Firstsun Capital Bancorp (NASDAQ:FSUN) Upgraded at Raymond James

Raymond James upgraded shares of Firstsun Capital Bancorp (NASDAQ:FSUN) from a market perform rating to an outperform rating in a research report sent to investors on Tuesday morning, MarketBeat reports. Raymond James currently has $42.00 price objective on the stock.

Firstsun Capital Bancorp Stock Down 0.2 %

Shares of NASDAQ:FSUN opened at $37.00 on Tuesday. The stock’s 50 day moving average is $39.82. Firstsun Capital Bancorp has a one year low of $31.25 and a one year high of $43.80. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.02 and a current ratio of 1.03.

Hedge Funds Weigh In On Firstsun Capital Bancorp

A number of hedge funds and other institutional investors have recently modified their holdings of FSUN. Philadelphia Financial Management of San Francisco LLC acquired a new stake in Firstsun Capital Bancorp in the third quarter valued at approximately $873,000. State Street Corp acquired a new stake in Firstsun Capital Bancorp in the third quarter valued at approximately $1,367,000. Charles Schwab Investment Management Inc. acquired a new stake in Firstsun Capital Bancorp in the third quarter valued at approximately $2,816,000. Geode Capital Management LLC acquired a new stake in Firstsun Capital Bancorp in the third quarter valued at approximately $3,066,000. Finally, Fourthstone LLC acquired a new stake in Firstsun Capital Bancorp in the third quarter valued at approximately $13,846,000.

Firstsun Capital Bancorp Company Profile

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.