Axos Financial, Inc. (NYSE:AX) Stock Position Raised by Empowered Funds LLC

Empowered Funds LLC lifted its position in Axos Financial, Inc. (NYSE:AX) by 28.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 16,306 shares of the company’s stock after buying an additional 3,588 shares during the quarter. Empowered Funds LLC’s holdings in Axos Financial were worth $1,139,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Hancock Whitney Corp lifted its stake in Axos Financial by 1.3% in the third quarter. Hancock Whitney Corp now owns 10,931 shares of the company’s stock valued at $687,000 after acquiring an additional 142 shares during the last quarter. Crossmark Global Holdings Inc. lifted its stake 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 purchasing an additional 162 shares during the last quarter. Amalgamated Bank boosted its holdings in Axos Financial by 2.1% in the third quarter. Amalgamated Bank now owns 15,956 shares of the company’s stock worth $1,003,000 after purchasing an additional 322 shares in the last quarter. GAMMA Investing LLC increased its position in Axos Financial by 34.2% during the fourth quarter. GAMMA Investing LLC now owns 1,318 shares of the company’s stock worth $92,000 after buying an additional 336 shares during the last quarter. Finally, New York State Teachers Retirement System raised its holdings in Axos Financial by 0.8% during the third quarter. New York State Teachers Retirement System now owns 42,847 shares of the company’s stock valued at $2,694,000 after buying an additional 348 shares in the last quarter. Institutional investors and hedge funds own 83.79% of the company’s stock.

Axos Financial Stock Down 0.6 %

Shares of AX stock opened at $69.91 on Monday. Axos Financial, Inc. has a 12 month low of $44.10 and a 12 month 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. The firm has a market cap of $3.99 billion, a PE ratio of 9.40 and a beta of 1.45. The stock has a 50 day moving average of $71.98 and a 200-day moving average of $70.15.

Axos Financial (NYSE:AX) last released its 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, equities analysts predict that Axos Financial, Inc. will post 7.18 EPS for the current year.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on AX. StockNews.com upgraded Axos Financial from a “sell” rating to a “hold” rating in a research note on Monday, December 9th. DA Davidson decreased their target price on Axos Financial from $96.00 to $88.00 and set a “buy” rating for the company in a research report on Thursday, January 30th. Needham & Company LLC lifted their price target 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. Raymond James reaffirmed an “outperform” rating and set a $80.00 price objective (up from $75.00) on shares of Axos Financial in a report on Wednesday, January 29th. Finally, Keefe, Bruyette & Woods lowered their target price on shares of 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. Three 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, the company presently has a consensus rating of “Moderate Buy” and an average 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.