Rhumbline Advisers Sells 2,066 Shares of CrossFirst Bankshares, Inc. (NASDAQ:CFB)

Rhumbline Advisers lessened its holdings in CrossFirst Bankshares, Inc. (NASDAQ:CFB) by 2.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 71,130 shares of the company’s stock after selling 2,066 shares during the period. Rhumbline Advisers owned 0.14% of CrossFirst Bankshares worth $1,078,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in CFB. Principal Financial Group Inc. bought a new stake in CrossFirst Bankshares in the 3rd quarter valued at $482,000. Philip James Wealth Mangement LLC bought a new position in CrossFirst Bankshares during the 3rd quarter worth $659,000. Wolverine Asset Management LLC bought a new position in CrossFirst Bankshares during the 3rd quarter worth $306,000. Quest Partners LLC increased its position in 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 buying an additional 7,853 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its position in CrossFirst Bankshares by 2.3% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 355,505 shares of the company’s stock worth $5,933,000 after buying an additional 7,823 shares during the period. Institutional investors own 56.29% of the company’s stock.

CrossFirst Bankshares Price Performance

CFB stock opened at $15.99 on Thursday. 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 price-to-earnings ratio of 10.25 and a beta of 1.07. The business’s fifty day moving average price is $15.66 and its two-hundred day moving average price is $16.42. CrossFirst Bankshares, Inc. has a fifty-two week low of $10.64 and a fifty-two week 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 for the quarter, topping 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%. On average, equities analysts anticipate that CrossFirst Bankshares, Inc. will post 1.7 earnings per share for the current 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.