Versor Investments LP Acquires 200 Shares of Axos Financial, Inc. (NYSE:AX)

Versor Investments LP lifted its position in Axos Financial, Inc. (NYSE:AX) by 5.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,000 shares of the company’s stock after buying an additional 200 shares during the period. Versor Investments LP’s holdings in Axos Financial were worth $279,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently made changes to their positions in AX. New York State Teachers Retirement System increased its stake in shares of Axos Financial by 0.8% in the third quarter. New York State Teachers Retirement System now owns 42,847 shares of the company’s stock worth $2,694,000 after purchasing an additional 348 shares in the last quarter. 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 valued at $65,000 after purchasing an additional 787 shares during the last quarter. Farther Finance Advisors LLC lifted its holdings 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 acquiring an additional 582 shares during the last quarter. 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 worth $1,003,000 after purchasing an additional 322 shares during the period. Finally, Principal Financial Group Inc. boosted its stake in Axos Financial by 27.9% during the third quarter. Principal Financial Group Inc. now owns 320,717 shares of the company’s stock worth $20,167,000 after buying an additional 70,017 shares during the period. Hedge funds and other institutional investors own 83.79% of the company’s stock.

Axos Financial Stock Performance

Shares of Axos Financial stock opened at $66.24 on Tuesday. Axos Financial, Inc. has a one year low of $44.10 and a one year high of $88.46. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.09 and a current ratio of 1.09. The business’s 50 day moving average price is $70.10 and its 200 day moving average price is $70.32. The company has a market cap of $3.78 billion, a price-to-earnings ratio of 8.90 and a beta of 1.45.

Axos Financial (NYSE:AX) last released its quarterly earnings results on Tuesday, January 28th. The company reported $1.82 EPS for the quarter, beating 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%. On average, research analysts predict that Axos Financial, Inc. will post 7.22 EPS for the current year.

Analysts Set New Price Targets

AX has been the subject of several recent analyst reports. StockNews.com upgraded Axos Financial from a “sell” rating to a “hold” rating in a research report on Monday, December 9th. Needham & Company LLC raised their target price on Axos Financial from $85.00 to $88.00 and gave the stock a “buy” rating in a research note on Wednesday, January 29th. DA Davidson lowered their price objective on Axos Financial from $96.00 to $88.00 and set a “buy” rating on the stock in a research report on Thursday, January 30th. Raymond James reissued an “outperform” rating and issued a $80.00 price target (up previously from $75.00) on shares of Axos Financial in a research note on Wednesday, January 29th. Finally, Keefe, Bruyette & Woods lowered their price objective on Axos Financial from $91.00 to $90.00 and set a “market perform” rating on the stock in a report on Wednesday, January 29th. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company 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.