According to the most recent report that the company has submitted to the Securities and Exchange Commission, Comerica Bank decreased the amount of Axos Financial, Inc. (NYSE: AX) shares that it owned by 11.1% during the third quarter. The corporation had a total holding of 40,649 shares of the company’s stock before it sold 5,075 shares during that period.
Axos Financial owned 0.07% of Comerica Bank’s shares at the end of the most recent reporting period, valued at a total of $1,418,000.
Recent transactions involving other significant investors involved the buying and selling business stock. These transactions took place recently.
A new investment in the value of Axos Financial, totaling $26,000, was made by Lazard Asset Management LLC during the second quarter. The Financial Institutions Division of the National Bank of Canada increased the amount of Axos Financial stock owned by 273.2 percent during the second quarter. The National Bank of Canada FI now has a total of 765 shares of the company, which are worth a combined total of $27,000 after the purchase of an additional 560 shares during the most recent quarter for a total investment of 765 shares. Steward Partners Investment Advisory LLC increased its ownership of Axos Financial to 110.5% after purchasing 105.5% of the company in the second quarter of 2018. Steward Partners Investment Advisory LLC now holds 1,724 shares, valued at $62,000, after purchasing an additional 885 shares during the most recent quarter. Steward Partners Investment Advisory LLC’s stock holdings have increased by $62,000 since the beginning of this most recent quarter. Fifth Third Bancorp successfully increased its holdings in Axos Financial by a percentage equal to 75.3% during the second quarter of the fiscal year.
After the most recent acquisition of 964 additional shares during the most recent quarter, Fifth Third Bancorp is now the owner of 2,245 shares of the company’s stock, which have a combined value of $81,000. This comes as a result of the company’s most recent purchase.
And finally, but certainly not least, throughout the second quarter, Captrust Financial Advisors increased the proportion of Axos Financial stock it owns by 13.5%. Captrust Financial Advisors increased their ownership of the company’s stock by purchasing an additional 468 shares during the most recent fiscal quarter, bringing their total ownership of the company’s stock to 3,926 shares with a value of $141,000.
Institutional investors own 76.97% of the company’s shares, making them the majority of the shareholders.
A large number of research papers have been written and published on the subject of AX.
This past Wednesday, October 12th, StockNews.com announced the launch of its coverage of Axos Financial shares by publishing a research report that was made available to the public. They advised their clients to “hold” the stock moving forward. Raymond James lowered their price objective for the Axos Financial stock they cover and gave the company’s stock a “strong-buy” rating in a research report published on October 31st and made available to the general public.
Piper Sandler informed investors that they had increased their target price for Axos Financial shares to $47,000 in a research note dated November 1st. The note was included in a publication that was sent out to investors.
Lastly, but certainly not least, DA Davidson increased their price target on Axos Financial shares to $48 and made the increase.
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