CrossFirst Bankshares, Inc. (NASDAQ:CFB) Shares Acquired by AlphaQuest LLC

AlphaQuest LLC boosted its position in CrossFirst Bankshares, Inc. (NASDAQ:CFB) by 160.0% during the 4th quarter, Holdings Channel reports. The fund owned 21,079 shares of the company’s stock after acquiring an additional 12,972 shares during the quarter. AlphaQuest LLC’s holdings in CrossFirst Bankshares were worth $319,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in CFB. State Street Corp raised its holdings in shares of CrossFirst Bankshares by 10.2% in the 3rd quarter. State Street Corp now owns 1,366,649 shares of the company’s stock valued at $22,809,000 after purchasing an additional 126,096 shares in the last quarter. Geode Capital Management LLC increased its holdings in CrossFirst Bankshares by 4.0% in the third quarter. Geode Capital Management LLC now owns 1,079,471 shares of the company’s stock valued at $18,019,000 after buying an additional 41,590 shares during the last quarter. Hotchkis & Wiley Capital Management LLC raised its stake in CrossFirst Bankshares by 4.8% in the third quarter. Hotchkis & Wiley Capital Management LLC now owns 480,250 shares of the company’s stock valued at $8,015,000 after buying an additional 22,000 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of CrossFirst Bankshares by 0.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 358,052 shares of the company’s stock worth $5,424,000 after acquiring an additional 2,547 shares in the last quarter. Finally, Empowered Funds LLC increased its holdings in shares of CrossFirst Bankshares by 5.1% in the 4th quarter. Empowered Funds LLC now owns 155,486 shares of the company’s stock valued at $2,356,000 after acquiring an additional 7,508 shares during the last quarter. Hedge funds and other institutional investors own 56.29% of the company’s stock.

CrossFirst Bankshares Price Performance

Shares of NASDAQ CFB opened at $15.99 on Friday. The stock’s 50-day simple moving average is $15.78 and its 200-day simple moving average is $16.35. The firm has a market capitalization of $788.55 million, a PE ratio of 10.25 and a beta of 1.07. CrossFirst Bankshares, Inc. has a fifty-two week low of $10.64 and a fifty-two week high of $19.22. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.97 and a current ratio of 0.97.

CrossFirst Bankshares (NASDAQ:CFB) last issued its quarterly earnings data on Tuesday, January 28th. The company reported $0.45 earnings per share for the quarter, topping the consensus estimate of $0.43 by $0.02. CrossFirst Bankshares had a net margin of 15.18% and a return on equity of 11.06%. As a group, equities research analysts forecast that CrossFirst Bankshares, Inc. will post 1.7 EPS for the current fiscal year.

CrossFirst Bankshares Profile

CrossFirst Bankshares, Inc operates as the bank holding company for CrossFirst Bank that provides various banking and financial services to businesses, business owners, professionals, and its personal networks. The company offers commercial and industrial loans, including enterprise value lending; commercial real estate loans; construction and development loans, such as home builder lending; residential real estate, multifamily real estate, energy, SBA, and consumer loans; and credit cards.