B. Metzler seel. Sohn & Co. AG Lowers Position in Axos Financial, Inc. (NYSE:AX)

B. Metzler seel. Sohn & Co. AG decreased its position in shares of Axos Financial, Inc. (NYSE:AX) by 11.7% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 23,033 shares of the company’s stock after selling 3,062 shares during the period. B. Metzler seel. Sohn & Co. AG’s holdings in Axos Financial were worth $1,609,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Illinois Municipal Retirement Fund grew its stake in Axos Financial by 0.7% in the fourth quarter. Illinois Municipal Retirement Fund now owns 29,916 shares of the company’s stock worth $2,090,000 after purchasing an additional 196 shares during the period. Versor Investments LP boosted its holdings in shares of Axos Financial by 5.3% during the 4th quarter. Versor Investments LP now owns 4,000 shares of the company’s stock valued at $279,000 after buying an additional 200 shares in the last quarter. Y Intercept Hong Kong Ltd grew its position in shares of Axos Financial by 2.0% in the 4th quarter. Y Intercept Hong Kong Ltd now owns 13,567 shares of the company’s stock worth $948,000 after buying an additional 266 shares during the period. New York State Teachers Retirement System increased its stake in shares of Axos Financial by 0.7% in the 4th quarter. New York State Teachers Retirement System now owns 43,126 shares of the company’s stock worth $3,012,000 after acquiring an additional 279 shares in the last quarter. Finally, GAMMA Investing LLC lifted its position in Axos Financial by 34.2% during the 4th quarter. GAMMA Investing LLC now owns 1,318 shares of the company’s stock valued at $92,000 after acquiring an additional 336 shares during the period. Institutional investors own 83.79% of the company’s stock.

Axos Financial Price Performance

Shares of NYSE AX opened at $65.36 on Thursday. The firm has a market cap of $3.73 billion, a P/E ratio of 8.78 and a beta of 1.45. Axos Financial, Inc. has a twelve month low of $44.10 and a twelve 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 company has a 50 day moving average of $67.23 and a 200 day moving average of $70.08.

Axos Financial (NYSE:AX) last announced 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, research analysts expect that Axos Financial, Inc. will post 7.22 EPS for the current fiscal year.

Insider Buying and Selling at Axos Financial

In related news, Director Sara Wardell-Smith bought 3,000 shares of the firm’s stock in a transaction on Tuesday, March 4th. The stock was acquired at an average cost of $64.73 per share, for a total transaction of $194,190.00. Following the purchase, the director now owns 10,250 shares in the company, valued at approximately $663,482.50. This represents a 41.38 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 5.07% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently commented on AX. DA Davidson dropped their price objective 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. Keefe, Bruyette & Woods dropped their price target on Axos Financial from $91.00 to $90.00 and set a “market perform” rating on the stock in a research report on Wednesday, January 29th. StockNews.com raised Axos Financial from a “sell” rating to a “hold” rating in a research report on Monday, December 9th. Raymond James reissued an “outperform” rating and issued a $80.00 target price (up from $75.00) on shares of Axos Financial in a report on Wednesday, January 29th. Finally, Needham & Company LLC increased their target price on Axos Financial from $85.00 to $88.00 and gave the stock a “buy” rating in a research note on Wednesday, January 29th. Three equities research 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 an average rating of “Moderate Buy” and an average 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.