Wasatch Advisors Inc. held its stake in shares of Capstar Financial Holdings Inc. (NASDAQ:CSTR) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 100,000 shares of the bank’s stock at the close of the second quarter. Wasatch Advisors Inc. owned approximately 0.89% of Capstar Financial Holdings worth $1,774,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Banc Funds Co. LLC boosted its position in shares of Capstar Financial Holdings by 4.3% during the second quarter. Banc Funds Co. LLC now owns 323,300 shares of the bank’s stock worth $5,735,000 after buying an additional 13,300 shares during the period. Penn Capital Management Co. Inc. boosted its position in shares of Capstar Financial Holdings by 1.1% during the second quarter. Penn Capital Management Co. Inc. now owns 218,333 shares of the bank’s stock worth $3,873,000 after buying an additional 2,424 shares during the period. Wellington Management Group LLP boosted its position in shares of Capstar Financial Holdings by 1.0% during the first quarter. Wellington Management Group LLP now owns 183,206 shares of the bank’s stock worth $3,494,000 after buying an additional 1,849 shares during the period. Ranger Investment Management L.P. boosted its position in shares of Capstar Financial Holdings by 17.2% during the first quarter. Ranger Investment Management L.P. now owns 94,011 shares of the bank’s stock worth $1,793,000 after buying an additional 13,821 shares during the period. Finally, Northern Trust Corp boosted its position in shares of Capstar Financial Holdings by 176.3% during the second quarter. Northern Trust Corp now owns 82,547 shares of the bank’s stock worth $1,465,000 after buying an additional 52,673 shares during the period. Institutional investors and hedge funds own 35.44% of the company’s stock.

CSTR has been the subject of several analyst reports. Compass Point downgraded Capstar Financial Holdings from a “neutral” rating to a “sell” rating and set a $17.00 price objective for the company. in a research report on Wednesday, October 11th. Zacks Investment Research upgraded Capstar Financial Holdings from a “sell” rating to a “hold” rating in a research report on Monday, October 2nd. ValuEngine downgraded Capstar Financial Holdings from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $18.00 price objective on shares of Capstar Financial Holdings in a research report on Tuesday, October 3rd. Finally, Stephens set a $17.00 price objective on Capstar Financial Holdings and gave the stock a “hold” rating in a research report on Monday, August 14th. One equities research analyst has rated the stock with a sell rating and six have given a hold rating to the company’s stock. Capstar Financial Holdings currently has an average rating of “Hold” and an average target price of $18.20.

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In other Capstar Financial Holdings news, Director Dale W. Polley acquired 3,000 shares of Capstar Financial Holdings stock in a transaction on Tuesday, August 1st. The shares were purchased at an average cost of $16.99 per share, with a total value of $50,970.00. Following the completion of the purchase, the director now owns 5,704 shares in the company, valued at $96,910.96. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, major shareholder Gaylon M. Jr. Lawrence acquired 21,208 shares of Capstar Financial Holdings stock in a transaction on Monday, October 16th. The stock was acquired at an average cost of $20.38 per share, for a total transaction of $432,219.04. The disclosure for this purchase can be found here. Over the last ninety days, insiders acquired 26,208 shares of company stock worth $517,189. Insiders own 19.28% of the company’s stock.

Shares of Capstar Financial Holdings Inc. (CSTR) opened at 21.23 on Thursday. Capstar Financial Holdings Inc. has a one year low of $15.90 and a one year high of $22.35. The company has a market cap of $238.65 million and a PE ratio of 119.94. The company’s 50-day moving average price is $19.10 and its 200 day moving average price is $19.10.

Capstar Financial Holdings (NASDAQ:CSTR) last released its quarterly earnings results on Monday, October 16th. The bank reported $0.35 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.23 by $0.12. Capstar Financial Holdings had a net margin of 7.05% and a return on equity of 9.36%. The business had revenue of $14.22 million for the quarter, compared to analysts’ expectations of $13.56 million. During the same period in the prior year, the firm earned $0.20 earnings per share. Equities analysts forecast that Capstar Financial Holdings Inc. will post $0.37 EPS for the current fiscal year.

About Capstar Financial Holdings

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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Institutional Ownership by Quarter for Capstar Financial Holdings (NASDAQ:CSTR)

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