Vontobel Holding Ltd. Has $249,000 Stock Position in Axos Financial, Inc. (NYSE:AX)

Vontobel Holding Ltd. lowered its position in shares of Axos Financial, Inc. (NYSE:AX) by 44.6% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,558 shares of the company’s stock after selling 2,866 shares during the quarter. Vontobel Holding Ltd.’s holdings in Axos Financial were worth $249,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Heck Capital Advisors LLC bought a new position in shares of Axos Financial in the 4th quarter valued at about $35,000. Farther Finance Advisors LLC boosted its stake in shares of Axos Financial by 881.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 648 shares of the company’s stock valued at $41,000 after purchasing an additional 582 shares during the last quarter. Ashton Thomas Securities LLC bought a new position in shares of Axos Financial in the 3rd quarter valued at about $41,000. R Squared Ltd bought a new position in shares of Axos Financial in the 4th quarter valued at about $66,000. Finally, US Bancorp DE boosted its stake in shares of 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 during the last quarter. Institutional investors and hedge funds own 83.79% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently weighed in on AX. Needham & Company LLC lifted their price objective on shares of Axos Financial from $85.00 to $88.00 and gave the stock a “buy” rating in a research note on Wednesday, January 29th. Keefe, Bruyette & Woods dropped their target price on shares of Axos Financial from $91.00 to $90.00 and set a “market perform” rating on the stock in a 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. Raymond James restated an “outperform” rating and set a $80.00 target price (up from $75.00) on shares of Axos Financial in a report on Wednesday, January 29th. Finally, DA Davidson dropped their target price 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. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $84.17.

Axos Financial Price Performance

NYSE AX opened at $66.02 on Friday. Axos Financial, Inc. has a 12-month low of $44.10 and a 12-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 firm’s 50 day moving average is $70.91 and its 200-day moving average is $70.16. The company has a market capitalization of $3.77 billion, a PE ratio of 8.87 and a beta of 1.45.

Axos Financial (NYSE:AX) last released its earnings results on Tuesday, January 28th. The company reported $1.82 earnings per share 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%. Equities research analysts anticipate that Axos Financial, Inc. will post 7.22 earnings per share for the current fiscal 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.