Charles Schwab Investment Management Inc. Raises Stock Holdings in CrossFirst Bankshares, Inc. (NASDAQ:CFB)

Charles Schwab Investment Management Inc. lifted its holdings in CrossFirst Bankshares, Inc. (NASDAQ:CFB) by 0.7% in the fourth quarter, HoldingsChannel reports. The firm owned 358,052 shares of the company’s stock after purchasing an additional 2,547 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in CrossFirst Bankshares were worth $5,424,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. State Street Corp grew its stake in shares of CrossFirst Bankshares by 10.2% in the 3rd quarter. State Street Corp now owns 1,366,649 shares of the company’s stock worth $22,809,000 after buying an additional 126,096 shares in the last quarter. Wolverine Asset Management LLC lifted its holdings in shares of CrossFirst Bankshares by 325.5% in the 4th quarter. Wolverine Asset Management LLC now owns 78,003 shares of the company’s stock valued at $1,182,000 after acquiring an additional 59,671 shares during the last quarter. XTX Topco Ltd purchased a new position in CrossFirst Bankshares in the third quarter worth about $992,000. Dynamic Technology Lab Private Ltd bought a new stake in CrossFirst Bankshares during the third quarter worth approximately $848,000. Finally, Barclays PLC raised its position 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 during the period. Institutional investors own 56.29% of the company’s stock.

CrossFirst Bankshares Price Performance

Shares of CrossFirst Bankshares stock opened at $15.99 on Wednesday. The stock has a market cap of $788.55 million, a price-to-earnings ratio of 10.25 and a beta of 1.07. 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 stock has a 50 day moving average price of $15.98 and a 200-day moving average price of $16.27. CrossFirst Bankshares, Inc. has a one year low of $10.64 and a one year high of $19.22.

CrossFirst Bankshares (NASDAQ:CFB) last posted its quarterly earnings data on Tuesday, January 28th. The company reported $0.45 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%. Equities analysts expect that CrossFirst Bankshares, Inc. will post 1.7 EPS for the current 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.