Renaissance Technologies LLC Sells 33,700 Shares of CrossFirst Bankshares, Inc. (NASDAQ:CFB)

Renaissance Technologies LLC lowered its stake in shares of CrossFirst Bankshares, Inc. (NASDAQ:CFB) by 9.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 307,200 shares of the company’s stock after selling 33,700 shares during the period. Renaissance Technologies LLC owned approximately 0.62% of CrossFirst Bankshares worth $4,654,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. State Street Corp boosted its stake in CrossFirst Bankshares by 10.2% during the 3rd quarter. State Street Corp now owns 1,366,649 shares of the company’s stock valued at $22,809,000 after purchasing an additional 126,096 shares during the last quarter. Jane Street Group LLC boosted its holdings in CrossFirst Bankshares by 55.8% during the third quarter. Jane Street Group LLC now owns 102,126 shares of the company’s stock worth $1,704,000 after purchasing an additional 36,562 shares during the last quarter. Barclays PLC grew its position in CrossFirst Bankshares by 73.6% in the 3rd quarter. Barclays PLC now owns 116,557 shares of the company’s stock worth $1,947,000 after purchasing an additional 49,406 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of CrossFirst Bankshares by 4.0% in the 3rd quarter. Geode Capital Management LLC now owns 1,079,471 shares of the company’s stock worth $18,019,000 after buying an additional 41,590 shares during the last quarter. Finally, Virtu Financial LLC bought a new stake in CrossFirst Bankshares during the third quarter worth $712,000. Institutional investors own 56.29% of the company’s stock.

CrossFirst Bankshares Price Performance

Shares of NASDAQ:CFB opened at $15.99 on Tuesday. The company has a market capitalization of $788.55 million, a PE ratio of 10.25 and a beta of 1.07. CrossFirst Bankshares, Inc. has a 1 year low of $12.03 and a 1 year high of $19.22. 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 business has a fifty day moving average price of $16.05 and a two-hundred day moving average price of $16.15.

CrossFirst Bankshares (NASDAQ:CFB) last posted its quarterly earnings data on Tuesday, January 28th. The company reported $0.45 earnings per share (EPS) 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%. Analysts forecast 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.