CrossFirst Bankshares, Inc. (NASDAQ:CFB) Shares Bought by Empirical Financial Services LLC d.b.a. Empirical Wealth Management

Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its stake in shares of CrossFirst Bankshares, Inc. (NASDAQ:CFB) by 24.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,064 shares of the company’s stock after purchasing an additional 5,116 shares during the quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management owned about 0.05% of CrossFirst Bankshares worth $395,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. National Bank of Canada FI acquired a new position in shares of CrossFirst Bankshares in the 3rd quarter valued at $25,000. Point72 DIFC Ltd acquired a new position in shares of CrossFirst Bankshares in the third quarter valued at about $93,000. Quest Partners LLC raised its stake in shares of CrossFirst Bankshares by 3,091.7% in the third quarter. Quest Partners LLC now owns 8,107 shares of the company’s stock worth $135,000 after purchasing an additional 7,853 shares during the last quarter. Centiva Capital LP acquired a new stake in shares of CrossFirst Bankshares during the third quarter worth about $176,000. Finally, EP Wealth Advisors LLC purchased a new stake in CrossFirst Bankshares in the third quarter valued at approximately $211,000. Hedge funds and other institutional investors own 56.29% of the company’s stock.

CrossFirst Bankshares Stock Performance

CFB opened at $16.09 on Thursday. 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, Inc. has a 12-month low of $10.64 and a 12-month high of $19.22. The firm has a 50 day moving average of $16.01 and a two-hundred day moving average of $16.61. The firm has a market capitalization of $793.40 million, a PE ratio of 10.95 and a beta of 1.07.

CrossFirst Bankshares (NASDAQ:CFB) last issued its earnings results on Tuesday, January 28th. The company reported $0.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.43 by $0.02. CrossFirst Bankshares had a net margin of 14.52% and a return on equity of 10.72%. On average, analysts anticipate that CrossFirst Bankshares, Inc. will post 1.57 EPS 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.