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

Research analysts at StockNews.com assumed coverage on shares of CapStar Financial (NASDAQ:CSTR) in a report released on Monday. The brokerage set a “hold” rating on the bank’s stock.

CapStar Financial Stock Performance

CapStar Financial stock opened at $20.10 on Monday. 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 has a 52 week low of $11.22 and a 52 week high of $20.20. The company has a market capitalization of $418.36 million, a price-to-earnings ratio of 14.26 and a beta of 0.79. The stock has a 50-day moving average price of $19.34 and a 200 day moving average price of $17.91.

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

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Quadrant Capital Group LLC acquired a new position in CapStar Financial in the fourth quarter valued at approximately $42,000. SG Americas Securities LLC acquired a new position in shares of CapStar Financial during the 3rd quarter worth approximately $119,000. Exchange Traded Concepts LLC acquired a new position in shares of CapStar Financial during the 4th quarter worth approximately $392,000. PenderFund Capital Management Ltd. acquired a new position in shares of CapStar Financial during the 4th quarter worth approximately $415,000. Finally, DLD Asset Management LP acquired a new position in shares of CapStar Financial during the 4th quarter worth approximately $618,000. 52.22% of the stock is owned by institutional investors and hedge funds.

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.