Axos Financial, Inc. (NYSE:AX) Shares Bought by Epoch Investment Partners Inc.

Epoch Investment Partners Inc. boosted its stake in shares of Axos Financial, Inc. (NYSE:AX - Free Report) by 255.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 199,662 shares of the company's stock after buying an additional 143,474 shares during the period. Epoch Investment Partners Inc. owned 0.35% of Axos Financial worth $13,946,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the stock. Heck Capital Advisors LLC purchased a new stake in Axos Financial in the 4th quarter valued at about $35,000. Kestra Investment Management LLC purchased a new position in shares of Axos Financial during the 4th quarter worth approximately $52,000. NewEdge Advisors LLC increased its holdings in Axos Financial by 1,700.0% in the 4th quarter. NewEdge Advisors LLC now owns 900 shares of the company's stock valued at $63,000 after purchasing an additional 850 shares during the last quarter. R Squared Ltd purchased a new stake in Axos Financial in the fourth quarter valued at approximately $66,000. Finally, SRS Capital Advisors Inc. lifted its stake in Axos Financial by 238.6% during the fourth quarter. SRS Capital Advisors Inc. now owns 1,097 shares of the company's stock worth $77,000 after purchasing an additional 773 shares in the last quarter. 83.79% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have weighed in on AX. Raymond James reaffirmed an "outperform" rating and issued a $80.00 target price (up from $75.00) on shares of Axos Financial in a research report on Wednesday, January 29th. Needham & Company LLC lifted their price objective on shares of Axos Financial from $85.00 to $88.00 and gave the company a "buy" rating in a report on Wednesday, January 29th. Keefe, Bruyette & Woods reduced 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. Finally, DA Davidson reduced their price target on Axos Financial from $96.00 to $88.00 and set a "buy" rating on the stock in a research report on Thursday, January 30th. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $84.17.

Axos Financial Stock Down 0.2 %

AX stock traded down $0.13 during midday trading on Friday, reaching $63.20. 54,720 shares of the company were exchanged, compared to its average volume of 528,711. The stock's 50-day simple moving average is $62.97 and its 200 day simple moving average is $69.47. Axos Financial, Inc. has a 1-year low of $44.10 and a 1-year high of $88.46. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.09 and a current ratio of 1.09. The company has a market cap of $3.61 billion, a price-to-earnings ratio of 8.49 and a beta of 1.33.

Axos Financial (NYSE:AX - Get Free Report) last posted its earnings results on Tuesday, January 28th. The company reported $1.82 EPS for the quarter, topping 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, equities analysts forecast that Axos Financial, Inc. will post 7.22 earnings per share for the current year.

Insider Activity at Axos Financial

In related news, Director Sara Wardell-Smith bought 3,000 shares of the stock in a transaction on Tuesday, March 4th. The shares were bought 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 of the company's stock, valued at $663,482.50. This trade represents a 41.38 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. 5.07% of the stock is owned by insiders.

About Axos Financial

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.