AM Investment Strategies LLC Decreases Position in CapStar Financial Holdings, Inc. (NASDAQ:CSTR)

AM Investment Strategies LLC cut its position in CapStar Financial Holdings, Inc. (NASDAQ:CSTR) by 5.6% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 83,566 shares of the bank’s stock after selling 5,000 shares during the period. AM Investment Strategies LLC owned approximately 0.40% of CapStar Financial worth $1,566,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. SG Americas Securities LLC purchased a new position in shares of CapStar Financial during the third quarter valued at approximately $119,000. Exchange Traded Concepts LLC purchased a new position in shares of CapStar Financial during the fourth quarter valued at approximately $392,000. Cambridge Investment Research Advisors Inc. raised its holdings in shares of CapStar Financial by 9.3% during the third quarter. Cambridge Investment Research Advisors Inc. now owns 34,785 shares of the bank’s stock valued at $494,000 after purchasing an additional 2,974 shares during the last quarter. Kennedy Capital Management LLC purchased a new position in shares of CapStar Financial during the third quarter valued at approximately $883,000. Finally, North Reef Capital Management LP purchased a new position in shares of CapStar Financial during the third quarter valued at approximately $1,347,000. 52.22% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, StockNews.com assumed coverage on shares of CapStar Financial in a report on Monday. They set a “hold” rating for the company.

CapStar Financial Stock Performance

Shares of CSTR remained flat at $20.10 during mid-day trading on Thursday. 172 shares of the company’s stock were exchanged, compared to its average volume of 100,585. The firm has a market capitalization of $418.36 million, a price-to-earnings ratio of 14.26 and a beta of 0.79. CapStar Financial Holdings, Inc. has a fifty-two week low of $11.22 and a fifty-two week high of $20.20. The business’s 50 day moving average price is $19.42 and its two-hundred day moving average price is $17.94. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.95 and a current ratio of 0.96.

CapStar Financial (NASDAQ:CSTR) last posted its quarterly earnings results on Tuesday, March 12th. The bank reported $0.31 earnings per share for the quarter. The business had revenue of $27.11 million during the quarter. CapStar Financial had a net margin of 16.17% and a return on equity of 8.46%. On average, research analysts forecast that CapStar Financial Holdings, Inc. will post 1.42 EPS for the current fiscal year.

CapStar Financial Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, February 21st. Shareholders of record on Wednesday, February 7th were given a $0.11 dividend. This is a positive change from CapStar Financial’s previous quarterly dividend of $0.04. This represents a $0.44 dividend on an annualized basis and a dividend yield of 2.19%. The ex-dividend date was Tuesday, February 6th. CapStar Financial’s dividend payout ratio is presently 31.21%.

CapStar Financial Company Profile

CapStar Financial Holdings, Inc operates as the bank holding company for CapStar Bank that provides banking and other financial services to individuals and corporate customers in Tennessee, the United States. It offers noninterest-bearing demand deposits, interest-bearing transaction accounts, money market accounts, savings accounts, and time deposits; mortgage banking products; and wealth management and treasury management services.