Axos Financial, Inc. (NYSE:AX) Shares Acquired by Kennedy Capital Management LLC

Kennedy Capital Management LLC increased its stake in shares of Axos Financial, Inc. (NYSE:AX - Free Report) by 10.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 66,383 shares of the company's stock after acquiring an additional 6,292 shares during the quarter. Kennedy Capital Management LLC owned about 0.12% of Axos Financial worth $4,637,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. JPMorgan Chase & Co. raised its holdings in shares of Axos Financial by 12.9% in the third quarter. JPMorgan Chase & Co. now owns 281,658 shares of the company's stock valued at $17,711,000 after buying an additional 32,095 shares during the last quarter. Barclays PLC lifted its position in Axos Financial by 32.6% during the 3rd quarter. Barclays PLC now owns 142,715 shares of the company's stock worth $8,974,000 after acquiring an additional 35,087 shares during the period. Principal Financial Group Inc. grew its stake in shares of Axos Financial by 5.4% in the 4th quarter. Principal Financial Group Inc. now owns 337,918 shares of the company's stock valued at $23,604,000 after purchasing an additional 17,201 shares during the last quarter. Assenagon Asset Management S.A. acquired a new position in shares of Axos Financial in the fourth quarter valued at approximately $9,849,000. Finally, Empowered Funds LLC raised its stake in shares of Axos Financial by 28.2% during the fourth quarter. Empowered Funds LLC now owns 16,306 shares of the company's stock worth $1,139,000 after purchasing an additional 3,588 shares during the last quarter. Institutional investors and hedge funds own 83.79% of the company's stock.

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Analysts Set New Price Targets

Several research firms have issued reports on AX. Raymond James reiterated an "outperform" rating and set a $80.00 target price (up previously from $75.00) on shares of Axos Financial in a research report on Wednesday, January 29th. Needham & Company LLC raised their price objective on shares of Axos Financial from $85.00 to $88.00 and gave the stock a "buy" rating in a research note on Wednesday, January 29th. Keefe, Bruyette & Woods lowered their target price 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. Finally, DA Davidson reduced 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. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat.com, Axos Financial currently has an average rating of "Moderate Buy" and an average target price of $84.17.

Axos Financial Trading Up 1.1 %

Axos Financial stock traded up $0.65 during trading on Tuesday, reaching $58.98. The company had a trading volume of 321,645 shares, compared to its average volume of 531,084. The firm has a market capitalization of $3.37 billion, a price-to-earnings ratio of 7.93 and a beta of 1.33. The stock's 50 day moving average price is $64.40 and its two-hundred day moving average price is $69.54. Axos Financial, Inc. has a 12-month low of $44.10 and a 12-month 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.

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

Insider Activity at Axos Financial

In related news, Director Sara Wardell-Smith acquired 3,000 shares of the business's stock in a transaction on Tuesday, March 4th. The shares were bought at an average cost of $64.73 per share, with a total value of $194,190.00. Following the completion of the transaction, the director now directly owns 10,250 shares of the company's stock, valued at $663,482.50. This trade represents a 41.38 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 5.07% of the stock is currently owned by insiders.

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.