Stieven Capital Advisors L.P. Sells 127,870 Shares of FirstSun Capital Bancorp (NASDAQ:FSUN)

Stieven Capital Advisors L.P. reduced its stake in shares of FirstSun Capital Bancorp (NASDAQ:FSUN - Free Report) by 27.3% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 340,130 shares of the company's stock after selling 127,870 shares during the period. FirstSun Capital Bancorp accounts for approximately 2.4% of Stieven Capital Advisors L.P.'s investment portfolio, making the stock its 18th biggest position. Stieven Capital Advisors L.P. owned approximately 1.23% of FirstSun Capital Bancorp worth $12,296,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Wellington Management Group LLP grew its stake in shares of FirstSun Capital Bancorp by 8.6% in the 4th quarter. Wellington Management Group LLP now owns 2,626,167 shares of the company's stock valued at $105,178,000 after buying an additional 207,774 shares during the period. Marshall Wace LLP grew its stake in shares of FirstSun Capital Bancorp by 1,721.6% in the 4th quarter. Marshall Wace LLP now owns 125,110 shares of the company's stock valued at $5,011,000 after buying an additional 118,242 shares during the period. Rhino Investment Partners Inc acquired a new stake in shares of FirstSun Capital Bancorp in the 4th quarter valued at about $3,177,000. Susquehanna International Group LLP acquired a new stake in shares of FirstSun Capital Bancorp in the 4th quarter valued at about $3,100,000. Finally, Kennedy Capital Management LLC acquired a new stake in shares of FirstSun Capital Bancorp in the 4th quarter valued at about $2,618,000.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. Stephens assumed coverage on shares of FirstSun Capital Bancorp in a research report on Tuesday, May 6th. They issued an "overweight" rating and a $44.00 price target on the stock. Wall Street Zen cut shares of FirstSun Capital Bancorp from a "hold" rating to a "sell" rating in a research report on Saturday. One analyst has rated the stock with a sell rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, FirstSun Capital Bancorp presently has a consensus rating of "Moderate Buy" and an average target price of $46.00.

FirstSun Capital Bancorp Stock Performance

Shares of NASDAQ:FSUN traded down $0.56 during mid-day trading on Tuesday, reaching $37.65. The company had a trading volume of 115,637 shares, compared to its average volume of 78,287. The company has a current ratio of 1.01, a quick ratio of 1.00 and a debt-to-equity ratio of 0.10. The firm has a market cap of $1.05 billion and a price-to-earnings ratio of 12.22. The company's 50-day moving average price is $35.63 and its 200-day moving average price is $37.40. FirstSun Capital Bancorp has a one year low of $31.70 and a one year high of $45.32.

FirstSun Capital Bancorp (NASDAQ:FSUN - Get Free Report) last posted its quarterly earnings results on Monday, April 28th. The company reported $0.83 EPS for the quarter, topping analysts' consensus estimates of $0.79 by $0.04. FirstSun Capital Bancorp had a net margin of 15.84% and a return on equity of 9.34%. The company had revenue of $97.40 million for the quarter, compared to analysts' expectations of $99.11 million. As a group, equities research analysts anticipate that FirstSun Capital Bancorp will post 3.6 EPS for the current fiscal year.

Insiders Place Their Bets

In other FirstSun Capital Bancorp news, Director John Fleshood acquired 2,000 shares of FirstSun Capital Bancorp stock in a transaction that occurred on Wednesday, May 7th. The stock was acquired at an average cost of $35.38 per share, for a total transaction of $70,760.00. Following the purchase, the director owned 2,050 shares of the company's stock, valued at approximately $72,529. This represents a 4,000.00% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 12.52% of the company's stock.

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.