Legal & General Group Plc Has $597,000 Stock Holdings in CrossFirst Bankshares, Inc. (NASDAQ:CFB)

Legal & General Group Plc reduced its holdings in shares of CrossFirst Bankshares, Inc. (NASDAQ:CFB) by 18.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 39,417 shares of the company’s stock after selling 8,693 shares during the period. Legal & General Group Plc’s holdings in CrossFirst Bankshares were worth $597,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Invesco Ltd. boosted its holdings in CrossFirst Bankshares by 7.8% during the fourth quarter. Invesco Ltd. now owns 108,153 shares of the company’s stock valued at $1,639,000 after purchasing an additional 7,811 shares in the last quarter. Polymer Capital Management US LLC bought a new position in shares of CrossFirst Bankshares during the 4th quarter worth approximately $225,000. Franklin Resources Inc. boosted its stake in CrossFirst Bankshares by 33.0% in the 4th quarter. Franklin Resources Inc. now owns 70,184 shares of the company’s stock valued at $1,063,000 after buying an additional 17,395 shares in the last quarter. Alliancebernstein L.P. grew its position in CrossFirst Bankshares by 868.0% in the fourth quarter. Alliancebernstein L.P. now owns 404,098 shares of the company’s stock valued at $6,122,000 after acquiring an additional 362,353 shares during the period. Finally, Arrowstreet Capital Limited Partnership raised its stake in CrossFirst Bankshares by 4.3% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 693,853 shares of the company’s stock worth $10,512,000 after acquiring an additional 28,910 shares in the last quarter. 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 business has a fifty day moving average of $16.00 and a two-hundred day moving average of $16.15. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.97 and a current ratio of 0.97. CrossFirst Bankshares, Inc. has a 52-week low of $12.03 and a 52-week high of $19.22. The stock has a market cap of $788.55 million, a PE ratio of 10.25 and a beta of 1.07.

CrossFirst Bankshares (NASDAQ:CFB) last released its quarterly earnings results on Tuesday, January 28th. The company reported $0.45 EPS for the quarter, beating 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%. As a group, equities research analysts expect that CrossFirst Bankshares, Inc. will post 1.7 earnings per share for the current fiscal year.

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.