KLP Kapitalforvaltning AS Invests $114,000 in CrossFirst Bankshares, Inc. (NASDAQ:CFB)

KLP Kapitalforvaltning AS bought a new position in shares of CrossFirst Bankshares, Inc. (NASDAQ:CFB) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 7,500 shares of the company’s stock, valued at approximately $114,000.

Several other large investors have also recently bought and sold shares of the stock. National Bank of Canada FI acquired a new position in shares of CrossFirst Bankshares in the 3rd quarter valued at $25,000. Golden State Wealth Management LLC bought a new position in CrossFirst Bankshares during the fourth quarter worth about $45,000. R Squared Ltd acquired a new stake in CrossFirst Bankshares during the fourth quarter valued at approximately $58,000. Entropy Technologies LP bought a new stake in shares of CrossFirst Bankshares in the 4th quarter valued at approximately $153,000. Finally, Centiva Capital LP acquired a new position in shares of CrossFirst Bankshares in the 3rd quarter worth approximately $176,000. 56.29% of the stock is currently owned by institutional investors and hedge funds.

CrossFirst Bankshares Price Performance

Shares of CFB stock opened at $15.99 on Thursday. The firm has a market cap of $788.55 million, a price-to-earnings ratio of 10.25 and a beta of 1.07. 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 stock’s fifty day simple moving average is $16.12 and its 200 day simple moving average is $16.17. CrossFirst Bankshares, Inc. has a one year low of $10.64 and a one year high of $19.22.

CrossFirst Bankshares (NASDAQ:CFB) last announced its 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%. On average, analysts expect that CrossFirst Bankshares, Inc. will post 1.7 earnings per share for the current fiscal year.

CrossFirst Bankshares 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.