Golden State Wealth Management LLC Takes $45,000 Position in CrossFirst Bankshares, Inc. (NASDAQ:CFB)

Golden State Wealth Management LLC bought a new position in CrossFirst Bankshares, Inc. (NASDAQ:CFB) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund bought 3,000 shares of the company’s stock, valued at approximately $45,000.

Other large investors have also recently modified their holdings of the company. State Street Corp boosted its position in shares of CrossFirst Bankshares by 10.2% during the third quarter. State Street Corp now owns 1,366,649 shares of the company’s stock valued at $22,809,000 after buying an additional 126,096 shares during the period. Geode Capital Management LLC lifted its stake in shares of CrossFirst Bankshares by 4.0% during the 3rd quarter. Geode Capital Management LLC now owns 1,079,471 shares of the company’s stock worth $18,019,000 after acquiring an additional 41,590 shares during the last quarter. Hotchkis & Wiley Capital Management LLC boosted its holdings in CrossFirst Bankshares by 4.8% during the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 480,250 shares of the company’s stock valued at $8,015,000 after acquiring an additional 22,000 shares during the period. Charles Schwab Investment Management Inc. grew its position in CrossFirst Bankshares by 2.3% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 355,505 shares of the company’s stock valued at $5,933,000 after acquiring an additional 7,823 shares during the last quarter. Finally, Kavar Capital Partners Group LLC increased its stake in CrossFirst Bankshares by 2.8% in the third quarter. Kavar Capital Partners Group LLC now owns 126,750 shares of the company’s stock worth $2,115,000 after purchasing an additional 3,510 shares during the period. Institutional investors own 56.29% of the company’s stock.

CrossFirst Bankshares Stock Up 3.6 %

NASDAQ:CFB opened at $16.89 on Wednesday. The stock has a fifty day simple moving average of $15.79 and a 200-day simple moving average of $16.50. 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 company has a market cap of $832.93 million, a price-to-earnings ratio of 10.83 and a beta of 1.07. CrossFirst Bankshares, Inc. has a twelve month low of $10.64 and a twelve month high of $19.22.

CrossFirst Bankshares (NASDAQ:CFB) last released its quarterly earnings data on Tuesday, January 28th. The company reported $0.45 earnings per share (EPS) for the quarter, beating 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%. Analysts anticipate that CrossFirst Bankshares, Inc. will post 1.7 EPS for the current year.

CrossFirst Bankshares Company 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.