D.A.
Davidson & Co.
Is reported to have liquidated 61.4% of its holdings in Axos Financial, Inc. (NYSE: A.X.) during the third quarter, as stated in the most recent SEC filing that the company has submitted.
As a result of the fund selling 38,336 shares of the company’s stock during the quarter, the total number of shares it currently holds in its portfolio is 24,065. When the most recent financial quarter closed, the value of D.A.
Davidson & CO.’s investment in Axos Financial was $824,000.
Several institutional investors and other hedge funds recently altered the proportion of the company’s stock they owned in response to recent market events.
A 1.7% increase in the proportion of Axos Financial stock that Victory Capital Management Inc. owned as of the end of the second quarter was reflected in that company’s ownership percentage. Compared to the previous holdings, Victory Capital Management Inc. now has 338 more shares of the company’s stock, collectively worth an additional $707 in value.
DURING THE SECOND QUARTER, Price T. Rowe Associates Inc. (M.D.) increased the proportion of Axos Financial stock that it held by one-hundredth of one percent.
After making a new purchase of 339 shares during the most recent quarter, Price T. Rowe Associates Inc. (M.D.) now owns a total of 35,680 shares in the company, which have a value of $1,279,000.
Mhis brings the company’s total number of shares it has in the company to date to 1,279; The Maryland State Retirement and Pension System increased the amount of Axos Financial stock that is owned by 2.0% during the second quarter of the fiscal year.
Mhe Maryland State Retirement and Pension System now owns 21,902 shares, valued at $785,000, after purchasing 428 additional shares during the most recent fiscal quarter.
Mhis brings the total number of shares the system owns in the company to 21,912. Natixis Advisors L.P.
Increased the amount of Axos Financial stock owned by 4.3% over the year’s first three months. Natixis Advisors L.P. now directly owns 11,233 shares in the company, which have a value of $521,000 due to purchasing 460 additional shares during the most recent fiscal quarter.
Last but not least, during the second quarter, Captrust Financial Advisors boosted the amount of Axos Financial stock it had invested by 13.5%. Captrust Financial Advisors now owns a total of 3,926 shares in the company, which have a value of $141,000 thanks to the recent purchase of 468 additional shares in the company during the most recent quarter. Hedge funds and other types of institutional investors hold 76.97% of the company’s market capitalization.
A recent publication on A.X. shares the findings of several equity research professionals who have recently published their studies.
DA Davidson announced in a report made public on Tuesday, November 1, that the company had increased its price objective for Axos Financial to $48. Wedbush raised their price target on Axos Financial from $42.00 to $48
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