Capstone Investment Advisors LLC Purchases New Position in Axos Financial, Inc. (NYSE:AX)

Capstone Investment Advisors LLC bought a new position in Axos Financial, Inc. (NYSE:AXFree Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund bought 4,093 shares of the company’s stock, valued at approximately $223,000.

A number of other large investors have also added to or reduced their stakes in the stock. Dimensional Fund Advisors LP boosted its stake in shares of Axos Financial by 5.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,724,331 shares of the company’s stock worth $148,755,000 after acquiring an additional 134,266 shares during the last quarter. Davis Asset Management L.P. boosted its stake in shares of Axos Financial by 5.3% during the 3rd quarter. Davis Asset Management L.P. now owns 1,500,000 shares of the company’s stock worth $56,790,000 after acquiring an additional 75,000 shares during the last quarter. American Century Companies Inc. boosted its stake in shares of Axos Financial by 152.8% during the 3rd quarter. American Century Companies Inc. now owns 1,395,715 shares of the company’s stock worth $52,842,000 after acquiring an additional 843,606 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in shares of Axos Financial by 5.7% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,376,615 shares of the company’s stock worth $52,119,000 after acquiring an additional 74,649 shares during the last quarter. Finally, Loomis Sayles & Co. L P lifted its stake in shares of Axos Financial by 9.7% during the 3rd quarter. Loomis Sayles & Co. L P now owns 642,062 shares of the company’s stock valued at $24,308,000 after buying an additional 56,634 shares in the last quarter. Institutional investors own 83.79% of the company’s stock.

Insider Activity

In other Axos Financial news, Director Sara Wardell-Smith purchased 5,000 shares of the firm’s stock in a transaction that occurred on Friday, March 15th. The stock was purchased at an average cost of $49.75 per share, with a total value of $248,750.00. Following the purchase, the director now owns 5,000 shares of the company’s stock, valued at $248,750. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 4.82% of the company’s stock.

Axos Financial Stock Performance

NYSE AX opened at $52.46 on Tuesday. The stock has a market capitalization of $2.99 billion, a PE ratio of 7.12 and a beta of 1.39. The business has a 50 day simple moving average of $54.71 and a two-hundred day simple moving average of $52.16. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.07 and a quick ratio of 1.07. Axos Financial, Inc. has a 1-year low of $32.05 and a 1-year high of $63.00.

Axos Financial (NYSE:AXGet Free Report) last posted its quarterly earnings data on Tuesday, April 30th. The company reported $1.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.70 by $0.21. The business had revenue of $476.73 million during the quarter, compared to analyst estimates of $277.85 million. Axos Financial had a return on equity of 18.57% and a net margin of 24.39%. During the same period last year, the company earned $1.35 EPS. On average, research analysts predict that Axos Financial, Inc. will post 6.76 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on AX. Wedbush reiterated a “neutral” rating and set a $60.00 target price on shares of Axos Financial in a research report on Wednesday, May 1st. StockNews.com upgraded Axos Financial from a “sell” rating to a “hold” rating in a research report on Monday, February 5th. Piper Sandler increased their target price on Axos Financial from $65.00 to $68.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 1st. Finally, Keefe, Bruyette & Woods reiterated an “outperform” rating and set a $79.00 target price (up previously from $77.00) on shares of Axos Financial in a research report on Thursday, May 2nd. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $67.25.

Check Out Our Latest Stock Report on Axos Financial

About Axos Financial

(Free Report)

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.

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Institutional Ownership by Quarter for Axos Financial (NYSE:AX)

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