Empowered Funds LLC purchased a new position in shares of Firstsun Capital Bancorp (NASDAQ:FSUN - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 35,715 shares of the company's stock, valued at approximately $1,430,000. Empowered Funds LLC owned about 0.13% of Firstsun Capital Bancorp as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. acquired a new stake in Firstsun Capital Bancorp in the third quarter valued at about $2,816,000. Fourthstone LLC acquired a new stake in Firstsun Capital Bancorp in the third quarter valued at about $13,846,000. Philadelphia Financial Management of San Francisco LLC acquired a new stake in Firstsun Capital Bancorp in the third quarter valued at about $873,000. State Street Corp acquired a new stake in Firstsun Capital Bancorp in the third quarter valued at about $1,367,000. Finally, Wellington Management Group LLP acquired a new stake in Firstsun Capital Bancorp in the third quarter valued at about $103,024,000.
Firstsun Capital Bancorp Trading Down 1.0 %
Shares of FSUN stock traded down $0.44 during midday trading on Thursday, reaching $41.50. 31,702 shares of the company traded hands, compared to its average volume of 56,209. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.03 and a quick ratio of 1.02. The firm's 50 day simple moving average is $40.46 and its two-hundred day simple moving average is $40.52. Firstsun Capital Bancorp has a 1-year low of $33.31 and a 1-year high of $45.32.
Firstsun Capital Bancorp (NASDAQ:FSUN - Get Free Report) last issued its quarterly earnings data on Monday, January 27th. The company reported $0.86 earnings per share for the quarter, topping analysts' consensus estimates of $0.81 by $0.05. Firstsun Capital Bancorp had a net margin of 13.77% and a return on equity of 8.56%. Equities research analysts anticipate that Firstsun Capital Bancorp will post 3.6 EPS for the current year.
Analysts Set New Price Targets
FSUN has been the subject of a number of recent analyst reports. Raymond James upgraded shares of Firstsun Capital Bancorp from a "market perform" rating to an "outperform" rating and set a $42.00 price objective for the company in a research report on Tuesday, November 19th. Keefe, Bruyette & Woods reiterated an "outperform" rating and set a $47.00 price target (up from $46.00) on shares of Firstsun Capital Bancorp in a research report on Monday, February 3rd.
View Our Latest Research Report on FSUN
Firstsun Capital Bancorp Company Profile
(
Free Report)
FirstSun Capital Bancorp engages in the provision of commercial banking services. It operates through the following segments: Banking, Mortgage Operations, and Corporate. The Banking segment consists of loans and provides deposits and fee-based services to consumer, business, and mortgage lending customers.
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