Capstar Financial Holdings Inc. (NASDAQ:CSTR) has been given an average recommendation of “Hold” by the six brokerages that are currently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating and five have assigned a hold rating to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $18.00.

CSTR has been the subject of a number of research analyst reports. Sandler O’Neill downgraded shares of Capstar Financial Holdings from a “buy” rating to a “hold” rating and cut their target price for the stock from $21.00 to $19.00 in a research report on Tuesday, August 1st. Zacks Investment Research downgraded shares of Capstar Financial Holdings from a “buy” rating to a “sell” rating in a research report on Thursday, August 3rd. Stephens set a $17.00 target price on shares of Capstar Financial Holdings and gave the stock a “hold” rating in a research report on Monday, August 14th. ValuEngine downgraded shares of Capstar Financial Holdings from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Finally, Keefe, Bruyette & Woods reiterated a “hold” rating and set a $18.00 price target on shares of Capstar Financial Holdings in a research note on Tuesday, October 3rd.

In other Capstar Financial Holdings news, major shareholder Gaylon M. Jr. Lawrence purchased 21,208 shares of the company’s stock in a transaction dated Monday, October 16th. The shares were acquired at an average price of $20.38 per share, for a total transaction of $432,219.04. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Julie D. Frist sold 2,000 shares of Capstar Financial Holdings stock in a transaction on Thursday, October 5th. The shares were sold at an average price of $19.44, for a total transaction of $38,880.00. The disclosure for this sale can be found here. Company insiders own 19.28% of the company’s stock.

Several institutional investors and hedge funds have recently added to or reduced their stakes in CSTR. Huber Capital Management LLC lifted its stake in shares of Capstar Financial Holdings by 1,129.8% during the 3rd quarter. Huber Capital Management LLC now owns 145,939 shares of the bank’s stock valued at $2,857,000 after buying an additional 134,072 shares in the last quarter. Northern Trust Corp lifted its stake in shares of Capstar Financial Holdings by 176.3% during the 2nd quarter. Northern Trust Corp now owns 82,547 shares of the bank’s stock valued at $1,465,000 after buying an additional 52,673 shares in the last quarter. State Street Corp lifted its stake in shares of Capstar Financial Holdings by 84.9% during the 2nd quarter. State Street Corp now owns 73,650 shares of the bank’s stock valued at $1,308,000 after buying an additional 33,826 shares in the last quarter. Goldman Sachs Group Inc. purchased a new position in shares of Capstar Financial Holdings during the 1st quarter valued at $529,000. Finally, Bank of New York Mellon Corp purchased a new position in shares of Capstar Financial Holdings during the 2nd quarter valued at $380,000. Institutional investors own 33.97% of the company’s stock.

Capstar Financial Holdings (NASDAQ CSTR) traded up $0.36 during trading hours on Monday, reaching $20.29. 18,210 shares of the company’s stock were exchanged, compared to its average volume of 36,077. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.95 and a current ratio of 1.00. Capstar Financial Holdings has a fifty-two week low of $16.00 and a fifty-two week high of $22.35. The company has a market cap of $228.77, a P/E ratio of 19.75 and a beta of 1.41.

Capstar Financial Holdings (NASDAQ:CSTR) last posted its earnings results on Monday, October 16th. The bank reported $0.35 EPS for the quarter, topping analysts’ consensus estimates of $0.23 by $0.12. Capstar Financial Holdings had a net margin of 7.05% and a return on equity of 9.27%. The business had revenue of $14.22 million during the quarter, compared to the consensus estimate of $13.56 million. During the same quarter in the previous year, the firm posted $0.20 EPS. equities analysts predict that Capstar Financial Holdings will post 0.29 earnings per share for the current year.

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Capstar Financial Holdings Company Profile

CapStar Financial Holdings, Inc is a bank holding company. The Company operates primarily through its subsidiary, CapStar Bank. CapStar Bank is a commercial bank. The Company’s lines of business include commercial and industrial, commercial real estate, healthcare, correspondent banking, personal and private banking and wealth management, and mortgage banking.

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