State Street Corp Buys Shares of 32,100 Firstsun Capital Bancorp (NASDAQ:FSUN)

State Street Corp purchased a new position in Firstsun Capital Bancorp (NASDAQ:FSUN) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 32,100 shares of the company’s stock, valued at approximately $1,367,000. State Street Corp owned approximately 0.12% of Firstsun Capital Bancorp at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Philadelphia Financial Management of San Francisco LLC purchased a new stake in Firstsun Capital Bancorp in the 3rd quarter worth approximately $873,000. Charles Schwab Investment Management Inc. bought a new position in shares of Firstsun Capital Bancorp in the third quarter worth $2,816,000. Finally, Fourthstone LLC purchased a new stake in shares of Firstsun Capital Bancorp in the third quarter worth $13,846,000.

Firstsun Capital Bancorp Stock Down 0.5 %

Shares of FSUN opened at $39.86 on Friday. Firstsun Capital Bancorp has a 1-year low of $33.00 and a 1-year high of $44.37. The company has a current ratio of 1.03, a quick ratio of 1.02 and a debt-to-equity ratio of 0.28. The company has a 50 day moving average of $38.56.

Wall Street Analyst Weigh In

Separately, Raymond James upgraded Firstsun Capital Bancorp from a “market perform” rating to an “outperform” rating and set a $42.00 target price for the company in a research report on Tuesday, November 19th.

Firstsun Capital Bancorp Profile

FirstSun Capital Bancorp operates as a bank holding company for Sunflower Bank that provides commercial and consumer banking and financial services to small and medium-sized companies in Texas, Kansas, Colorado, New Mexico, and Arizona. The company offers deposit products, including noninterest bearing accounts, interest-bearing demand products, checking and savings accounts, money market and term certificate accounts, certificates of deposit, and treasury management products and services.