18,800 Shares in FirstSun Capital Bancorp $FSUN Purchased by Swiss National Bank

Key Points

• Swiss National Bank acquired a new stake in FirstSun Capital Bancorp, purchasing approximately 18,800 shares valued at around $680,000, giving it a 0.07% ownership in the company.
• FirstSun Capital Bancorp reported earnings of $0.93 per share for the last quarter, exceeding analysts' expectations of $0.91, with a revenue of $106.78 million.
• Analysts have varied opinions on FSUN, with Stephens rating it as overweight with a price target of $44.00, while Wall Street Zen downgraded it from a "hold" to a "sell" rating.

Swiss National Bank acquired a new stake in FirstSun Capital Bancorp (NASDAQ:FSUN - Free Report) in the 1st quarter, according to the company in its most recent filing with the SEC. The fund acquired 18,800 shares of the company's stock, valued at approximately $680,000. Swiss National Bank owned about 0.07% of FirstSun Capital Bancorp as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of FSUN. Tower Research Capital LLC TRC raised its position in shares of FirstSun Capital Bancorp by 165.3% during the fourth quarter. Tower Research Capital LLC TRC now owns 650 shares of the company's stock worth $26,000 after acquiring an additional 405 shares during the last quarter. Northern Trust Corp raised its position 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 worth $894,000 after acquiring an additional 625 shares during the last quarter. KLP Kapitalforvaltning AS bought a new stake in shares of FirstSun Capital Bancorp during the first quarter worth $69,000. Bank of America Corp DE raised its position 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 worth $161,000 after acquiring an additional 3,919 shares during the last quarter. Finally, Salzhauer Michael raised its position in shares of FirstSun Capital Bancorp by 12.4% during the first quarter. Salzhauer Michael now owns 56,804 shares of the company's stock worth $2,053,000 after acquiring an additional 6,279 shares during the last quarter.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. Stephens assumed coverage on FirstSun Capital Bancorp in a research report on Tuesday, May 6th. They set an "overweight" rating and a $44.00 target price for the company. Wall Street Zen raised FirstSun Capital Bancorp from a "sell" rating to a "hold" rating in a research note on Saturday. Four analysts have rated the stock with a Buy rating, According to MarketBeat, FirstSun Capital Bancorp has a consensus rating of "Buy" and an average target price of $46.00.

FirstSun Capital Bancorp Trading Down 0.0%

NASDAQ:FSUN traded down $0.01 on Friday, reaching $38.01. The company's stock had a trading volume of 126,970 shares, compared to its average volume of 160,403. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.00 and a current ratio of 1.01. The firm has a market cap of $1.06 billion and a PE ratio of 12.14. The business's 50-day moving average price is $36.78 and its two-hundred day moving average price is $36.64. FirstSun Capital Bancorp has a 1-year low of $31.70 and a 1-year high of $45.32.

FirstSun Capital Bancorp (NASDAQ:FSUN - Get Free Report) last posted its quarterly earnings data on Monday, July 28th. The company reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.91 by $0.02. The company had revenue of $106.78 million during the quarter, compared to analysts' expectations of $103.35 million. FirstSun Capital Bancorp had a return on equity of 9.24% and a net margin of 15.99%. Equities research analysts anticipate that FirstSun Capital Bancorp will post 3.6 earnings per share for the current fiscal year.

About FirstSun Capital Bancorp

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.