Capstar Financial Holdings Inc. (NASDAQ:CSTR) has been assigned an average rating of “Hold” from the six analysts that are covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating and five have issued a hold rating on the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $19.50.

CSTR has been the subject of a number of recent research reports. Sandler O’Neill raised shares of Capstar Financial Holdings from a “hold” rating to a “buy” rating and set a $21.00 price objective for the company in a research note on Monday, May 15th. Zacks Investment Research cut shares of Capstar Financial Holdings from a “hold” rating to a “sell” rating in a research note on Thursday, June 1st. Finally, Stephens reissued a “hold” rating on shares of Capstar Financial Holdings in a research note on Thursday, April 27th.

Shares of Capstar Financial Holdings (CSTR) traded down 0.71% on Friday, hitting $16.89. The stock had a trading volume of 11,621 shares. The company’s 50 day moving average is $18.14 and its 200 day moving average is $18.63. Capstar Financial Holdings has a one year low of $15.50 and a one year high of $22.35. The stock has a market cap of $189.86 million and a PE ratio of 95.42.

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In other news, insider Christopher G. Tietz bought 2,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 2nd. The shares were purchased at an average price of $17.00 per share, for a total transaction of $34,000.00. Following the completion of the transaction, the insider now owns 5,100 shares in the company, valued at $86,700. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Stephen Buford Smith bought 9,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 15th. The shares were purchased at an average price of $17.90 per share, for a total transaction of $161,100.00. Following the transaction, the director now owns 766 shares of the company’s stock, valued at approximately $13,711.40. The disclosure for this purchase can be found here. In the last 90 days, insiders have purchased 14,000 shares of company stock worth $246,070. 19.28% of the stock is owned by company insiders.

Hedge funds have recently made changes to their positions in the company. Wells Fargo & Company MN purchased a new stake in shares of Capstar Financial Holdings during the first quarter worth about $135,000. Schwab Charles Investment Management Inc. purchased a new stake in shares of Capstar Financial Holdings during the second quarter worth about $268,000. Raymond James Financial Services Advisors Inc. raised its stake in shares of Capstar Financial Holdings by 52.9% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 15,459 shares of the bank’s stock worth $295,000 after buying an additional 5,350 shares during the period. Shayne & CO. LLC purchased a new stake in shares of Capstar Financial Holdings during the second quarter worth about $355,000. Finally, Bank of New York Mellon Corp purchased a new stake in shares of Capstar Financial Holdings during the second quarter worth about $380,000. Hedge funds and other institutional investors own 37.83% of the company’s stock.

Capstar Financial Holdings Company Profile

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.

Analyst Recommendations for Capstar Financial Holdings (NASDAQ:CSTR)

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