Barclays PLC Acquires 49,406 Shares of CrossFirst Bankshares, Inc. (NASDAQ:CFB)

Barclays PLC boosted its stake in CrossFirst Bankshares, Inc. (NASDAQ:CFB - Free Report) by 73.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 116,557 shares of the company's stock after acquiring an additional 49,406 shares during the period. Barclays PLC owned 0.24% of CrossFirst Bankshares worth $1,947,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. XTX Topco Ltd acquired a new stake in CrossFirst Bankshares during the 3rd quarter worth about $992,000. National Bank of Canada FI bought a new stake in shares of CrossFirst Bankshares during the 3rd quarter valued at about $25,000. EP Wealth Advisors LLC acquired a new stake in CrossFirst Bankshares during the third quarter worth approximately $211,000. Jane Street Group LLC increased its holdings in CrossFirst Bankshares by 55.8% in the third quarter. Jane Street Group LLC now owns 102,126 shares of the company's stock worth $1,704,000 after purchasing an additional 36,562 shares in the last quarter. Finally, State Street Corp increased its holdings in CrossFirst Bankshares by 10.2% in the third quarter. State Street Corp now owns 1,366,649 shares of the company's stock worth $22,809,000 after purchasing an additional 126,096 shares in the last quarter. Institutional investors and hedge funds own 56.29% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, Janney Montgomery Scott raised shares of CrossFirst Bankshares from a "neutral" rating to a "buy" rating and set a $21.00 price objective for the company in a research report on Tuesday, September 10th.

CrossFirst Bankshares Stock Down 2.5 %

Shares of CFB stock traded down $0.39 on Friday, reaching $15.31. 111,810 shares of the company were exchanged, compared to its average volume of 240,396. CrossFirst Bankshares, Inc. has a one year low of $10.64 and a one year high of $19.22. The company has a market cap of $755.01 million, a price-to-earnings ratio of 10.41 and a beta of 1.06. The company has a 50-day moving average of $16.72 and a 200-day moving average of $16.37. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.97 and a quick ratio of 0.97.

Insider Buying and Selling

In other CrossFirst Bankshares news, Director George Bruce bought 100 shares of the firm's stock in a transaction dated Wednesday, October 30th. The stock was bought at an average cost of $1,000.00 per share, with a total value of $100,000.00. Following the completion of the transaction, the director now directly owns 100 shares in the company, valued at approximately $100,000. The trade was a ∞ increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. 9.03% of the stock is owned by company insiders.

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.