Axos Financial, Inc. (NYSE:AX) Stock Position Cut by Shaker Investments LLC OH

Shaker Investments LLC OH cut its holdings in Axos Financial, Inc. (NYSE:AX - Free Report) by 3.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 426,031 shares of the company's stock after selling 13,622 shares during the quarter. Axos Financial accounts for 12.5% of Shaker Investments LLC OH's investment portfolio, making the stock its largest position. Shaker Investments LLC OH owned about 0.75% of Axos Financial worth $29,758,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Hancock Whitney Corp increased its stake in Axos Financial by 1.3% during the 3rd quarter. Hancock Whitney Corp now owns 10,931 shares of the company's stock worth $687,000 after buying an additional 142 shares in the last quarter. Crossmark Global Holdings Inc. increased its position in shares of Axos Financial by 4.4% during the third quarter. Crossmark Global Holdings Inc. now owns 3,836 shares of the company's stock worth $241,000 after purchasing an additional 162 shares in the last quarter. GAMMA Investing LLC raised its stake in Axos Financial by 45.7% in the 3rd quarter. GAMMA Investing LLC now owns 982 shares of the company's stock valued at $62,000 after purchasing an additional 308 shares during the last quarter. Amalgamated Bank lifted its holdings in Axos Financial by 2.1% in the 3rd quarter. Amalgamated Bank now owns 15,956 shares of the company's stock valued at $1,003,000 after purchasing an additional 322 shares in the last quarter. Finally, New York State Teachers Retirement System lifted its holdings in Axos Financial by 0.8% in the 3rd quarter. New York State Teachers Retirement System now owns 42,847 shares of the company's stock valued at $2,694,000 after purchasing an additional 348 shares in the last quarter. 83.79% of the stock is owned by institutional investors and hedge funds.

Axos Financial Trading Down 0.6 %

Shares of Axos Financial stock traded down $0.45 during mid-day trading on Friday, hitting $69.93. The stock had a trading volume of 77,145 shares, compared to its average volume of 413,833. The firm has a market cap of $3.99 billion, a P/E ratio of 9.42 and a beta of 1.45. 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 50-day moving average of $72.20 and a two-hundred day moving average of $70.27. Axos Financial, Inc. has a 12-month low of $44.10 and a 12-month high of $88.46.

Axos Financial (NYSE:AX - Get Free Report) last posted its earnings results on Tuesday, January 28th. The company reported $1.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.75 by $0.07. Axos Financial had a return on equity of 18.67% and a net margin of 22.10%. Sell-side analysts forecast that Axos Financial, Inc. will post 7.18 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages have recently commented on AX. DA Davidson reduced their target price on shares of Axos Financial from $96.00 to $88.00 and set a "buy" rating for the company in a research report on Thursday, January 30th. 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. Raymond James reissued an "outperform" rating and issued a $80.00 target price (up from $75.00) on shares of Axos Financial in a research note on Wednesday, January 29th. StockNews.com upgraded Axos Financial from a "sell" rating to a "hold" rating in a research report on Monday, December 9th. Finally, Needham & Company LLC lifted 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 equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $84.17.

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.