State Street Corp Has $22.81 Million Stock Holdings in CrossFirst Bankshares, Inc. (NASDAQ:CFB)

State Street Corp grew its stake in shares of CrossFirst Bankshares, Inc. (NASDAQ:CFB) by 10.2% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,366,649 shares of the company’s stock after purchasing an additional 126,096 shares during the quarter. State Street Corp’s holdings in CrossFirst Bankshares were worth $22,809,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in CFB. Dimensional Fund Advisors LP raised its stake in CrossFirst Bankshares by 10.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,870,785 shares of the company’s stock valued at $26,228,000 after acquiring an additional 175,646 shares during the period. American Century Companies Inc. lifted its stake in shares of CrossFirst Bankshares by 19.4% during the 2nd quarter. American Century Companies Inc. now owns 737,700 shares of the company’s stock worth $10,343,000 after buying an additional 119,844 shares during the last quarter. Acadian Asset Management LLC bought a new stake in shares of CrossFirst Bankshares during the 2nd quarter worth about $990,000. Dynamic Technology Lab Private Ltd bought a new position in CrossFirst Bankshares in the 3rd quarter valued at about $848,000. Finally, AQR Capital Management LLC lifted its position in CrossFirst Bankshares by 38.9% during the second quarter. AQR Capital Management LLC now owns 166,833 shares of the company’s stock worth $2,339,000 after acquiring an additional 46,711 shares during the last quarter. Institutional investors and hedge funds own 56.29% of the company’s stock.

Insiders Place Their Bets

In other news, Director George Bruce bought 100 shares of the company’s stock in a transaction dated Wednesday, October 30th. The stock was bought at an average cost of $1,000.00 per share, for a total transaction of $100,000.00. Following the transaction, the director now owns 100 shares of the company’s stock, valued at $100,000. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 9.30% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on CFB shares. Janney Montgomery Scott raised CrossFirst Bankshares from a “neutral” rating to a “buy” rating and set a $21.00 target price on the stock in a research report on Tuesday, September 10th. Keefe, Bruyette & Woods reaffirmed an “outperform” rating and issued a $20.00 price objective on shares of CrossFirst Bankshares in a report on Wednesday, August 28th.

CrossFirst Bankshares Stock Up 0.3 %

NASDAQ CFB opened at $15.52 on Monday. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.11. The company has a market cap of $765.37 million, a price-to-earnings ratio of 10.56 and a beta of 1.06. The company has a 50 day moving average of $16.81 and a 200-day moving average of $16.29. CrossFirst Bankshares, Inc. has a 1-year low of $10.64 and a 1-year high of $19.22.

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.