.75 by $0.07. Axos Financial had a net margin of 22.10% and a return on equity of 18.67%. Sell-side analysts predict that Axos Financial, Inc. will post 7.22 earnings per share for the current fiscal year.
Axos Financial Profile
(Free Report)
Axos Financial, Inc, together with its subsidiaries, provides consumer and business banking products in the United States. It operates through two segments, Banking Business and Securities Business. The company offers deposits products, including consumer and business checking, demand, savings, time deposit, money market, zero balance, and insured cash sweep accounts.
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