State Street Corp Invests $1.37 Million in Firstsun Capital Bancorp (NASDAQ:FSUN)

State Street Corp acquired a new stake in shares of Firstsun Capital Bancorp (NASDAQ:FSUN) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 32,100 shares of the company’s stock, valued at approximately $1,367,000.

A number of other hedge funds also recently bought and sold shares of FSUN. Fourthstone LLC purchased a new position in shares of Firstsun Capital Bancorp during the third quarter worth approximately $13,846,000. Charles Schwab Investment Management Inc. bought a new position in shares of Firstsun Capital Bancorp during the 3rd quarter valued at $2,816,000. Finally, Philadelphia Financial Management of San Francisco LLC purchased a new position in Firstsun Capital Bancorp in the 3rd quarter worth $873,000.

Firstsun Capital Bancorp Stock Performance

FSUN opened at $39.86 on Friday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.02 and a current ratio of 1.03. The stock’s 50 day moving average is $38.56. Firstsun Capital Bancorp has a 1 year low of $33.00 and a 1 year high of $44.37.

Analyst Upgrades and Downgrades

Separately, Raymond James upgraded shares of Firstsun Capital Bancorp from a “market perform” rating to an “outperform” rating and set a $42.00 price target for the company in a research report on Tuesday, November 19th.

About Firstsun Capital Bancorp

FirstSun Capital Bancorp operates as a bank holding company for Sunflower Bank that provides commercial and consumer banking and financial services to small and medium-sized companies in Texas, Kansas, Colorado, New Mexico, and Arizona. The company offers deposit products, including noninterest bearing accounts, interest-bearing demand products, checking and savings accounts, money market and term certificate accounts, certificates of deposit, and treasury management products and services.