Gamco Investors INC. ET AL Purchases Shares of 15,256 FirstSun Capital Bancorp $FSUN

Gamco Investors INC. ET AL purchased a new position in FirstSun Capital Bancorp (NASDAQ:FSUN) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 15,256 shares of the company’s stock, valued at approximately $556,000. Gamco Investors INC. ET AL owned about 0.05% of FirstSun Capital Bancorp as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Russell Investments Group Ltd. purchased a new stake in shares of FirstSun Capital Bancorp during the third quarter worth about $41,000. New York State Common Retirement Fund purchased a new position in FirstSun Capital Bancorp during the 2nd quarter valued at about $139,000. Quantbot Technologies LP increased its holdings in FirstSun Capital Bancorp by 508.9% during the 2nd quarter. Quantbot Technologies LP now owns 4,871 shares of the company’s stock valued at $169,000 after purchasing an additional 4,071 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank bought a new position in FirstSun Capital Bancorp during the 4th quarter valued at approximately $214,000. Finally, Squarepoint Ops LLC bought a new position in FirstSun Capital Bancorp during the 4th quarter valued at approximately $216,000.

Wall Street Analyst Weigh In

FSUN has been the topic of a number of recent analyst reports. Weiss Ratings lowered FirstSun Capital Bancorp from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, July 17th. Zacks Research upgraded FirstSun Capital Bancorp from a “strong sell” rating to a “hold” rating in a report on Monday, June 29th. Wall Street Zen lowered FirstSun Capital Bancorp from a “hold” rating to a “sell” rating in a research note on Sunday, July 12th. Stephens cut their price target on shares of FirstSun Capital Bancorp from $46.00 to $45.00 and set an “overweight” rating on the stock in a report on Wednesday. Finally, Raymond James Financial reissued a “strong-buy” rating on shares of FirstSun Capital Bancorp in a research report on Friday, July 10th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, FirstSun Capital Bancorp has a consensus rating of “Moderate Buy” and an average target price of $44.50.

FirstSun Capital Bancorp Stock Down 0.6%

FSUN stock opened at $39.09 on Thursday. FirstSun Capital Bancorp has a fifty-two week low of $29.95 and a fifty-two week high of $42.34. The company has a market capitalization of $1.83 billion, a price-to-earnings ratio of 19.84 and a beta of 0.31. The business’s 50 day moving average price is $36.39 and its two-hundred day moving average price is $37.13. 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 (NASDAQ:FSUN) last released its earnings results on Monday, July 27th. The company reported $0.45 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.28. The company had revenue of $184.14 million during the quarter. FirstSun Capital Bancorp had a return on equity of 8.23% and a net margin of 6.60%. As a group, analysts forecast that FirstSun Capital Bancorp will post 2.98 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. 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.