AXA (OTCMKTS:AXAHY) Sets New 1-Year High - Here's What Happened

Axa Sa (OTCMKTS:AXAHY - Get Free Report) hit a new 52-week high during trading on Friday . The stock traded as high as $49.23 and last traded at $49.20, with a volume of 10749 shares. The stock had previously closed at $47.95.

Analysts Set New Price Targets

A number of research firms have recently commented on AXAHY. Morgan Stanley reissued an "overweight" rating on shares of AXA in a report on Wednesday, March 5th. The Goldman Sachs Group raised shares of AXA from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, April 2nd. Finally, Barclays reaffirmed an "overweight" rating on shares of AXA in a research note on Wednesday, June 11th.

AXA Price Performance

The stock's 50-day moving average price is $46.83 and its 200-day moving average price is $41.56.

AXA Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, May 22nd. Shareholders of record on Monday, May 5th were given a dividend of $2.0192 per share. The ex-dividend date was Friday, May 2nd. This represents a yield of 4.31%.

About AXA

AXA SA, through its subsidiaries, provides insurance, asset management, and banking services worldwide. The company operates through six segments: France; Europe; AXA XL; Asia, Africa & EME-LATAM; AXA Investment Managers; and Transversal & Other segments It offers life and savings insurance products, such as savings and retirement, other health, and personal protection products.