Y Intercept Hong Kong Ltd Has $948,000 Position in Axos Financial, Inc. (NYSE:AX)

Y Intercept Hong Kong Ltd lifted its position in shares of Axos Financial, Inc. (NYSE:AX) by 2.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 13,567 shares of the company’s stock after purchasing an additional 266 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Axos Financial were worth $948,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of AX. Heck Capital Advisors LLC acquired a new position in shares of Axos Financial in the fourth quarter valued at $35,000. Ashton Thomas Securities LLC bought a new stake in shares of Axos Financial during the 3rd quarter worth about $41,000. Farther Finance Advisors LLC grew its stake in 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 last quarter. Kestra Investment Management LLC bought a new position in Axos Financial in the 4th quarter valued at about $52,000. Finally, US Bancorp DE lifted its position in 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 acquiring an additional 787 shares during the last quarter. 83.79% of the stock is owned by institutional investors.

Axos Financial Price Performance

Axos Financial stock opened at $66.29 on Friday. The stock’s 50 day moving average is $70.20 and its 200 day moving average is $70.19. Axos Financial, Inc. has a one year low of $44.10 and a one year high of $88.46. The firm has a market cap of $3.78 billion, a P/E ratio of 8.91 and a beta of 1.45. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.09 and a quick ratio of 1.09.

Axos Financial (NYSE:AX) 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%. As a group, research analysts expect that Axos Financial, Inc. will post 7.22 EPS for the current year.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. Raymond James restated an “outperform” rating and issued a $80.00 price target (up from $75.00) on shares of Axos Financial in a research note 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 on the stock in a research note on Thursday, January 30th. StockNews.com raised shares of Axos Financial from a “sell” rating to a “hold” rating in a research report on Monday, December 9th. Keefe, Bruyette & Woods cut their price objective 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. Finally, Needham & Company LLC raised their target price on shares of Axos Financial from $85.00 to $88.00 and gave the stock a “buy” rating in a 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 company. According to data from MarketBeat.com, Axos Financial has a consensus rating of “Moderate Buy” and a consensus price target of $84.17.

About Axos Financial

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.