CrossFirst Bankshares, Inc. (NASDAQ:CFB) Stake Raised by Virtu Financial LLC

Virtu Financial LLC lifted its stake in shares of CrossFirst Bankshares, Inc. (NASDAQ:CFB) by 50.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 64,000 shares of the company’s stock after acquiring an additional 21,359 shares during the quarter. Virtu Financial LLC owned about 0.13% of CrossFirst Bankshares worth $970,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the stock. National Bank of Canada FI acquired a new position in shares of CrossFirst Bankshares during the third quarter valued at approximately $25,000. Magnetar Financial LLC increased its stake in shares of CrossFirst Bankshares by 2.3% during the fourth quarter. Magnetar Financial LLC now owns 107,271 shares of the company’s stock valued at $1,625,000 after acquiring an additional 2,449 shares during the period. Charles Schwab Investment Management Inc. increased its stake in shares of CrossFirst Bankshares by 0.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 358,052 shares of the company’s stock valued at $5,424,000 after acquiring an additional 2,547 shares during the period. Principal Financial Group Inc. increased its stake in shares of CrossFirst Bankshares by 9.2% during the fourth quarter. Principal Financial Group Inc. now owns 31,509 shares of the company’s stock valued at $477,000 after acquiring an additional 2,648 shares during the period. Finally, Golden State Wealth Management LLC acquired a new position in shares of CrossFirst Bankshares during the fourth quarter valued at approximately $45,000. Institutional investors and hedge funds own 56.29% of the company’s stock.

CrossFirst Bankshares Price Performance

NASDAQ CFB opened at $15.99 on Monday. CrossFirst Bankshares, Inc. has a 12 month low of $10.64 and a 12 month high of $19.22. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.97 and a quick ratio of 0.97. The firm has a market capitalization of $788.55 million, a PE ratio of 10.25 and a beta of 1.07. The company’s 50 day simple moving average is $15.91 and its 200 day simple moving average is $16.28.

CrossFirst Bankshares (NASDAQ:CFB) last posted its quarterly earnings results on Tuesday, January 28th. The company reported $0.45 earnings per share (EPS) 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.