Brandywine Global Investment Management LLC Has $1.73 Million Holdings in CrossFirst Bankshares, Inc. (NASDAQ:CFB)

Brandywine Global Investment Management LLC decreased its stake in shares of CrossFirst Bankshares, Inc. (NASDAQ:CFB) by 4.4% during the fourth quarter, HoldingsChannel.com reports. The fund owned 114,270 shares of the company’s stock after selling 5,306 shares during the period. Brandywine Global Investment Management LLC’s holdings in CrossFirst Bankshares were worth $1,731,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. Franklin Resources Inc. grew its holdings in CrossFirst Bankshares by 211.8% during the third quarter. Franklin Resources Inc. now owns 52,789 shares of the company’s stock valued at $845,000 after purchasing an additional 35,858 shares during the last quarter. Barclays PLC grew its stake in CrossFirst Bankshares by 73.6% in the 3rd quarter. Barclays PLC now owns 116,557 shares of the company’s stock valued at $1,947,000 after buying an additional 49,406 shares during the last quarter. State Street Corp raised its holdings in 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 acquiring an additional 126,096 shares during the period. Jane Street Group LLC raised its holdings in CrossFirst Bankshares by 55.8% in the 3rd quarter. Jane Street Group LLC now owns 102,126 shares of the company’s stock worth $1,704,000 after acquiring an additional 36,562 shares during the period. Finally, Wolverine Asset Management LLC lifted its position in CrossFirst Bankshares by 325.5% during the 4th quarter. Wolverine Asset Management LLC now owns 78,003 shares of the company’s stock worth $1,182,000 after acquiring an additional 59,671 shares during the last quarter. 56.29% of the stock is owned by institutional investors.

CrossFirst Bankshares Stock Performance

Shares of NASDAQ:CFB opened at $15.99 on Thursday. The company has a market cap of $788.55 million, a P/E ratio of 10.25 and a beta of 1.07. The stock’s 50-day moving average is $16.09 and its 200-day moving average is $16.23. CrossFirst Bankshares, Inc. has a 52-week low of $10.64 and a 52-week high of $19.22. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.97 and a current ratio of 0.97.

CrossFirst Bankshares (NASDAQ:CFB) last announced 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%. Equities research analysts predict that CrossFirst Bankshares, Inc. will post 1.7 earnings per share 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.