ABC Arbitrage SA purchased a new position in CrossFirst Bankshares, Inc. (NASDAQ:CFB - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 36,344 shares of the company's stock, valued at approximately $551,000. ABC Arbitrage SA owned about 0.07% of CrossFirst Bankshares as of its most recent SEC filing.
Other institutional investors and hedge funds have also made changes to their positions in the company. National Bank of Canada FI acquired a new position in CrossFirst Bankshares in the 3rd quarter valued at $25,000. Golden State Wealth Management LLC purchased a new stake in shares of CrossFirst Bankshares in the fourth quarter valued at $45,000. R Squared Ltd purchased a new stake in shares of CrossFirst Bankshares in the fourth quarter valued at $58,000. Point72 DIFC Ltd purchased a new position in CrossFirst Bankshares during the third quarter worth about $93,000. Finally, Quest Partners LLC boosted its stake in CrossFirst Bankshares by 3,091.7% in the 3rd quarter. Quest Partners LLC now owns 8,107 shares of the company's stock worth $135,000 after buying an additional 7,853 shares during the last quarter. 56.29% of the stock is currently owned by hedge funds and other institutional investors.
CrossFirst Bankshares Trading Up 0.4 %
CFB traded up $0.06 during midday trading on Wednesday, hitting $16.55. The company's stock had a trading volume of 178,470 shares, compared to its average volume of 225,402. The firm has a market cap of $816.08 million, a P/E ratio of 10.61 and a beta of 1.07. CrossFirst Bankshares, Inc. has a 52-week low of $10.64 and a 52-week high of $19.22. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.11. The firm has a 50-day moving average price of $15.70 and a two-hundred day moving average price of $16.44.
CrossFirst Bankshares (NASDAQ:CFB - Get Free Report) last announced its quarterly earnings results on Tuesday, January 28th. The company reported $0.45 earnings per share for the quarter, beating analysts' consensus estimates of $0.43 by $0.02. CrossFirst Bankshares had a net margin of 15.18% and a return on equity of 11.06%. On average, research analysts anticipate that CrossFirst Bankshares, Inc. will post 1.7 earnings per share for the current year.
About CrossFirst Bankshares
(
Free Report)
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.
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