Millstone Evans Group LLC Acquires Shares of 20,000 CrossFirst Bankshares, Inc. (NASDAQ:CFB)

Millstone Evans Group LLC acquired a new stake in CrossFirst Bankshares, Inc. (NASDAQ:CFB) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 20,000 shares of the company’s stock, valued at approximately $303,000.

Several other institutional investors also recently bought and sold shares of CFB. Skandinaviska Enskilda Banken AB publ grew its holdings in CrossFirst Bankshares by 782.3% in the fourth quarter. Skandinaviska Enskilda Banken AB publ now owns 176,466 shares of the company’s stock valued at $2,686,000 after purchasing an additional 156,466 shares during the period. State Street Corp grew its holdings in CrossFirst Bankshares by 10.2% in the third quarter. State Street Corp now owns 1,366,649 shares of the company’s stock valued at $22,809,000 after purchasing an additional 126,096 shares during the period. Wolverine Asset Management LLC lifted its position in shares of CrossFirst Bankshares by 325.5% in the fourth 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 in the last quarter. XTX Topco Ltd purchased a new position in shares of CrossFirst Bankshares in the third quarter valued at approximately $992,000. Finally, Dynamic Technology Lab Private Ltd purchased a new position in shares of CrossFirst Bankshares in the third quarter valued at approximately $848,000. 56.29% of the stock is owned by institutional investors and hedge funds.

CrossFirst Bankshares Stock Performance

NASDAQ CFB opened at $15.99 on Friday. The company has a market cap of $788.55 million, a PE ratio of 10.25 and a beta of 1.07. The stock’s 50 day simple moving average is $15.91 and its 200-day simple moving average is $16.30. CrossFirst Bankshares, Inc. has a 1-year low of $10.64 and a 1-year high of $19.22. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.97 and a quick ratio of 0.97.

CrossFirst Bankshares (NASDAQ:CFB) last released 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%. As a group, equities research analysts anticipate 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.