Axos Financial, Inc. (NYSE:AX) Shares Bought by GSA Capital Partners LLP

GSA Capital Partners LLP lifted its stake in shares of Axos Financial, Inc. (NYSE:AX) by 122.2% during the first quarter, HoldingsChannel.com reports. The firm owned 31,440 shares of the company’s stock after purchasing an additional 17,288 shares during the period. GSA Capital Partners LLP’s holdings in Axos Financial were worth $1,699,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. BI Asset Management Fondsmaeglerselskab A S acquired a new position in shares of Axos Financial during the 1st quarter worth $706,000. BNP Paribas Financial Markets boosted its position in shares of Axos Financial by 37.6% in the 1st quarter. BNP Paribas Financial Markets now owns 45,960 shares of the company’s stock worth $2,484,000 after buying an additional 12,560 shares in the last quarter. Argent Capital Management LLC boosted its position in shares of Axos Financial by 10.4% in the 1st quarter. Argent Capital Management LLC now owns 5,999 shares of the company’s stock worth $324,000 after buying an additional 567 shares in the last quarter. Raymond James & Associates boosted its position in shares of Axos Financial by 7.8% in the 1st quarter. Raymond James & Associates now owns 88,301 shares of the company’s stock worth $4,772,000 after buying an additional 6,362 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC lifted its holdings in Axos Financial by 96.7% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 207,891 shares of the company’s stock valued at $11,234,000 after purchasing an additional 102,205 shares in the last quarter. 83.79% of the stock is owned by institutional investors and hedge funds.

Axos Financial Trading Up 1.8 %

AX traded up $1.02 on Wednesday, reaching $58.24. 45,672 shares of the company’s stock were exchanged, compared to its average volume of 572,891. The company’s 50 day moving average is $56.33 and its 200-day moving average is $53.81. The company has a market cap of $3.32 billion, a price-to-earnings ratio of 7.75 and a beta of 1.43. Axos Financial, Inc. has a twelve month low of $32.05 and a twelve month high of $63.00. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.07 and a current ratio of 1.07.

Axos Financial (NYSE:AX) last posted its earnings results on Tuesday, April 30th. The company reported $1.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.70 by $0.21. Axos Financial had a net margin of 24.39% and a return on equity of 18.57%. The firm had revenue of $476.73 million during the quarter, compared to the consensus estimate of $277.85 million. During the same quarter in the prior year, the company earned $1.35 EPS. Equities analysts predict that Axos Financial, Inc. will post 6.76 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms have issued reports on AX. Piper Sandler upped their target price on shares of Axos Financial from $65.00 to $68.00 and gave the company an “overweight” rating in a report on Wednesday, May 1st. Keefe, Bruyette & Woods reiterated an “outperform” rating and set a $79.00 price objective on shares of Axos Financial in a report on Tuesday, June 4th. Finally, Wedbush reiterated a “neutral” rating and set a $60.00 price objective on shares of Axos Financial in a report on Wednesday, May 1st. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $67.25.

Axos Financial Profile

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.