CrossFirst Bankshares, Inc. (NASDAQ:CFB) Holdings Decreased by Brandywine Global Investment Management LLC

Brandywine Global Investment Management LLC reduced its holdings in CrossFirst Bankshares, Inc. (NASDAQ:CFB) by 4.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 114,270 shares of the company’s stock after selling 5,306 shares during the period. Brandywine Global Investment Management LLC owned about 0.23% of CrossFirst Bankshares worth $1,731,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. National Bank of Canada FI purchased a new stake in shares of CrossFirst Bankshares in the third quarter worth approximately $25,000. Magnetar Financial LLC increased its stake in CrossFirst Bankshares by 2.3% in the 4th quarter. Magnetar Financial LLC now owns 107,271 shares of the company’s stock valued at $1,625,000 after buying an additional 2,449 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in shares of CrossFirst Bankshares by 0.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 358,052 shares of the company’s stock valued at $5,424,000 after buying an additional 2,547 shares during the period. Principal Financial Group Inc. grew its holdings in shares of CrossFirst Bankshares by 9.2% during the 4th quarter. Principal Financial Group Inc. now owns 31,509 shares of the company’s stock valued at $477,000 after acquiring an additional 2,648 shares in the last quarter. Finally, Golden State Wealth Management LLC purchased a new position in shares of CrossFirst Bankshares during the 4th quarter valued at $45,000. 56.29% of the stock is currently owned by institutional investors and hedge funds.

CrossFirst Bankshares Price Performance

Shares of NASDAQ:CFB opened at $15.99 on Thursday. The firm has a market cap of $788.55 million, a price-to-earnings ratio of 10.25 and a beta of 1.07. CrossFirst Bankshares, Inc. has a 1 year low of $10.64 and a 1 year high of $19.22. 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 business has a fifty day simple moving average of $16.09 and a 200 day simple moving average of $16.23.

CrossFirst Bankshares (NASDAQ:CFB) last posted its quarterly earnings results on Tuesday, January 28th. The company reported $0.45 earnings per share for the quarter, topping analysts’ consensus estimates 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, sell-side analysts predict that CrossFirst Bankshares, Inc. will post 1.7 earnings per share 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.