Hussman Strategic Advisors Inc. acquired a new position in CrossFirst Bankshares, Inc. (NASDAQ:CFB – Free Report) in the fourth quarter, Holdings Channel reports. The fund acquired 21,000 shares of the company’s stock, valued at approximately $318,000.
A number of other large investors also recently bought and sold shares of the business. State Street Corp raised its stake in CrossFirst Bankshares by 10.2% in the third 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. Geode Capital Management LLC increased its position in shares of CrossFirst Bankshares by 4.0% during the third quarter. Geode Capital Management LLC now owns 1,079,471 shares of the company’s stock worth $18,019,000 after purchasing an additional 41,590 shares in the last quarter. Hotchkis & Wiley Capital Management LLC increased its position in shares of CrossFirst Bankshares by 4.8% during the third quarter. Hotchkis & Wiley Capital Management LLC now owns 480,250 shares of the company’s stock worth $8,015,000 after purchasing an additional 22,000 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of CrossFirst Bankshares by 2.3% during the third quarter. Charles Schwab Investment Management Inc. now owns 355,505 shares of the company’s stock worth $5,933,000 after purchasing an additional 7,823 shares in the last quarter. Finally, Empowered Funds LLC increased its position in shares of CrossFirst Bankshares by 5.1% during the fourth quarter. Empowered Funds LLC now owns 155,486 shares of the company’s stock worth $2,356,000 after purchasing an additional 7,508 shares in the last quarter. Institutional investors own 56.29% of the company’s stock.
CrossFirst Bankshares Stock Performance
Shares of CFB stock opened at $16.61 on Friday. The business’s fifty day simple moving average is $15.67 and its 200-day simple moving average is $16.45. The company has a market cap of $818.97 million, a PE ratio of 10.65 and a beta of 1.07. 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 12-month low of $10.64 and a 12-month high of $19.22.
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.
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