Y Intercept Hong Kong Ltd Buys Shares of 20,927 FirstSun Capital Bancorp $FSUN

Y Intercept Hong Kong Ltd bought a new stake in shares of FirstSun Capital Bancorp (NASDAQ:FSUN) in the 1st quarter, according to its most recent filing with the SEC. The institutional investor bought 20,927 shares of the company’s stock, valued at approximately $763,000. Y Intercept Hong Kong Ltd owned about 0.07% of FirstSun Capital Bancorp at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Wellington Management Group LLP raised its holdings in FirstSun Capital Bancorp by 7.0% in the fourth quarter. Wellington Management Group LLP now owns 2,880,385 shares of the company’s stock valued at $108,403,000 after acquiring an additional 189,493 shares in the last quarter. State Street Corp grew its holdings in FirstSun Capital Bancorp by 2.1% during the 4th quarter. State Street Corp now owns 459,011 shares of the company’s stock worth $17,275,000 after acquiring an additional 9,381 shares in the last quarter. Alliancebernstein L.P. increased its position in shares of FirstSun Capital Bancorp by 0.4% in the 3rd quarter. Alliancebernstein L.P. now owns 440,784 shares of the company’s stock worth $17,098,000 after purchasing an additional 1,929 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of FirstSun Capital Bancorp by 32.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 284,023 shares of the company’s stock worth $10,689,000 after purchasing an additional 68,839 shares during the last quarter. Finally, Two Sigma Investments LP raised its stake in shares of FirstSun Capital Bancorp by 96.7% in the 3rd quarter. Two Sigma Investments LP now owns 201,729 shares of the company’s stock valued at $7,825,000 after purchasing an additional 99,196 shares in the last quarter.

FirstSun Capital Bancorp Price Performance

Shares of NASDAQ:FSUN opened at $35.08 on Monday. The company’s fifty day moving average is $36.44 and its two-hundred day moving average is $37.37. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.00 and a current ratio of 1.02. FirstSun Capital Bancorp has a 1-year low of $29.95 and a 1-year high of $42.34. The stock has a market capitalization of $1.64 billion, a price-to-earnings ratio of 10.35 and a beta of 0.31.

FirstSun Capital Bancorp (NASDAQ:FSUN) last posted its quarterly earnings results on Monday, April 27th. The company reported $0.84 EPS for the quarter, missing the consensus estimate of $0.90 by ($0.06). FirstSun Capital Bancorp had a net margin of 16.52% and a return on equity of 8.80%. The business had revenue of $109.95 million during the quarter. Equities analysts anticipate that FirstSun Capital Bancorp will post 3.52 EPS for the current year.

Analyst Upgrades and Downgrades

FSUN has been the topic of several research analyst reports. Weiss Ratings raised shares of FirstSun Capital Bancorp from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, July 1st. Wall Street Zen cut FirstSun Capital Bancorp from a “hold” rating to a “sell” rating in a research note on Sunday. Zacks Research raised FirstSun Capital Bancorp from a “strong sell” rating to a “hold” rating in a report on Monday, June 29th. Raymond James Financial reaffirmed a “strong-buy” rating on shares of FirstSun Capital Bancorp in a report on Friday. Finally, Piper Sandler set a $45.00 target price on FirstSun Capital Bancorp in a research report on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, FirstSun Capital Bancorp presently has an average rating of “Buy” and an average target price of $44.00.

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. The Mortgage Operations segment originates, sells, services, and manages market risk from changes in interest rates on one-to-four family residential mortgage loans to sell and hold. The company is founded on November 9, 1981 headquartered in Denver, CO.