Firstsun Capital Bancorp (NASDAQ:FSUN) Research Coverage Started at Keefe, Bruyette & Woods

Posted by Adam Masters on Jan 24th, 2025

Keefe, Bruyette & Woods initiated coverage on shares of Firstsun Capital Bancorp (NASDAQ:FSUN – Free Report) in a research report sent to investors on Tuesday, Marketbeat.com reports. The brokerage issued an outperform rating and a $46.00 price target on the stock.

Separately, Raymond James upgraded shares of 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 note on Tuesday, November 19th.

Check Out Our Latest Stock Analysis on FSUN

Firstsun Capital Bancorp Stock Up 2.6 %

Shares of NASDAQ:FSUN opened at $41.12 on Tuesday. Firstsun Capital Bancorp has a 1-year low of $33.31 and a 1-year high of $44.37. The firm’s 50 day moving average price is $39.10. The company has a current ratio of 1.03, a quick ratio of 1.02 and a debt-to-equity ratio of 0.28.

Institutional Trading of Firstsun Capital Bancorp

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Wellington Management Group LLP bought a new position in Firstsun Capital Bancorp in the 3rd quarter worth approximately $103,024,000. Public Employees Retirement System of Ohio purchased a new position in shares of Firstsun Capital Bancorp in the third quarter worth $42,772,000. Fourthstone LLC bought a new position in shares of Firstsun Capital Bancorp during the third quarter worth $13,846,000. Geode Capital Management LLC purchased a new position in Firstsun Capital Bancorp during the third quarter valued at $3,066,000. Finally, Charles Schwab Investment Management Inc. bought a new stake in Firstsun Capital Bancorp in the 3rd quarter valued at $2,816,000.

About Firstsun Capital Bancorp

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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.