2 weeks Ago By ABMN Staff
Public Employees Retirement Association of Colorado cut its holdings in shares of CrossFirst Bankshares, Inc. ( NASDAQ:CFB – Free Report ) by 3.9% during the 2nd quarter, Holdings Channel.
com reports. The firm owned 19,527 shares of the company’s stock after selling 785 shares during the quarter. Public Employees Retirement Association of Colorado’s holdings in CrossFirst Bankshares were worth $274,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in CFB. Renaissance Technologies LLC lifted its position in shares of CrossFirst Bankshares by 13.1% during the second quarter.
Renaissance Technologies LLC now owns 127,800 shares of the company’s stock worth $1,792,000 after acquiring an additional 14,800 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in shares of CrossFirst Bankshares by 10.4% during the 2nd quarter.
Dimensional Fund Advisors LP now owns 1,870,785 shares of the company’s stock valued at $26,228,000 after purchasing an additional 175,646 shares during the period. Cornercap Investment Counsel Inc. lifted its holdings in CrossFirst Bankshares by 19.
0% during the 2nd quarter. Cornercap Investment Counsel Inc. now owns 89,963 shares of the company’s stock worth $1,261,000 after purchasing an additional 14,391 shares in the last quarter.
American Century Companies Inc. boosted its stake in CrossFirst Bankshares by 19.4% in the 2nd quarter.
American Century Companies Inc. now owns 737,700 shares of the company’s stock worth $10,343,000 after purchasing an additional 119,844 shares during the period. Finally, ClariVest Asset Management LLC grew its holdings in CrossFirst Bankshares by 2.
5% during the 2nd quarter. ClariVest Asset Management LLC now owns 83,670 shares of the company’s stock valued at $1,173,000 after buying an additional 2,073 shares in the last quarter. Institutional investors own 56.
29% of the company’s stock. Wall Street Analysts Forecast Growth A number of brokerages have recently issued reports on CFB. Janney Montgomery Scott raised shares of CrossFirst Bankshares from a “neutral” rating to a “buy” rating and set a $21.
00 price target on the stock in a report on Tuesday, September 10th. Keefe, Bruyette & Woods reiterated an “outperform” rating and issued a $20.00 target price on shares of CrossFirst Bankshares in a research note on Wednesday, August 28th.
Finally, Stephens restated an “overweight” rating and set a $17.00 price target on shares of CrossFirst Bankshares in a research report on Tuesday, July 16th. Four investment analysts have rated the stock with a buy rating, According to data from MarketBeat.
com, the company has an average rating of “Buy” and an average price target of $18.50. CrossFirst Bankshares Stock Down 0.
7 % Shares of NASDAQ CFB opened at $16.39 on Friday. The company has a current ratio of 0.
96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.12.
The business has a 50-day moving average of $17.28 and a 200-day moving average of $14.73.
The firm has a market capitalization of $807.91 million, a price-to-earnings ratio of 11.88 and a beta of 1.
03. CrossFirst Bankshares, Inc. has a 12 month low of $9.
75 and a 12 month high of $19.22. CrossFirst Bankshares ( NASDAQ:CFB – Get Free Report ) last released its quarterly earnings results on Monday, July 15th.
The company reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of $0.34 by $0.
03. The business had revenue of $63.59 million during the quarter, compared to analysts’ expectations of $63.
66 million. CrossFirst Bankshares had a net margin of 14.43% and a return on equity of 10.
74%. Sell-side analysts expect that CrossFirst Bankshares, Inc. will post 1.
52 earnings per share for the current fiscal year. CrossFirst Bankshares Profile ( Free Report ) 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.
Read More Want to see what other hedge funds are holding CFB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CrossFirst Bankshares, Inc. ( NASDAQ:CFB – Free Report ).
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