CrossFirst Bankshares, Inc. (NASDAQ:CFB) Stock Position Reduced by D. E. Shaw & Co. Inc.

D. E. Shaw & Co. Inc. trimmed its position in CrossFirst Bankshares, Inc. (NASDAQ:CFB) by 22.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 73,384 shares of the company’s stock after selling 21,697 shares during the quarter. D. E. Shaw & Co. Inc. owned approximately 0.15% of CrossFirst Bankshares worth $1,112,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in CFB. Barclays PLC raised its stake in CrossFirst Bankshares by 73.6% during the third quarter. Barclays PLC now owns 116,557 shares of the company’s stock worth $1,947,000 after acquiring an additional 49,406 shares during the period. Wolverine Asset Management LLC grew its holdings in shares of 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 during the last quarter. ABC Arbitrage SA bought a new position in shares of CrossFirst Bankshares during the fourth quarter valued at approximately $551,000. State of New Jersey Common Pension Fund D raised its position in shares of CrossFirst Bankshares by 13.6% during the 4th quarter. State of New Jersey Common Pension Fund D now owns 122,902 shares of the company’s stock worth $1,862,000 after purchasing an additional 14,687 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its position in shares of CrossFirst Bankshares by 0.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 358,052 shares of the company’s stock worth $5,424,000 after purchasing an additional 2,547 shares during the period. 56.29% of the stock is currently owned by institutional investors.

CrossFirst Bankshares Stock Performance

NASDAQ:CFB opened at $15.99 on Friday. CrossFirst Bankshares, Inc. has a 12-month low of $12.03 and a 12-month high of $19.22. The firm has a market capitalization of $788.55 million, a P/E 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 business has a 50 day simple moving average of $15.99 and a 200 day simple moving average of $16.14.

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.