CrossFirst Bankshares, Inc. (NASDAQ:CFB) Shares Sold by Waterfront Wealth Inc.

Waterfront Wealth Inc. cut its position in CrossFirst Bankshares, Inc. (NASDAQ:CFB) by 5.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 14,400 shares of the company’s stock after selling 750 shares during the quarter. Waterfront Wealth Inc.’s holdings in CrossFirst Bankshares were worth $218,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. National Bank of Canada FI purchased a new stake in CrossFirst Bankshares in the third quarter valued at approximately $25,000. Golden State Wealth Management LLC acquired a new position in shares of CrossFirst Bankshares in the 4th quarter valued at $45,000. R Squared Ltd purchased a new stake in CrossFirst Bankshares in the 4th quarter valued at $58,000. Point72 DIFC Ltd acquired a new stake in CrossFirst Bankshares during the 3rd quarter worth $93,000. Finally, Quest Partners LLC grew its position in CrossFirst Bankshares by 3,091.7% during the 3rd quarter. Quest Partners LLC now owns 8,107 shares of the company’s stock worth $135,000 after purchasing an additional 7,853 shares during the last quarter. 56.29% of the stock is owned by institutional investors and hedge funds.

CrossFirst Bankshares Trading Down 2.8 %

NASDAQ CFB opened at $16.14 on Friday. The firm’s fifty day moving average is $15.66 and its two-hundred day moving average is $16.44. CrossFirst Bankshares, Inc. has a one year low of $10.64 and a one year 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. The firm has a market cap of $795.86 million, a PE ratio of 10.35 and a beta of 1.07.

CrossFirst Bankshares (NASDAQ:CFB) last issued its quarterly earnings results on Tuesday, January 28th. The company reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.43 by $0.02. CrossFirst Bankshares had a return on equity of 11.06% and a net margin of 15.18%. Analysts expect that CrossFirst Bankshares, Inc. will post 1.7 earnings per share for the current 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.