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

B. Metzler seel. Sohn & Co. AG cut its position in shares of Axos Financial, Inc. (NYSE:AX) by 11.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 23,033 shares of the company’s stock after selling 3,062 shares during the quarter. B. Metzler seel. Sohn & Co. AG’s holdings in Axos Financial were worth $1,609,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Heck Capital Advisors LLC purchased a new position in shares of Axos Financial in the 4th quarter worth approximately $35,000. Kestra Investment Management LLC purchased a new position in Axos Financial in the fourth quarter worth $52,000. R Squared Ltd purchased a new position in Axos Financial in the fourth quarter worth $66,000. SRS Capital Advisors Inc. grew its stake in Axos Financial by 238.6% in the 4th quarter. SRS Capital Advisors Inc. now owns 1,097 shares of the company’s stock valued at $77,000 after purchasing an additional 773 shares during the period. Finally, Parkside Financial Bank & Trust increased its position in shares of Axos Financial by 206.1% during 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 last quarter. 83.79% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. DA Davidson cut their price target on shares of Axos Financial from $96.00 to $88.00 and set a “buy” rating on the stock in a report on Thursday, January 30th. Raymond James reissued an “outperform” rating and set a $80.00 target price (up from $75.00) on shares of Axos Financial in a research report on Wednesday, January 29th. StockNews.com raised shares of Axos Financial from a “sell” rating to a “hold” rating in a report on Monday, December 9th. Needham & Company LLC increased their price objective on Axos Financial from $85.00 to $88.00 and gave the company a “buy” rating in a report on Wednesday, January 29th. Finally, 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 research note on Wednesday, January 29th. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $84.17.

Insider Transactions at Axos Financial

In other Axos Financial news, Director Sara Wardell-Smith acquired 3,000 shares of the stock in a transaction that occurred on Tuesday, March 4th. The shares were bought at an average price of $64.73 per share, for a total transaction of $194,190.00. Following the completion of the transaction, the director now owns 10,250 shares of the company’s stock, valued at approximately $663,482.50. This represents a 41.38 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 5.07% of the company’s stock.

Axos Financial Stock Up 1.5 %

Axos Financial stock opened at $65.36 on Thursday. The firm has a 50 day simple moving average of $67.23 and a 200 day simple moving average of $70.08. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.20. Axos Financial, Inc. has a 1-year low of $44.10 and a 1-year high of $88.46. The firm has a market capitalization of $3.73 billion, a price-to-earnings ratio of 8.78 and a beta of 1.45.

Axos Financial (NYSE:AX) last released its quarterly earnings data 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%. On average, analysts predict that Axos Financial, Inc. will post 7.22 earnings per share for the current year.

Axos Financial 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.