Axos Financial, Inc. (NYSE:AX) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC reduced its position in shares of Axos Financial, Inc. (NYSE:AX) by 1.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 20,563 shares of the company’s stock after selling 314 shares during the period. Yousif Capital Management LLC’s holdings in Axos Financial were worth $1,436,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also modified their holdings of the company. Heck Capital Advisors LLC purchased a new position in Axos Financial in the 4th quarter valued at approximately $35,000. Ashton Thomas Securities LLC purchased a new position in Axos Financial in the third quarter valued at $41,000. Farther Finance Advisors LLC grew its stake in Axos Financial by 881.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 648 shares of the company’s stock worth $41,000 after purchasing an additional 582 shares in the last quarter. GAMMA Investing LLC increased its holdings in Axos Financial by 45.7% during the 3rd quarter. GAMMA Investing LLC now owns 982 shares of the company’s stock worth $62,000 after purchasing an additional 308 shares during the period. Finally, US Bancorp DE raised its position in Axos Financial by 325.2% in the 3rd quarter. US Bancorp DE now owns 1,029 shares of the company’s stock valued at $65,000 after purchasing an additional 787 shares in the last quarter. 83.79% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

AX has been the subject of a number of analyst reports. Needham & Company LLC boosted their price objective on Axos Financial from $85.00 to $88.00 and gave the stock a “buy” rating in a research report on Wednesday, January 29th. StockNews.com upgraded shares of Axos Financial from a “sell” rating to a “hold” rating in a report on Monday, December 9th. DA Davidson reduced their price objective 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. Keefe, Bruyette & Woods lowered their target price on shares of Axos Financial from $91.00 to $90.00 and set a “market perform” rating for the company in a research note on Wednesday, January 29th. Finally, 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 report on Wednesday, January 29th. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $84.17.

Axos Financial Trading Down 2.5 %

NYSE AX opened at $70.29 on Thursday. The firm’s fifty day moving average price is $72.39 and its 200 day moving average price is $70.26. 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 current ratio of 1.09 and a quick ratio of 1.09. The company has a market capitalization of $4.01 billion, a price-to-earnings ratio of 9.45 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 the consensus estimate of $1.75 by $0.07. Axos Financial had a net margin of 22.10% and a return on equity of 18.67%. On average, sell-side analysts expect that Axos Financial, Inc. will post 7.18 earnings per share for the current fiscal year.

Insider Activity at Axos Financial

In related news, Director Edward James Ratinoff sold 4,002 shares of the business’s stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $79.41, for a total value of $317,798.82. Following the transaction, the director now owns 46,209 shares in the company, valued at $3,669,456.69. The trade was a 7.97 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 5.07% of the company’s stock.

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.