FirstSun Capital Bancorp $FSUN Shares Acquired by Susquehanna International Group LLP

Susquehanna International Group LLP boosted its holdings in FirstSun Capital Bancorp (NASDAQ:FSUN) by 285.2% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 46,835 shares of the company’s stock after buying an additional 34,677 shares during the quarter. Susquehanna International Group LLP owned 0.10% of FirstSun Capital Bancorp worth $1,816,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Russell Investments Group Ltd. acquired a new position in shares of FirstSun Capital Bancorp in the 3rd quarter worth $41,000. Royal Bank of Canada lifted its holdings in shares of FirstSun Capital Bancorp by 256.4% during the first quarter. Royal Bank of Canada now owns 1,276 shares of the company’s stock valued at $47,000 after purchasing an additional 918 shares during the last quarter. New York State Common Retirement Fund acquired a new position in shares of FirstSun Capital Bancorp in the 2nd quarter valued at $139,000. Quantbot Technologies LP increased its stake in FirstSun Capital Bancorp by 508.9% in the 2nd quarter. Quantbot Technologies LP now owns 4,871 shares of the company’s stock worth $169,000 after purchasing an additional 4,071 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank purchased a new position in FirstSun Capital Bancorp in the 4th quarter worth about $214,000.

FirstSun Capital Bancorp Stock Performance

Shares of FSUN opened at $40.07 on Monday. The company’s 50 day moving average price is $38.28 and its 200 day moving average price is $37.26. FirstSun Capital Bancorp has a 52 week low of $29.95 and a 52 week high of $42.34. The company has a market capitalization of $1.87 billion, a PE ratio of 20.34 and a beta of 0.31. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.91 and a current ratio of 0.92.

FirstSun Capital Bancorp (NASDAQ:FSUN) last released its earnings results on Monday, July 27th. The company reported $0.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.17 by $0.28. The company had revenue of $184.14 million during the quarter. FirstSun Capital Bancorp had a net margin of 6.60% and a return on equity of 7.16%. Research analysts expect that FirstSun Capital Bancorp will post 3.34 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have commented on FSUN shares. Raymond James Financial reaffirmed a “strong-buy” rating on shares of FirstSun Capital Bancorp in a research note on Friday, July 10th. Stephens reduced their price target on shares of FirstSun Capital Bancorp from $46.00 to $45.00 and set an “overweight” rating for the company in a research report on Wednesday, July 29th. Wall Street Zen raised shares of FirstSun Capital Bancorp from a “hold” rating to a “buy” rating in a research note on Saturday, August 15th. Piper Sandler lifted their price objective on shares of FirstSun Capital Bancorp from $45.00 to $47.00 and gave the stock an “overweight” rating in a research report on Monday, August 3rd. Finally, Weiss Ratings downgraded shares of FirstSun Capital Bancorp from a “buy (b-)” rating to a “hold (c)” rating in a research note on Monday, August 17th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, FirstSun Capital Bancorp presently has an average rating of “Moderate Buy” and a consensus price target of $45.25.

FirstSun Capital Bancorp Company Profile

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. The Mortgage Operations segment originates, sells, services, and manages market risk from changes in interest rates on one-to-four family residential mortgage loans to sell and hold. The company is founded on November 9, 1981 headquartered in Denver, CO.