Wells Fargo & Company MN Sells 13,164 Shares of CrossFirst Bankshares, Inc. (NASDAQ:CFB)

Wells Fargo & Company MN decreased its position in CrossFirst Bankshares, Inc. (NASDAQ:CFB) by 26.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,456 shares of the company’s stock after selling 13,164 shares during the quarter. Wells Fargo & Company MN owned approximately 0.08% of CrossFirst Bankshares worth $567,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. boosted its holdings in CrossFirst Bankshares by 1.1% during the fourth quarter. Vanguard Group Inc. now owns 2,328,731 shares of the company’s stock worth $35,280,000 after purchasing an additional 24,230 shares during the last quarter. American Century Companies Inc. boosted its stake in shares of CrossFirst Bankshares by 12.3% in the 4th quarter. American Century Companies Inc. now owns 951,243 shares of the company’s stock worth $14,411,000 after buying an additional 104,564 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in shares of CrossFirst Bankshares by 4.3% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 693,853 shares of the company’s stock valued at $10,512,000 after acquiring an additional 28,910 shares in the last quarter. Alliancebernstein L.P. increased its position in shares of CrossFirst Bankshares by 868.0% during 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 last quarter. Finally, Charles Schwab Investment Management Inc. lifted its holdings in CrossFirst Bankshares by 0.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 358,052 shares of the company’s stock worth $5,424,000 after acquiring an additional 2,547 shares during the period. Hedge funds and other institutional investors own 56.29% of the company’s stock.

CrossFirst Bankshares Price Performance

Shares of NASDAQ:CFB opened at $15.99 on Friday. CrossFirst Bankshares, Inc. has a 1 year low of $12.03 and a 1 year high of $19.22. The company has a market capitalization of $788.55 million, a PE ratio of 10.25 and a beta of 1.07. The business has a fifty day moving average price of $15.98 and a two-hundred day moving average price of $16.15. 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 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.