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

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

CapStar Financial Stock Performance

Shares of CapStar Financial stock opened at $20.10 on Friday. 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 business has a 50-day moving average price of $18.98 and a two-hundred day moving average price of $17.61. CapStar Financial has a 1-year low of $11.22 and a 1-year high of $20.20. The company has a market cap of $418.36 million, a P/E ratio of 14.26 and a beta of 0.79.

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

Institutional Trading of CapStar Financial

Large investors have recently bought and sold shares of the business. Kennedy Capital Management LLC acquired a new stake in shares of CapStar Financial in the 3rd quarter valued at about $883,000. Nalls Sherbakoff Group LLC grew its stake in shares of CapStar Financial by 1.0% in the 3rd quarter. Nalls Sherbakoff Group LLC now owns 153,420 shares of the bank’s stock valued at $2,177,000 after buying an additional 1,537 shares during the period. Exchange Traded Concepts LLC acquired a new stake in shares of CapStar Financial in the 4th quarter valued at about $392,000. North Reef Capital Management LP acquired a new stake in shares of CapStar Financial in the 3rd quarter valued at about $1,347,000. Finally, SG Americas Securities LLC acquired a new stake in shares of CapStar Financial in the 3rd quarter valued at about $119,000. 52.22% of the stock is currently owned by institutional investors and hedge funds.

About CapStar Financial

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.