Empowered Funds LLC Buys Shares of 35,715 Firstsun Capital Bancorp (NASDAQ:FSUN)

Empowered Funds LLC purchased a new position in shares of Firstsun Capital Bancorp (NASDAQ:FSUN) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 35,715 shares of the company’s stock, valued at approximately $1,430,000. Empowered Funds LLC owned approximately 0.13% of Firstsun Capital Bancorp as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently made changes to their positions in the company. Wellington Management Group LLP purchased a new position in shares of Firstsun Capital Bancorp during the third quarter valued at approximately $103,024,000. Public Employees Retirement System of Ohio acquired a new position in Firstsun Capital Bancorp in the 3rd quarter valued at $42,772,000. Fourthstone LLC purchased a new position in shares of Firstsun Capital Bancorp during the 3rd quarter worth $13,846,000. Geode Capital Management LLC acquired a new stake in shares of Firstsun Capital Bancorp during the third quarter worth $3,066,000. Finally, Charles Schwab Investment Management Inc. purchased a new stake in shares of Firstsun Capital Bancorp in the third quarter valued at $2,816,000.

Firstsun Capital Bancorp Stock Up 0.1 %

Shares of NASDAQ FSUN opened at $43.03 on Monday. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.03 and a quick ratio of 1.02. The firm has a fifty day moving average of $40.46 and a 200-day moving average of $40.50. Firstsun Capital Bancorp has a 52-week low of $33.31 and a 52-week high of $45.32.

Firstsun Capital Bancorp (NASDAQ:FSUN) last posted its quarterly earnings results on Monday, January 27th. The company reported $0.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.81 by $0.05. Firstsun Capital Bancorp had a return on equity of 8.56% and a net margin of 13.77%. On average, sell-side analysts predict that Firstsun Capital Bancorp will post 3.6 EPS for the current year.

Analyst Ratings Changes

FSUN has been the topic of several recent analyst reports. Raymond James upgraded Firstsun Capital Bancorp from a “market perform” rating to an “outperform” rating and set a $42.00 target price on the stock in a research report on Tuesday, November 19th. Keefe, Bruyette & Woods reiterated an “outperform” rating and set a $47.00 price objective (up from $46.00) on shares of Firstsun Capital Bancorp in a report on Monday, February 3rd.

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.