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

Equities researchers at StockNews.com initiated coverage on shares of CapStar Financial (NASDAQ:CSTR) in a note issued to investors on Sunday. The firm set a “hold” rating on the bank’s stock.

CapStar Financial Price Performance

Shares of CapStar Financial stock opened at $20.10 on Friday. The company has a market cap of $418.36 million, a price-to-earnings ratio of 14.26 and a beta of 0.79. The company’s 50 day moving average is $18.98 and its 200 day moving average is $17.61. CapStar Financial has a twelve month low of $11.22 and a twelve month high of $20.20. The company has a quick ratio of 0.95, a current ratio of 0.96 and a debt-to-equity ratio of 0.22.

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

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Tower Research Capital LLC TRC raised its position in CapStar Financial by 156.1% in the second quarter. Tower Research Capital LLC TRC now owns 2,113 shares of the bank’s stock worth $26,000 after acquiring an additional 1,288 shares during the period. Quadrant Capital Group LLC bought a new position in CapStar Financial in the fourth quarter worth approximately $42,000. BNP Paribas Arbitrage SA raised its position in CapStar Financial by 49.5% in the second quarter. BNP Paribas Arbitrage SA now owns 5,065 shares of the bank’s stock worth $99,000 after acquiring an additional 1,678 shares during the period. Citigroup Inc. raised its position in CapStar Financial by 41,800.0% in the second quarter. Citigroup Inc. now owns 5,866 shares of the bank’s stock worth $72,000 after acquiring an additional 5,852 shares during the period. Finally, BNP Paribas Arbitrage SNC raised its position in CapStar Financial by 20.9% in the third quarter. BNP Paribas Arbitrage SNC now owns 6,122 shares of the bank’s stock worth $113,000 after acquiring an additional 1,057 shares during the period. 52.22% of the stock is currently owned by institutional investors.

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.