Salzhauer Michael bought a new stake in Firstsun Capital Bancorp (NASDAQ:FSUN - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 50,525 shares of the company's stock, valued at approximately $2,024,000. Firstsun Capital Bancorp accounts for approximately 0.7% of Salzhauer Michael's investment portfolio, making the stock its 20th largest position. Salzhauer Michael owned about 0.18% of Firstsun Capital Bancorp as of its most recent SEC filing.
Other large investors also recently made changes to their positions in the company. Philadelphia Financial Management of San Francisco LLC acquired a new position in shares of Firstsun Capital Bancorp in the 3rd quarter valued at about $873,000. State Street Corp acquired a new position in shares of Firstsun Capital Bancorp in the 3rd quarter valued at about $1,367,000. Empowered Funds LLC acquired a new position in shares of Firstsun Capital Bancorp in the 4th quarter valued at about $1,430,000. Charles Schwab Investment Management Inc. acquired a new position in shares of Firstsun Capital Bancorp in the 3rd quarter valued at about $2,816,000. Finally, Geode Capital Management LLC acquired a new position in Firstsun Capital Bancorp in the third quarter worth approximately $3,066,000.
Firstsun Capital Bancorp Stock Down 2.2 %
NASDAQ:FSUN traded down $0.97 during mid-day trading on Thursday, reaching $43.00. The stock had a trading volume of 62,439 shares, compared to its average volume of 58,205. The business's 50 day moving average is $40.35 and its 200 day moving average is $40.45. Firstsun Capital Bancorp has a fifty-two week low of $33.31 and a fifty-two week high of $45.32. The company has a current ratio of 1.03, a quick ratio of 1.02 and a debt-to-equity ratio of 0.28.
Firstsun Capital Bancorp (NASDAQ:FSUN - Get Free Report) last announced its quarterly earnings results on Monday, January 27th. The company reported $0.86 EPS for the quarter, beating the consensus estimate of $0.81 by $0.05. Firstsun Capital Bancorp had a return on equity of 8.56% and a net margin of 13.77%. As a group, equities research analysts anticipate that Firstsun Capital Bancorp will post 3.6 EPS for the current fiscal year.
Wall Street Analyst Weigh In
A number of equities analysts recently commented on the company. Raymond James upgraded Firstsun Capital Bancorp from a "market perform" rating to an "outperform" rating and set a $42.00 price objective on the stock in a report on Tuesday, November 19th. Keefe, Bruyette & Woods restated an "outperform" rating and issued a $47.00 price objective (up previously from $46.00) on shares of Firstsun Capital Bancorp in a report on Monday, February 3rd.
Check Out Our Latest Stock Analysis on Firstsun Capital Bancorp
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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