State Street Corp Has $22.81 Million Stock Holdings in CrossFirst Bankshares, Inc. (NASDAQ:CFB)

State Street Corp increased its position in CrossFirst Bankshares, Inc. (NASDAQ:CFB) by 10.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,366,649 shares of the company’s stock after purchasing an additional 126,096 shares during the quarter. State Street Corp owned approximately 2.77% of CrossFirst Bankshares worth $22,809,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP lifted its stake in shares of CrossFirst Bankshares by 10.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,870,785 shares of the company’s stock valued at $26,228,000 after purchasing an additional 175,646 shares during the period. American Century Companies Inc. increased its holdings in CrossFirst Bankshares by 19.4% in the second quarter. American Century Companies Inc. now owns 737,700 shares of the company’s stock valued at $10,343,000 after purchasing an additional 119,844 shares during the last quarter. Hotchkis & Wiley Capital Management LLC lifted its stake in CrossFirst Bankshares by 4.8% in the third quarter. Hotchkis & Wiley Capital Management LLC now owns 480,250 shares of the company’s stock valued at $8,015,000 after buying an additional 22,000 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in CrossFirst Bankshares by 2.3% during the third 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 last quarter. Finally, Creative Planning grew its position in shares of CrossFirst Bankshares by 2.6% during the 2nd quarter. Creative Planning now owns 264,498 shares of the company’s stock worth $3,708,000 after buying an additional 6,749 shares during the period. 56.29% of the stock is owned by institutional investors.

CrossFirst Bankshares Price Performance

NASDAQ CFB opened at $15.52 on Monday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.97 and a current ratio of 0.97. The stock has a market cap of $765.37 million, a price-to-earnings ratio of 10.56 and a beta of 1.06. The business has a 50 day simple moving average of $16.81 and a 200 day simple moving average of $16.29. CrossFirst Bankshares, Inc. has a 52-week low of $10.64 and a 52-week high of $19.22.

Insider Transactions at CrossFirst Bankshares

In other news, Director George Bruce bought 100 shares of the company’s stock in a transaction that occurred on Wednesday, October 30th. The shares were acquired at an average price of $1,000.00 per share, with a total value of $100,000.00. Following the transaction, 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 legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 9.30% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

CFB has been the topic of a number of analyst reports. Keefe, Bruyette & Woods reiterated an “outperform” rating and issued a $20.00 price target on shares of CrossFirst Bankshares in a research report on Wednesday, August 28th. Janney Montgomery Scott raised shares of CrossFirst Bankshares from a “neutral” rating to a “buy” rating and set a $21.00 price target on the stock in a research report on Tuesday, September 10th.

CrossFirst Bankshares 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.