StockNews.com Begins Coverage on CapStar Financial (NASDAQ:CSTR)

Investment analysts at StockNews.com started coverage on shares of CapStar Financial (NASDAQ:CSTR) in a note issued to investors on Tuesday. The brokerage set a “hold” rating on the bank’s stock.

CapStar Financial Price Performance

Shares of CSTR opened at $20.10 on Tuesday. CapStar Financial has a 12 month low of $11.22 and a 12 month high of $20.20. The stock has a market cap of $418.36 million, a price-to-earnings ratio of 14.26 and a beta of 0.79. The company has a 50-day moving average price of $19.50 and a two-hundred day moving average price of $18.06. 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 posted its earnings results on Tuesday, March 12th. The bank reported $0.31 EPS for the quarter. The business had revenue of $27.11 million during the quarter. CapStar Financial had a return on equity of 8.46% and a net margin of 16.17%. Equities analysts predict that CapStar Financial will post 1.42 EPS for the current fiscal year.

Institutional Investors Weigh In On CapStar Financial

Several large investors have recently made changes to their positions in the company. Quadrant Capital Group LLC bought a new position in CapStar Financial during the 4th quarter valued at about $42,000. SG Americas Securities LLC acquired a new stake in shares of CapStar Financial during the third quarter worth approximately $119,000. Exchange Traded Concepts LLC bought a new position in shares of CapStar Financial in the fourth quarter valued at approximately $392,000. PenderFund Capital Management Ltd. acquired a new position in shares of CapStar Financial in the 4th quarter worth approximately $415,000. Finally, Cambridge Investment Research Advisors Inc. grew its position in CapStar Financial by 9.3% during the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 34,785 shares of the bank’s stock worth $494,000 after acquiring an additional 2,974 shares during the last quarter. Institutional investors own 52.22% of the company’s stock.

CapStar Financial Company Profile

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.