Susquehanna International Group LLP Has $1.82 Million Position in FirstSun Capital Bancorp $FSUN

Susquehanna International Group LLP grew its holdings in FirstSun Capital Bancorp (NASDAQ:FSUN) by 285.2% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 46,835 shares of the company’s stock after acquiring an additional 34,677 shares during the period. Susquehanna International Group LLP’s holdings in FirstSun Capital Bancorp were worth $1,816,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Wellington Management Group LLP boosted its holdings in FirstSun Capital Bancorp by 42.2% in the second quarter. Wellington Management Group LLP now owns 4,097,274 shares of the company’s stock worth $158,892,000 after purchasing an additional 1,216,889 shares in the last quarter. BlackRock Inc. acquired a new stake in shares of FirstSun Capital Bancorp in the second quarter worth about $73,455,000. State Street Corp lifted its position in shares of FirstSun Capital Bancorp by 2.1% in the fourth quarter. State Street Corp now owns 459,011 shares of the company’s stock worth $17,275,000 after buying an additional 9,381 shares during the last quarter. Alliancebernstein L.P. boosted its stake in shares of FirstSun Capital Bancorp by 0.4% during the 3rd quarter. Alliancebernstein L.P. now owns 440,784 shares of the company’s stock worth $17,098,000 after acquiring an additional 1,929 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in shares of FirstSun Capital Bancorp by 40.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 398,362 shares of the company’s stock worth $14,523,000 after acquiring an additional 114,339 shares in the last quarter.

FirstSun Capital Bancorp Price Performance

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

FirstSun Capital Bancorp (NASDAQ:FSUN) last posted its quarterly earnings results on Monday, July 27th. The company reported $0.45 EPS for the quarter, beating the consensus estimate of $0.17 by $0.28. FirstSun Capital Bancorp had a return on equity of 7.16% and a net margin of 6.60%.The firm had revenue of $184.14 million during the quarter. On average, research analysts anticipate that FirstSun Capital Bancorp will post 3.34 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. Zacks Research raised FirstSun Capital Bancorp from a “strong sell” rating to a “hold” rating in a research report on Monday, June 29th. Weiss Ratings lowered shares of FirstSun Capital Bancorp from a “buy (b-)” rating to a “hold (c)” rating in a research note on Monday, August 17th. Keefe, Bruyette & Woods boosted their target price on shares of FirstSun Capital Bancorp from $43.00 to $45.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 5th. Wall Street Zen raised FirstSun Capital Bancorp from a “hold” rating to a “buy” rating in a research report on Saturday, August 15th. Finally, Piper Sandler lifted their price objective on FirstSun Capital Bancorp from $45.00 to $47.00 and gave the stock an “overweight” rating in a research note on Monday, August 3rd. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $45.25.

FirstSun Capital Bancorp 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.