Capstar Financial Holdings Inc. (NASDAQ:CSTR) has been assigned a consensus recommendation of “Hold” from the six brokerages that are presently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell rating and five have issued a hold rating on the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $18.00.

Several research firms recently commented on CSTR. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $18.00 target price on shares of Capstar Financial in a research note on Tuesday, October 3rd. ValuEngine cut 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 Capstar Financial and gave the stock a “hold” rating in a research note on Monday, August 14th.

In other Capstar Financial news, Director Julie D. Frist sold 2,000 shares of the stock in a transaction that occurred on Thursday, October 5th. The stock was sold at an average price of $19.44, for a total value of $38,880.00. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, major shareholder Gaylon M. Jr. Lawrence purchased 21,208 shares of the business’s stock in a transaction on Monday, October 16th. The stock was purchased at an average price of $20.38 per share, for a total transaction of $432,219.04. The disclosure for this purchase can be found here. In the last quarter, insiders sold 6,000 shares of company stock worth $120,180. Corporate insiders own 19.28% of the company’s stock.

Large investors have recently made changes to their positions in the business. SG Americas Securities LLC bought a new position in Capstar Financial in the third quarter worth approximately $120,000. New York State Common Retirement Fund boosted its holdings in Capstar Financial by 410.8% in the second quarter. New York State Common Retirement Fund now owns 9,200 shares of the bank’s stock worth $163,000 after acquiring an additional 7,399 shares in the last quarter. Wells Fargo & Company MN boosted its holdings in Capstar Financial by 43.3% in the third quarter. Wells Fargo & Company MN now owns 10,177 shares of the bank’s stock worth $199,000 after acquiring an additional 3,077 shares in the last quarter. Huber Capital Management LLC bought a new position in Capstar Financial in the second quarter worth approximately $211,000. Finally, Schwab Charles Investment Management Inc. bought a new position in Capstar Financial in the second quarter worth approximately $268,000. Institutional investors and hedge funds own 35.64% of the company’s stock.

Capstar Financial (NASDAQ CSTR) traded down $0.37 during midday trading on Friday, reaching $21.31. The company had a trading volume of 22,079 shares, compared to its average volume of 35,050. Capstar Financial 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 $242.18, a PE ratio of 20.90 and a beta of 1.64. The company has a quick ratio of 0.95, a current ratio of 1.00 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, topping the consensus estimate of $0.23 by $0.12. Capstar Financial had a return on equity of 9.27% and a net margin of 7.05%. The business had revenue of $14.22 million during the quarter, compared to analysts’ expectations of $13.56 million. During the same quarter last year, the firm posted $0.20 earnings per share. sell-side analysts predict that Capstar Financial will post 0.36 earnings per share for the current year.

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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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