12,835 Shares in Firstsun Capital Bancorp (NASDAQ:FSUN) Acquired by Janus Henderson Group PLC

Janus Henderson Group PLC purchased a new position in Firstsun Capital Bancorp (NASDAQ:FSUN - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 12,835 shares of the company's stock, valued at approximately $514,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Tower Research Capital LLC TRC increased its stake 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 worth $26,000 after purchasing an additional 405 shares during the period. Charles Schwab Investment Management Inc. increased its stake in shares of Firstsun Capital Bancorp by 0.8% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 66,644 shares of the company's stock valued at $2,669,000 after buying an additional 542 shares during the period. Northern Trust Corp increased its stake in shares of Firstsun Capital Bancorp by 2.9% during the fourth quarter. Northern Trust Corp now owns 22,317 shares of the company's stock valued at $894,000 after buying an additional 625 shares during the period. Quantbot Technologies LP purchased a new position in shares of Firstsun Capital Bancorp during the fourth quarter valued at $49,000. Finally, Bank of America Corp DE increased its stake in shares of Firstsun Capital Bancorp by 4,306.6% during the fourth quarter. Bank of America Corp DE now owns 4,010 shares of the company's stock valued at $161,000 after buying an additional 3,919 shares during the period.

Firstsun Capital Bancorp Stock Down 1.3%

FSUN traded down $0.46 on Thursday, hitting $35.60. The company had a trading volume of 7,642 shares, compared to its average volume of 59,517. The stock has a fifty day moving average price of $35.54 and a 200-day moving average price of $38.22. Firstsun Capital Bancorp has a 12-month low of $31.70 and a 12-month high of $45.32. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.02 and a current ratio of 1.03. The stock has a market capitalization of $990.72 million and a price-to-earnings ratio of 11.56.

Firstsun Capital Bancorp (NASDAQ:FSUN - Get Free Report) last posted its earnings results on Monday, April 28th. The company reported $0.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.04. Firstsun Capital Bancorp had a return on equity of 8.56% and a net margin of 13.77%. The company had revenue of $97.40 million for the quarter, compared to analyst estimates of $99.11 million. Analysts predict that Firstsun Capital Bancorp will post 3.6 EPS for the current fiscal year.

Insider Buying and Selling at Firstsun Capital Bancorp

In other Firstsun Capital Bancorp news, Director John Fleshood purchased 2,000 shares of the stock in a transaction on Wednesday, May 7th. The stock was acquired at an average price of $35.38 per share, with a total value of $70,760.00. Following the completion of the acquisition, the director now owns 2,050 shares in the company, valued at $72,529. The trade was a 4,000.00% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Mollie H. Carter purchased 1,025,450 shares of the stock in a transaction on Wednesday, March 12th. The stock was acquired at an average cost of $37.06 per share, with a total value of $38,003,177.00. Following the acquisition, the insider now owns 666,500 shares of the company's stock, valued at approximately $24,700,490. This represents a -285.68% increase in their position. The disclosure for this purchase can be found here. 12.52% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the company. Stephens assumed coverage on Firstsun Capital Bancorp in a research note on Tuesday, May 6th. They set an "overweight" rating and a $44.00 price target on the stock. Piper Sandler assumed coverage on Firstsun Capital Bancorp in a research note on Friday, February 21st. They set an "overweight" rating and a $51.00 price target on the stock. Finally, Keefe, Bruyette & Woods restated an "outperform" rating and set a $47.00 price target (up previously from $46.00) on shares of Firstsun Capital Bancorp in a research note on Monday, February 3rd.

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.