New York Life Investment Management LLC Has $925,000 Stock Position in CrossFirst Bankshares, Inc. (NASDAQ:CFB)

New York Life Investment Management LLC raised its stake in shares of CrossFirst Bankshares, Inc. (NASDAQ:CFB) by 30.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 61,055 shares of the company’s stock after purchasing an additional 14,296 shares during the quarter. New York Life Investment Management LLC owned 0.12% of CrossFirst Bankshares worth $925,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in CFB. State Street Corp boosted its holdings in CrossFirst Bankshares by 10.2% during the third 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 in the last quarter. Wolverine Asset Management LLC boosted its holdings in CrossFirst Bankshares by 325.5% during the fourth quarter. Wolverine Asset Management LLC now owns 78,003 shares of the company’s stock valued at $1,182,000 after purchasing an additional 59,671 shares in the last quarter. XTX Topco Ltd acquired a new stake in CrossFirst Bankshares during the third quarter valued at approximately $992,000. Dynamic Technology Lab Private Ltd acquired a new stake in CrossFirst Bankshares during the third quarter valued at approximately $848,000. Finally, Barclays PLC boosted its holdings in CrossFirst Bankshares by 73.6% during the third quarter. Barclays PLC now owns 116,557 shares of the company’s stock valued at $1,947,000 after purchasing an additional 49,406 shares in the last quarter. 56.29% of the stock is owned by institutional investors and hedge funds.

CrossFirst Bankshares Stock Up 0.2 %

Shares of CFB opened at $16.00 on Tuesday. The company has a market capitalization of $788.79 million, a P/E ratio of 10.25 and a beta of 1.07. CrossFirst Bankshares, Inc. has a one year low of $10.64 and a one year high of $19.22. The business’s 50 day simple moving average is $15.65 and its 200-day simple moving average is $16.43. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.97 and a quick ratio of 0.97.

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, beating analysts’ consensus estimates of $0.43 by $0.02. CrossFirst Bankshares had a return on equity of 11.06% and a net margin of 15.18%. As a group, sell-side analysts predict that CrossFirst Bankshares, Inc. will post 1.7 EPS 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.