Brevan Howard Capital Management Adds $10M in Axos Financial, Inc. ($AX)
Key Points
- Brevan Howard Capital Management changed its Axos Financial, Inc. ($AX) stake by 440.5% last quarter, boosting to 135,129 shares worth $12.20 million.
- Wall Street's consensus rating on $AX is Strong Buy and an average price target of $110.17.
- $AX last traded around $90.28.
Brevan Howard Capital Management increased its position in Axos Financial, Inc. ($AX) by 440.5% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 135,129 shares of Axos Financial, Inc. after buying 110,129 shares during the quarter. Brevan Howard Capital Management's holdings in Axos Financial, Inc. were worth $12.20 million as of its most recent filing.
Axos Financial, Inc. ($AX) Stock
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About Axos Financial, Inc.
Axos Financial, Inc., together with its subsidiaries, operates as a consumer and business banking provider in the United States. The company operates through two segments, Banking Business and Securities Business. It offers deposits products, including consumer and business checking, savings, time deposit, and commercial and deposits. The company also provides residential single family, multifamily, and commercial mortgage loans; commercial real estate secured, commercial and industrial non-real estate, and auto and consumer loans. In addition, it offers a range of investment and wealth management services, such as disclosed clearing, recordkeeping, trade reporting, and reorganization assistance services, as well as margin loans and securities lending services. The company was formerly known as BofI Holding, Inc. and changed its name to Axos Financial, Inc. in September 2018. Axos Financial, Inc. was incorporated in 1999 and is based in Las Vegas, Nevada.
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