CapStar Financial (NASDAQ:CSTR) Research Coverage Started at StockNews.com

Equities researchers at StockNews.com initiated coverage on shares of CapStar Financial (NASDAQ:CSTR) in a report released on Tuesday. The brokerage set a “hold” rating on the bank’s stock.

CapStar Financial Price Performance

Shares of NASDAQ:CSTR opened at $20.10 on Tuesday. The company has a current ratio of 0.96, a quick ratio of 0.95 and a debt-to-equity ratio of 0.22. The stock has a market cap of $418.36 million, a PE ratio of 14.26 and a beta of 0.79. The stock’s fifty day simple moving average is $19.50 and its two-hundred day simple moving average is $18.06. CapStar Financial has a 1-year low of $11.22 and a 1-year high of $20.20.

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

Institutional Trading of CapStar Financial

A number of institutional investors and hedge funds have recently modified their holdings of the business. Kennedy Capital Management LLC bought a new position in CapStar Financial in the 3rd quarter valued at $883,000. North Reef Capital Management LP purchased a new stake in CapStar Financial during the third quarter worth about $1,347,000. Exchange Traded Concepts LLC purchased a new stake in CapStar Financial during the fourth quarter worth about $392,000. SG Americas Securities LLC bought a new stake in CapStar Financial in the third quarter worth about $119,000. Finally, Equitable Trust Co. boosted its stake in CapStar Financial by 4.1% in the fourth quarter. Equitable Trust Co. now owns 97,605 shares of the bank’s stock valued at $1,829,000 after acquiring an additional 3,869 shares during the last quarter. 52.22% of the stock is owned by hedge funds and other institutional investors.

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.