CrossFirst Bankshares, Inc. (NASDAQ:CFB) Shares Purchased by Magnetar Financial LLC

Magnetar Financial LLC increased its holdings in shares of CrossFirst Bankshares, Inc. (NASDAQ:CFB) by 2.3% during the 4th quarter, Holdings Channel.com reports. The fund owned 107,271 shares of the company’s stock after buying an additional 2,449 shares during the period. Magnetar Financial LLC’s holdings in CrossFirst Bankshares were worth $1,625,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. National Bank of Canada FI bought a new position in CrossFirst Bankshares in the 3rd quarter worth about $25,000. Golden State Wealth Management LLC bought a new position in CrossFirst Bankshares in the 4th quarter worth about $45,000. R Squared Ltd bought a new position in CrossFirst Bankshares in the 4th quarter worth about $58,000. Point72 DIFC Ltd bought a new position in shares of CrossFirst Bankshares in the third quarter valued at approximately $93,000. Finally, Quest Partners LLC boosted its holdings in shares of CrossFirst Bankshares by 3,091.7% in the third quarter. Quest Partners LLC now owns 8,107 shares of the company’s stock valued at $135,000 after acquiring an additional 7,853 shares in the last quarter. Institutional investors and hedge funds own 56.29% of the company’s stock.

CrossFirst Bankshares Stock Performance

CrossFirst Bankshares stock opened at $15.99 on Friday. The firm has a 50 day simple moving average of $15.88 and a 200-day simple moving average of $16.31. 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 stock has a market capitalization of $788.55 million, a PE ratio of 10.25 and a beta of 1.07. CrossFirst Bankshares, Inc. has a 12-month low of $10.64 and a 12-month high of $19.22.

CrossFirst Bankshares (NASDAQ:CFB) last posted 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%. As a group, equities research analysts expect that CrossFirst Bankshares, Inc. will post 1.7 EPS for the current fiscal 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.