Capstar Financial Holdings Inc. (NASDAQ:CSTR) Director Stephen Buford Smith acquired 9,000 shares of Capstar Financial Holdings stock in a transaction dated Thursday, June 15th. The shares were bought at an average cost of $17.90 per share, for a total transaction of $161,100.00. Following the completion of the purchase, the director now directly owns 766 shares of the company’s stock, valued at approximately $13,711.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Shares of Capstar Financial Holdings Inc. (NASDAQ:CSTR) traded down 6.45% on Friday, hitting $17.55. The stock had a trading volume of 108,320 shares. The company has a 50 day moving average price of $17.83 and a 200-day moving average price of $19.15. Capstar Financial Holdings Inc. has a 12 month low of $15.50 and a 12 month high of $22.35. The stock has a market cap of $196.96 million and a PE ratio of 26.19.

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A number of research analysts have recently issued reports on CSTR shares. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $20.00 price objective on shares of Capstar Financial Holdings in a research note on Thursday, March 16th. Zacks Investment Research raised Capstar Financial Holdings from a “hold” rating to a “buy” rating and set a $22.00 price objective on the stock in a research note on Friday, March 17th. Stephens reaffirmed a “hold” rating on shares of Capstar Financial Holdings in a research note on Thursday, April 27th. Finally, Sandler O’Neill raised Capstar Financial Holdings from a “hold” rating to a “buy” rating and set a $21.00 price objective on the stock in a research note on Monday, May 15th. Five analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Capstar Financial Holdings has an average rating of “Hold” and a consensus target price of $20.75.

A number of institutional investors have recently modified their holdings of the stock. Elizabeth Park Capital Advisors Ltd. increased its position in shares of Capstar Financial Holdings by 88.3% in the first quarter. Elizabeth Park Capital Advisors Ltd. now owns 207,472 shares of the bank’s stock valued at $3,957,000 after buying an additional 97,272 shares during the last quarter. Hennessy Advisors Inc. increased its position in shares of Capstar Financial Holdings by 23.4% in the first quarter. Hennessy Advisors Inc. now owns 395,000 shares of the bank’s stock valued at $7,533,000 after buying an additional 75,000 shares during the last quarter. Foresters Investment Management Company Inc. increased its position in shares of Capstar Financial Holdings by 116.5% in the fourth quarter. Foresters Investment Management Company Inc. now owns 100,000 shares of the bank’s stock valued at $2,124,000 after buying an additional 53,800 shares during the last quarter. Russell Investments Group Ltd. purchased a new position in shares of Capstar Financial Holdings during the fourth quarter valued at approximately $1,023,000. Finally, Vanguard Group Inc. increased its position in shares of Capstar Financial Holdings by 184.6% in the first quarter. Vanguard Group Inc. now owns 63,718 shares of the bank’s stock valued at $1,215,000 after buying an additional 41,326 shares during the last quarter. Institutional investors own 38.01% of the company’s stock.

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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