CapStar Financial (NASDAQ:CSTR) Receives New Coverage from Analysts at StockNews.com

StockNews.com began coverage on shares of CapStar Financial (NASDAQ:CSTR) in a report issued on Wednesday. The firm set a “hold” rating on the bank’s stock.

CapStar Financial Stock Performance

CapStar Financial stock opened at $20.10 on Wednesday. CapStar Financial has a 52 week low of $11.22 and a 52 week high of $20.20. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.95 and a current ratio of 0.96. The firm has a market capitalization of $418.36 million, a price-to-earnings ratio of 14.26 and a beta of 0.79. The company has a 50 day moving average price of $19.69 and a 200 day moving average price of $18.29.

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

Hedge Funds Weigh In On CapStar Financial

A number of large investors have recently made changes to their positions in the business. Quadrant Capital Group LLC purchased a new position in CapStar Financial during the fourth quarter valued at approximately $42,000. SG Americas Securities LLC purchased a new position in shares of CapStar Financial during the 3rd quarter valued at $119,000. Exchange Traded Concepts LLC acquired a new position in shares of CapStar Financial in the fourth quarter worth $392,000. PenderFund Capital Management Ltd. acquired a new position in shares of CapStar Financial in the fourth quarter worth $415,000. Finally, 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 worth $494,000 after acquiring an additional 2,974 shares in the last quarter. Institutional investors and hedge funds own 52.22% of the company’s stock.

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.