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

Stieven Capital Advisors L.P. cut its stake in FirstSun Capital Bancorp (NASDAQ:FSUN - Free Report) by 27.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 340,130 shares of the company's stock after selling 127,870 shares during the quarter. FirstSun Capital Bancorp makes up approximately 2.4% of Stieven Capital Advisors L.P.'s investment portfolio, making the stock its 18th largest holding. Stieven Capital Advisors L.P. owned approximately 1.23% of FirstSun Capital Bancorp worth $12,296,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of FSUN. Charles Schwab Investment Management Inc. raised its position in shares of FirstSun Capital Bancorp by 0.8% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 66,644 shares of the company's stock valued at $2,669,000 after purchasing an additional 542 shares during the period. King Luther Capital Management Corp bought a new position in shares of FirstSun Capital Bancorp in the fourth quarter valued at about $250,000. Quantbot Technologies LP bought a new position in shares of FirstSun Capital Bancorp in the fourth quarter valued at about $49,000. Vanguard Group Inc. raised its position in shares of FirstSun Capital Bancorp by 12.0% in the fourth quarter. Vanguard Group Inc. now owns 534,193 shares of the company's stock valued at $21,394,000 after purchasing an additional 57,058 shares during the period. Finally, EntryPoint Capital LLC bought a new position in shares of FirstSun Capital Bancorp in the fourth quarter valued at about $220,000.

Analysts Set New Price Targets

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

FirstSun Capital Bancorp Stock Performance

Shares of FSUN stock traded down $0.13 on Friday, hitting $37.43. The company's stock had a trading volume of 108,223 shares, compared to its average volume of 77,652. The company has a market capitalization of $1.04 billion and a PE ratio of 12.15. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.00 and a current ratio of 1.01. FirstSun Capital Bancorp has a fifty-two week low of $31.70 and a fifty-two week high of $45.32. The stock's 50 day moving average is $35.63 and its 200-day moving average is $37.42.

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

Insider Transactions at FirstSun Capital Bancorp

In other news, Director John Fleshood acquired 2,000 shares of FirstSun Capital Bancorp stock in a transaction on Wednesday, May 7th. The shares were purchased at an average cost of $35.38 per share, for a total transaction of $70,760.00. Following the completion of the purchase, the director directly owned 2,050 shares of the company's stock, valued at approximately $72,529. This represents a 4,000.00% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 12.52% of the stock is owned by insiders.

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.