Capstar Financial Holdings Inc (CSTR) Research Coverage Started at Keefe, Bruyette & Woods
Keefe, Bruyette & Woods began coverage on shares of Capstar Financial Holdings Inc (NASDAQ:CSTR) in a report issued on Monday. The brokerage set a “market perform” rating and a $19.00 price target on the stock. Keefe, Bruyette & Woods’ price target points to a potential upside of 7.33% from the stock’s current price.
Separately, Compass Point started coverage on shares of Capstar Financial Holdings in a research report on Thursday, September 22nd. They set a “buy” rating for the company.
Shares of Capstar Financial Holdings (NASDAQ:CSTR) traded down 0.11% during midday trading on Monday, hitting $17.71. 140,720 shares of the stock were exchanged. The firm has a market cap of $153.69 million and a PE ratio of 22.71. The firm’s 50-day moving average is $17.24 and its 200 day moving average is $17.24. Capstar Financial Holdings has a 52-week low of $15.50 and a 52-week high of $18.06.
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In related news, major shareholder North Dakota Investors Llc sold 1,060,873 shares of the stock in a transaction that occurred on Wednesday, September 21st. The shares were sold at an average price of $15.00, for a total value of $15,913,095.00. Following the completion of the sale, the insider now directly owns 1,060,873 shares of the company’s stock, valued at approximately $15,913,095. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Louis A. Green III bought 11,757 shares of Capstar Financial Holdings stock in a transaction that occurred on Wednesday, September 21st. The stock was purchased at an average cost of $15.00 per share, with a total value of $176,355.00. Following the completion of the acquisition, the director now directly owns 98,043 shares in the company, valued at approximately $1,470,645. The disclosure for this purchase can be found here.
About Capstar Financial Holdings
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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