Capstar Financial Holdings Inc. (NASDAQ:CSTR) Director Julie D. Frist sold 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 5th. The stock was sold at an average price of $21.15, for a total transaction of $42,300.00. Following the completion of the sale, the director now directly owns 211,821 shares of the company’s stock, valued at $4,480,014.15. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Capstar Financial Holdings Inc. (NASDAQ:CSTR) traded up $0.16 during mid-day trading on Wednesday, reaching $21.32. 9,052 shares of the company traded hands, compared to its average volume of 35,169. Capstar Financial Holdings Inc. has a fifty-two week low of $16.00 and a fifty-two week high of $22.35. The firm has a market capitalization of $239.90 and a price-to-earnings ratio of 20.93. The company has a current ratio of 1.00, a quick ratio of 0.95 and a debt-to-equity ratio of 0.66.

Capstar Financial (NASDAQ:CSTR) last released its earnings results on Monday, October 16th. The bank reported $0.35 EPS for the quarter, beating the consensus estimate of $0.23 by $0.12. Capstar Financial had a net margin of 7.05% and a return on equity of 9.27%. The business had revenue of $14.22 million during the quarter, compared to analyst estimates of $13.56 million. During the same period in the prior year, the business earned $0.20 earnings per share. equities analysts forecast that Capstar Financial Holdings Inc. will post 0.36 earnings per share for the current year.

A number of brokerages have recently weighed in on CSTR. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $18.00 price target on shares of Capstar Financial in a research note on Tuesday, October 3rd. ValuEngine lowered shares of Capstar Financial from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Finally, Stephens set a $17.00 target price on shares of Capstar Financial and gave the company a “hold” rating in a research note on Monday, August 14th. One analyst has rated the stock with a sell rating and five have issued a hold rating to the company. Capstar Financial presently has a consensus rating of “Hold” and a consensus target price of $18.50.

A number of hedge funds have recently added to or reduced their stakes in CSTR. Goldman Sachs Group Inc. acquired a new stake in Capstar Financial during the first quarter valued at approximately $529,000. Schwab Charles Investment Management Inc. purchased a new stake in shares of Capstar Financial in the 2nd quarter valued at approximately $268,000. Bank of New York Mellon Corp purchased a new stake in shares of Capstar Financial in the 2nd quarter valued at approximately $380,000. Teachers Advisors LLC lifted its position in shares of Capstar Financial by 396.2% in the 2nd quarter. Teachers Advisors LLC now owns 16,232 shares of the bank’s stock valued at $288,000 after acquiring an additional 12,961 shares in the last quarter. Finally, TIAA CREF Investment Management LLC lifted its position in shares of Capstar Financial by 763.6% in the 2nd quarter. TIAA CREF Investment Management LLC now owns 22,946 shares of the bank’s stock valued at $407,000 after acquiring an additional 20,289 shares in the last quarter. 35.64% of the stock is owned by institutional investors and hedge funds.

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About Capstar Financial

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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