GSA Capital Partners LLP Has $1.70 Million Stock Holdings in Axos Financial, Inc. (NYSE:AX)

GSA Capital Partners LLP raised its position in Axos Financial, Inc. (NYSE:AX) by 122.2% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 31,440 shares of the company’s stock after buying an additional 17,288 shares during the quarter. GSA Capital Partners LLP owned 0.06% of Axos Financial worth $1,699,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in AX. BI Asset Management Fondsmaeglerselskab A S bought a new stake in shares of Axos Financial during the 1st quarter worth $706,000. BNP Paribas Financial Markets raised its position in Axos Financial by 37.6% in the first quarter. BNP Paribas Financial Markets now owns 45,960 shares of the company’s stock valued at $2,484,000 after purchasing an additional 12,560 shares during the last quarter. Argent Capital Management LLC raised its position in Axos Financial by 10.4% in the first quarter. Argent Capital Management LLC now owns 5,999 shares of the company’s stock valued at $324,000 after purchasing an additional 567 shares during the last quarter. Raymond James & Associates raised its position in Axos Financial by 7.8% in the first quarter. Raymond James & Associates now owns 88,301 shares of the company’s stock valued at $4,772,000 after purchasing an additional 6,362 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC raised its position in Axos Financial by 96.7% in the first quarter. Allspring Global Investments Holdings LLC now owns 207,891 shares of the company’s stock valued at $11,234,000 after purchasing an additional 102,205 shares during the last quarter. 83.79% of the stock is owned by institutional investors and hedge funds.

Axos Financial Trading Up 1.8 %

NYSE AX traded up $1.02 during trading hours on Wednesday, hitting $58.24. 45,672 shares of the company’s stock were exchanged, compared to its average volume of 572,891. Axos Financial, Inc. has a 1-year low of $32.05 and a 1-year high of $63.00. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.20. The stock has a 50-day simple moving average of $56.33 and a 200 day simple moving average of $53.81. The firm has a market cap of $3.32 billion, a price-to-earnings ratio of 7.75 and a beta of 1.43.

Axos Financial (NYSE:AX) last announced its quarterly earnings data on Tuesday, April 30th. The company reported $1.91 EPS for the quarter, topping the consensus estimate of $1.70 by $0.21. Axos Financial had a net margin of 24.39% and a return on equity of 18.57%. The company had revenue of $476.73 million during the quarter, compared to the consensus estimate of $277.85 million. During the same quarter last year, the firm posted $1.35 EPS. On average, equities analysts forecast that Axos Financial, Inc. will post 6.76 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. Keefe, Bruyette & Woods reissued an “outperform” rating and issued a $79.00 price target on shares of Axos Financial in a research note on Tuesday, June 4th. Wedbush reissued a “neutral” rating and issued a $60.00 price target on shares of Axos Financial in a research note on Wednesday, May 1st. Finally, Piper Sandler increased their price target on Axos Financial from $65.00 to $68.00 and gave the company an “overweight” rating in a research note on Wednesday, May 1st. Two analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $67.25.

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.