Axos Financial, Inc. (NYSE:AX) Shares Sold by Franklin Resources Inc.

Franklin Resources Inc. trimmed its position in shares of Axos Financial, Inc. (NYSE:AX - Free Report) by 7.3% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 132,806 shares of the company's stock after selling 10,527 shares during the period. Franklin Resources Inc. owned approximately 0.23% of Axos Financial worth $9,276,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the business. Heck Capital Advisors LLC bought a new stake in Axos Financial during the 4th quarter worth approximately $35,000. Kestra Investment Management LLC purchased a new stake in shares of Axos Financial in the fourth quarter worth approximately $52,000. R Squared Ltd bought a new position in shares of Axos Financial during the fourth quarter valued at about $66,000. SRS Capital Advisors Inc. boosted its stake in shares of Axos Financial by 238.6% in the 4th quarter. SRS Capital Advisors Inc. now owns 1,097 shares of the company's stock worth $77,000 after buying an additional 773 shares during the last quarter. Finally, Parkside Financial Bank & Trust grew its stake in Axos Financial by 206.1% in the 4th quarter. Parkside Financial Bank & Trust now owns 1,261 shares of the company's stock valued at $88,000 after purchasing an additional 849 shares during the period. 83.79% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Axos Financial news, Director Sara Wardell-Smith acquired 3,000 shares of the stock in a transaction dated Tuesday, March 4th. The stock was acquired at an average cost of $64.73 per share, with a total value of $194,190.00. Following the transaction, the director now owns 10,250 shares in the company, valued at $663,482.50. The trade was a 41.38 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 5.07% of the stock is owned by insiders.

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Axos Financial Stock Up 0.3 %

Axos Financial stock traded up $0.18 during midday trading on Monday, reaching $57.42. The company's stock had a trading volume of 30,150 shares, compared to its average volume of 530,438. The stock's 50-day simple moving average is $64.96 and its 200-day simple moving average is $69.64. The stock has a market capitalization of $3.28 billion, a P/E ratio of 7.72 and a beta of 1.33. 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, Inc. has a 52-week low of $44.10 and a 52-week high of $88.46.

Axos Financial (NYSE:AX - Get Free Report) last released its quarterly earnings results on Tuesday, January 28th. The company reported $1.82 earnings per share for the quarter, topping 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%. On average, sell-side analysts expect that Axos Financial, Inc. will post 7.22 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. Keefe, Bruyette & Woods decreased their price objective on Axos Financial from $91.00 to $90.00 and set a "market perform" rating for the company in a report 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. Raymond James reissued an "outperform" rating and issued a $80.00 target price (up previously from $75.00) on shares of Axos Financial in a research report on Wednesday, January 29th. Finally, Needham & Company LLC lifted their target price on Axos Financial from $85.00 to $88.00 and gave the stock a "buy" rating in a 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 stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price 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.