SG Americas Securities LLC Grows Stock Holdings in CrossFirst Bankshares, Inc. (NASDAQ:CFB)

SG Americas Securities LLC boosted its stake in shares of CrossFirst Bankshares, Inc. (NASDAQ:CFB) by 44.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 22,108 shares of the company’s stock after purchasing an additional 6,797 shares during the period. SG Americas Securities LLC’s holdings in CrossFirst Bankshares were worth $335,000 at the end of the most recent reporting period.

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

CrossFirst Bankshares Trading Up 2.8 %

CrossFirst Bankshares stock opened at $16.25 on Wednesday. The business has a 50-day simple moving average of $15.88 and a two-hundred day simple moving average of $16.57. CrossFirst Bankshares, Inc. has a 52-week low of $10.64 and a 52-week high of $19.22. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.11. The company has a market cap of $801.29 million, a P/E ratio of 10.42 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 earnings per share for the quarter, topping the consensus estimate of $0.43 by $0.02. CrossFirst Bankshares had a net margin of 15.18% and a return on equity of 11.06%. Analysts predict that CrossFirst Bankshares, Inc. will post 1.7 EPS for the current 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.