Barclays PLC Purchases 11,397 Shares of Axos Financial, Inc. (NYSE:AX)

Barclays PLC increased its position in shares of Axos Financial, Inc. (NYSE:AX - Free Report) by 8.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 154,112 shares of the company's stock after acquiring an additional 11,397 shares during the period. Barclays PLC owned about 0.27% of Axos Financial worth $10,764,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the company. Heck Capital Advisors LLC bought a new stake in shares of Axos Financial during the 4th quarter valued at approximately $35,000. Kestra Investment Management LLC bought a new stake in shares of Axos Financial during the fourth quarter worth $52,000. R Squared Ltd acquired a new position in shares of Axos Financial during the fourth quarter worth $66,000. SRS Capital Advisors Inc. lifted its stake in shares of 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 acquiring an additional 773 shares during the last quarter. Finally, Parkside Financial Bank & Trust lifted its stake in shares of Axos Financial by 206.1% in the 4th quarter. Parkside Financial Bank & Trust now owns 1,261 shares of the company's stock valued at $88,000 after acquiring an additional 849 shares during the last quarter. 83.79% of the stock is owned by institutional investors.

Insider Activity

In related news, Director Sara Wardell-Smith acquired 3,000 shares of the stock in a transaction dated Tuesday, March 4th. The stock was bought at an average price of $64.73 per share, for a total transaction of $194,190.00. Following the purchase, the director now directly owns 10,250 shares of the company's stock, valued at $663,482.50. The trade was a 41.38 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 5.07% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of brokerages have issued reports on AX. Raymond James reaffirmed 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. Needham & Company LLC boosted their price target on Axos Financial from $85.00 to $88.00 and gave the stock a "buy" rating in a report on Wednesday, January 29th. Keefe, Bruyette & Woods dropped their price objective on shares of Axos Financial from $91.00 to $90.00 and set a "market perform" rating for the company in a report on Wednesday, January 29th. Finally, DA Davidson reduced 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 equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $84.17.

Axos Financial Trading Down 1.1 %

Axos Financial stock traded down $0.69 during mid-day trading on Friday, hitting $62.63. 201,177 shares of the stock were exchanged, compared to its average volume of 529,223. The stock has a market capitalization of $3.58 billion, a price-to-earnings ratio of 8.42 and a beta of 1.33. 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 fifty day simple moving average is $62.82 and its two-hundred day simple moving average is $69.48.

Axos Financial (NYSE:AX - Get Free Report) last released its earnings results 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%. Analysts forecast that Axos Financial, Inc. will post 7.22 EPS for the current year.

Axos Financial Company 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.