Barclays PLC Has $1.95 Million Stake in CrossFirst Bankshares, Inc. (NASDAQ:CFB)

Barclays PLC lifted its position in CrossFirst Bankshares, Inc. (NASDAQ:CFB) by 73.6% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 116,557 shares of the company’s stock after buying an additional 49,406 shares during the quarter. Barclays PLC owned about 0.24% of CrossFirst Bankshares worth $1,947,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. National Bank of Canada FI acquired a new position in CrossFirst Bankshares during the third quarter worth $25,000. Point72 DIFC Ltd bought a new stake in shares of CrossFirst Bankshares during the 3rd quarter worth about $93,000. Quest Partners LLC boosted its stake in shares of CrossFirst Bankshares by 3,091.7% during the 3rd quarter. Quest Partners LLC now owns 8,107 shares of the company’s stock worth $135,000 after acquiring an additional 7,853 shares in the last quarter. Centiva Capital LP acquired a new position in shares of CrossFirst Bankshares during the 3rd quarter valued at about $176,000. Finally, EP Wealth Advisors LLC bought a new position in shares of CrossFirst Bankshares in the 3rd quarter valued at approximately $211,000. Institutional investors and hedge funds own 56.29% of the company’s stock.

Insider Activity at CrossFirst Bankshares

In other news, Director George Bruce acquired 100 shares of CrossFirst Bankshares stock in a transaction on Wednesday, October 30th. The shares were purchased at an average price of $1,000.00 per share, with a total value of $100,000.00. Following the acquisition, the director now owns 100 shares in the company, valued at $100,000. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 9.03% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Separately, Janney Montgomery Scott raised shares of CrossFirst Bankshares from a “neutral” rating to a “buy” rating and set a $21.00 target price for the company in a research report on Tuesday, September 10th.

CrossFirst Bankshares Trading Up 0.3 %

Shares of CrossFirst Bankshares stock opened at $15.70 on Friday. The stock has a market capitalization of $774.25 million, a P/E ratio of 10.68 and a beta of 1.06. CrossFirst Bankshares, Inc. has a 12-month low of $10.64 and a 12-month high of $19.22. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.11. The company has a 50-day simple moving average of $16.74 and a 200 day simple moving average of $16.35.

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.