CrossFirst Bankshares, Inc. (NASDAQ:CFB) Shares Sold by Geode Capital Management LLC

Geode Capital Management LLC cut its position in shares of CrossFirst Bankshares, Inc. (NASDAQ:CFB) by 1.1% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 1,067,635 shares of the company’s stock after selling 11,836 shares during the quarter. Geode Capital Management LLC’s holdings in CrossFirst Bankshares were worth $16,178,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in CFB. State Street Corp grew its stake in 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 acquiring an additional 126,096 shares during the period. Jane Street Group LLC lifted its holdings in CrossFirst Bankshares by 55.8% during the third quarter. Jane Street Group LLC now owns 102,126 shares of the company’s stock valued at $1,704,000 after purchasing an additional 36,562 shares in the last quarter. Barclays PLC lifted its holdings in CrossFirst Bankshares by 73.6% during the third quarter. Barclays PLC now owns 116,557 shares of the company’s stock valued at $1,947,000 after purchasing an additional 49,406 shares in the last quarter. Virtu Financial LLC acquired a new stake in shares of CrossFirst Bankshares in the third quarter valued at about $712,000. Finally, Franklin Resources Inc. increased its stake in shares of CrossFirst Bankshares by 211.8% during the third quarter. Franklin Resources Inc. now owns 52,789 shares of the company’s stock worth $845,000 after purchasing an additional 35,858 shares in the last quarter. Institutional investors and hedge funds own 56.29% of the company’s stock.

CrossFirst Bankshares Stock Performance

Shares of CrossFirst Bankshares stock opened at $15.99 on Monday. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.11. CrossFirst Bankshares, Inc. has a twelve month low of $12.03 and a twelve month high of $19.22. The firm has a market capitalization of $788.55 million, a PE ratio of 10.25 and a beta of 1.07. The firm’s 50-day moving average price is $16.06 and its 200 day moving average price is $16.15.

CrossFirst Bankshares (NASDAQ:CFB) last released its earnings results on Tuesday, January 28th. The company reported $0.45 earnings per share 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%. On average, sell-side analysts predict that CrossFirst Bankshares, Inc. will post 1.7 EPS for the current fiscal year.

About CrossFirst Bankshares

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.