Walleye Capital LLC Buys New Position in CrossFirst Bankshares, Inc. (NASDAQ:CFB)

Walleye Capital LLC purchased a new position in shares of CrossFirst Bankshares, Inc. (NASDAQ:CFB) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 40,661 shares of the company’s stock, valued at approximately $616,000. Walleye Capital LLC owned 0.08% of CrossFirst Bankshares as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Golden State Wealth Management LLC purchased a new position in shares of CrossFirst Bankshares during the fourth quarter worth about $45,000. R Squared Ltd acquired a new stake in CrossFirst Bankshares during the 4th quarter worth approximately $58,000. KLP Kapitalforvaltning AS purchased a new position in shares of CrossFirst Bankshares in the 4th quarter valued at approximately $114,000. Entropy Technologies LP acquired a new position in shares of CrossFirst Bankshares in the fourth quarter valued at approximately $153,000. Finally, Chicago Capital Management LLC acquired a new position in shares of CrossFirst Bankshares in the fourth quarter valued at approximately $186,000. 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 Wednesday. The stock has a fifty day moving average price of $16.03 and a 200 day moving average price of $16.15. CrossFirst Bankshares, Inc. has a 1-year low of $12.03 and a 1-year high of $19.22. 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 company has a market cap of $788.55 million, a PE ratio of 10.25 and a beta of 1.07.

CrossFirst Bankshares (NASDAQ:CFB) last released its earnings results on Tuesday, January 28th. The company reported $0.45 EPS for the quarter, topping the consensus estimate of $0.43 by $0.02. CrossFirst Bankshares had a net margin of 15.18% and a return on equity of 11.06%. Sell-side analysts forecast that CrossFirst Bankshares, Inc. will post 1.7 EPS for the current year.

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.