New York State Common Retirement Fund Decreases Position in CrossFirst Bankshares, Inc. (NASDAQ:CFB)

New York State Common Retirement Fund reduced its position in shares of CrossFirst Bankshares, Inc. (NASDAQ:CFB) by 25.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,081 shares of the company’s stock after selling 4,155 shares during the period. New York State Common Retirement Fund’s holdings in CrossFirst Bankshares were worth $183,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in CFB. State Street Corp boosted its stake in shares of CrossFirst Bankshares by 10.2% in the third quarter. State Street Corp now owns 1,366,649 shares of the company’s stock worth $22,809,000 after acquiring an additional 126,096 shares during the last quarter. XTX Topco Ltd purchased a new position in CrossFirst Bankshares in the 3rd quarter valued at $992,000. Dynamic Technology Lab Private Ltd acquired a new stake in CrossFirst Bankshares during the 3rd quarter worth $848,000. Barclays PLC grew its holdings in shares of CrossFirst Bankshares by 73.6% during the third quarter. Barclays PLC now owns 116,557 shares of the company’s stock worth $1,947,000 after buying an additional 49,406 shares in the last quarter. Finally, Virtu Financial LLC acquired a new stake in shares of CrossFirst Bankshares in the third quarter valued at about $712,000. Institutional investors and hedge funds own 56.29% of the company’s stock.

CrossFirst Bankshares Stock Performance

NASDAQ:CFB opened at $15.99 on Thursday. The company has a market cap of $788.55 million, a P/E ratio of 10.25 and a beta of 1.07. CrossFirst Bankshares, Inc. has a twelve month low of $10.64 and a twelve month high of $19.22. The company’s 50-day moving average price is $15.66 and its 200-day moving average price is $16.42. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.11.

CrossFirst Bankshares (NASDAQ:CFB) last released its 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 net margin of 15.18% and a return on equity of 11.06%. On average, sell-side analysts forecast 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.