Axos Financial, Inc. (NYSE:AX) Shares Bought by Versor Investments LP

Versor Investments LP grew its holdings in Axos Financial, Inc. (NYSE:AX) by 5.3% in the 4th quarter, HoldingsChannel.com reports. The fund owned 4,000 shares of the company’s stock after buying an additional 200 shares during the quarter. Versor Investments LP’s holdings in Axos Financial were worth $279,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of AX. Heck Capital Advisors LLC purchased a new position in Axos Financial in the fourth quarter valued at $35,000. Ashton Thomas Securities LLC acquired a new stake in Axos Financial in the 3rd quarter valued at about $41,000. Farther Finance Advisors LLC boosted its stake in shares of Axos Financial by 881.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 648 shares of the company’s stock valued at $41,000 after buying an additional 582 shares during the period. Kestra Investment Management LLC acquired a new position in shares of Axos Financial during the fourth quarter worth about $52,000. Finally, US Bancorp DE increased its stake in shares of Axos Financial by 325.2% during the third quarter. US Bancorp DE now owns 1,029 shares of the company’s stock worth $65,000 after buying an additional 787 shares during the period. Institutional investors and hedge funds own 83.79% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on AX shares. 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 research note on Thursday, January 30th. Raymond James reaffirmed an “outperform” rating and set a $80.00 price objective (up from $75.00) on shares of Axos Financial 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 note on Monday, December 9th. Keefe, Bruyette & Woods cut their price target on Axos Financial from $91.00 to $90.00 and set a “market perform” rating on the stock in a research note on Wednesday, January 29th. Finally, Needham & Company LLC upped their price objective on Axos Financial from $85.00 to $88.00 and gave the stock a “buy” rating in a research report on Wednesday, January 29th. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, Axos Financial currently has an average rating of “Moderate Buy” and an average target price of $84.17.

Axos Financial Stock Down 0.8 %

Shares of NYSE:AX opened at $66.24 on Tuesday. The firm has a 50 day simple moving average of $70.10 and a 200-day simple moving average of $70.32. Axos Financial, Inc. has a twelve month low of $44.10 and a twelve month high of $88.46. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.20. The company has a market capitalization of $3.78 billion, a PE ratio of 8.90 and a beta of 1.45.

Axos Financial (NYSE:AX) last announced its quarterly earnings results on Tuesday, January 28th. The company reported $1.82 earnings per share for the quarter, beating analysts’ consensus estimates of $1.75 by $0.07. Axos Financial had a net margin of 22.10% and a return on equity of 18.67%. On average, equities analysts predict that Axos Financial, Inc. will post 7.22 EPS for the current fiscal year.

Axos Financial Company 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.