Shares of Capstar Financial Holdings Inc (NASDAQ:CSTR) have earned an average recommendation of “Hold” from the five analysts that are covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell rating and four have assigned a hold rating to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $19.33.

Several equities analysts have commented on the stock. Stephens reiterated a “hold” rating and issued a $20.00 price target on shares of Capstar Financial in a research note on Thursday, June 28th. ValuEngine lowered shares of Capstar Financial from a “hold” rating to a “sell” rating in a research note on Friday, June 29th. Finally, Zacks Investment Research lowered shares of Capstar Financial from a “strong-buy” rating to a “hold” rating in a research note on Thursday, September 6th.

NASDAQ:CSTR remained flat at $$16.87 during mid-day trading on Friday. 3,943 shares of the company traded hands, compared to its average volume of 14,646. The firm has a market capitalization of $199.68 million, a PE ratio of 42.18 and a beta of 0.48. Capstar Financial has a 52-week low of $16.68 and a 52-week high of $22.22. The company has a current ratio of 1.01, a quick ratio of 0.96 and a debt-to-equity ratio of 0.62.

Capstar Financial (NASDAQ:CSTR) last issued its earnings results on Friday, July 27th. The bank reported $0.29 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.29. The firm had revenue of $14.35 million for the quarter, compared to analysts’ expectations of $14.50 million. Capstar Financial had a net margin of 16.57% and a return on equity of 10.20%. research analysts predict that Capstar Financial will post 1.13 EPS for the current fiscal year.

In related news, Director Dennis Bottorff purchased 4,667 shares of the company’s stock in a transaction on Tuesday, September 11th. The shares were bought at an average cost of $17.01 per share, for a total transaction of $79,385.67. Following the completion of the purchase, the director now directly owns 231,196 shares of the company’s stock, valued at approximately $3,932,643.96. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 18.27% of the company’s stock.

Institutional investors have recently made changes to their positions in the business. BlackRock Inc. grew its position in shares of Capstar Financial by 1.7% during the second quarter. BlackRock Inc. now owns 394,974 shares of the bank’s stock worth $7,318,000 after acquiring an additional 6,421 shares during the last quarter. Foresters Investment Management Company Inc. grew its position in shares of Capstar Financial by 27.1% during the first quarter. Foresters Investment Management Company Inc. now owns 290,500 shares of the bank’s stock worth $5,470,000 after acquiring an additional 62,000 shares during the last quarter. Elizabeth Park Capital Advisors Ltd. grew its position in shares of Capstar Financial by 2.0% during the second quarter. Elizabeth Park Capital Advisors Ltd. now owns 289,186 shares of the bank’s stock worth $5,359,000 after acquiring an additional 5,591 shares during the last quarter. Dimensional Fund Advisors LP grew its position in shares of Capstar Financial by 119.4% during the second quarter. Dimensional Fund Advisors LP now owns 95,259 shares of the bank’s stock worth $1,765,000 after acquiring an additional 51,840 shares during the last quarter. Finally, Russell Investments Group Ltd. grew its position in shares of Capstar Financial by 7.7% during the first quarter. Russell Investments Group Ltd. now owns 56,176 shares of the bank’s stock worth $1,058,000 after acquiring an additional 3,994 shares during the last quarter. Institutional investors own 36.02% of the company’s stock.

Capstar Financial Company Profile

CapStar Financial Holdings, Inc operates as the holding company for CapStar Bank that provides commercial banking services to consumer and corporate customers located primarily in Davidson, Sumner, Williamson, and the surrounding counties in Tennessee, the United States. It offers a range of deposit products and services, including demand deposits, interest-bearing transaction accounts, money market accounts, time and savings deposits, certificates of deposit, and CDARS reciprocal products.

Further Reading: Short Selling – Explanation For Shorting Stocks

Receive News & Ratings for Capstar Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capstar Financial and related companies with MarketBeat.com's FREE daily email newsletter.