Quantbot Technologies LP Trims Stake in FirstSun Capital Bancorp $FSUN

Quantbot Technologies LP lowered its holdings in FirstSun Capital Bancorp (NASDAQ:FSUN) by 33.9% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 800 shares of the company’s stock after selling 411 shares during the quarter. Quantbot Technologies LP’s holdings in FirstSun Capital Bancorp were worth $29,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FSUN. Barclays PLC purchased a new stake in FirstSun Capital Bancorp in the fourth quarter valued at $336,000. Dimensional Fund Advisors LP purchased a new stake in FirstSun Capital Bancorp in the fourth quarter valued at $986,000. Tower Research Capital LLC TRC raised its position in FirstSun Capital Bancorp by 165.3% in the fourth quarter. Tower Research Capital LLC TRC now owns 650 shares of the company’s stock valued at $26,000 after purchasing an additional 405 shares during the period. Susquehanna International Group LLP purchased a new stake in FirstSun Capital Bancorp in the fourth quarter valued at $3,100,000. Finally, Northern Trust Corp raised its position in FirstSun Capital Bancorp by 2.9% in the fourth quarter. Northern Trust Corp now owns 22,317 shares of the company’s stock valued at $894,000 after purchasing an additional 625 shares during the period.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. Stephens started coverage on FirstSun Capital Bancorp in a research report on Tuesday, May 6th. They issued an “overweight” rating and a $44.00 target price on the stock. Wall Street Zen upgraded FirstSun Capital Bancorp from a “sell” rating to a “hold” rating in a report on Saturday. Four equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, FirstSun Capital Bancorp currently has an average rating of “Buy” and an average price target of $46.00.

FirstSun Capital Bancorp Price Performance

FSUN stock opened at $38.01 on Friday. The company has a current ratio of 1.01, a quick ratio of 1.00 and a debt-to-equity ratio of 0.07. The company has a market capitalization of $1.06 billion and a PE ratio of 12.14. FirstSun Capital Bancorp has a 12-month low of $31.70 and a 12-month high of $45.32. The business’s fifty day moving average price is $36.78 and its 200 day moving average price is $36.64.

FirstSun Capital Bancorp (NASDAQ:FSUN) last posted its quarterly earnings data on Monday, July 28th. The company reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.91 by $0.02. The firm had revenue of $106.78 million for the quarter, compared to the consensus estimate of $103.35 million. FirstSun Capital Bancorp had a return on equity of 9.24% and a net margin of 15.99%. On average, sell-side analysts anticipate that FirstSun Capital Bancorp will post 3.6 EPS for the current year.

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.