20,927 Shares in FirstSun Capital Bancorp $FSUN Acquired by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd acquired a new stake in shares of FirstSun Capital Bancorp (NASDAQ:FSUNFree Report) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 20,927 shares of the company’s stock, valued at approximately $763,000.

A number of other institutional investors have also recently added to or reduced their stakes in FSUN. Russell Investments Group Ltd. acquired a new stake in FirstSun Capital Bancorp in the third quarter worth $41,000. New York State Common Retirement Fund bought a new stake in FirstSun Capital Bancorp in the second quarter valued at $139,000. Quantbot Technologies LP boosted its holdings in shares of FirstSun Capital Bancorp by 508.9% during the second quarter. Quantbot Technologies LP now owns 4,871 shares of the company’s stock valued at $169,000 after acquiring an additional 4,071 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank acquired a new position in shares of FirstSun Capital Bancorp during the fourth quarter valued at $214,000. Finally, Squarepoint Ops LLC acquired a new position in shares of FirstSun Capital Bancorp during the fourth quarter valued at $216,000.

Analysts Set New Price Targets

A number of analysts recently weighed in on FSUN shares. Weiss Ratings raised shares of FirstSun Capital Bancorp from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, July 1st. Stephens cut their price objective on shares of FirstSun Capital Bancorp from $44.00 to $43.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 29th. Zacks Research raised shares of FirstSun Capital Bancorp from a “strong sell” rating to a “hold” rating in a research note on Monday, June 29th. Raymond James Financial restated a “strong-buy” rating on shares of FirstSun Capital Bancorp in a research report on Friday. Finally, Piper Sandler set a $45.00 price target on shares of FirstSun Capital Bancorp in a research note on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, FirstSun Capital Bancorp currently has an average rating of “Buy” and a consensus price target of $44.00.

Read Our Latest Stock Analysis on FirstSun Capital Bancorp

FirstSun Capital Bancorp Price Performance

Shares of FirstSun Capital Bancorp stock opened at $35.08 on Monday. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.02 and a quick ratio of 1.00. FirstSun Capital Bancorp has a 1-year low of $29.95 and a 1-year high of $42.34. The business’s fifty day moving average price is $36.44 and its two-hundred day moving average price is $37.37. The company has a market capitalization of $1.64 billion, a P/E ratio of 10.35 and a beta of 0.31.

FirstSun Capital Bancorp (NASDAQ:FSUNGet Free Report) last released its quarterly earnings results on Monday, April 27th. The company reported $0.84 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.90 by ($0.06). The business had revenue of $109.95 million during the quarter. FirstSun Capital Bancorp had a return on equity of 8.80% and a net margin of 16.52%. As a group, research analysts forecast that FirstSun Capital Bancorp will post 3.52 EPS for the current year.

FirstSun Capital Bancorp 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. 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.

See Also

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Institutional Ownership by Quarter for FirstSun Capital Bancorp (NASDAQ:FSUN)

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