CapStar Financial (NASDAQ:CSTR) Now Covered by Analysts at StockNews.com

StockNews.com began coverage on shares of CapStar Financial (NASDAQ:CSTR) in a research report sent to investors on Tuesday morning. The firm issued a hold rating on the bank’s stock.

CapStar Financial Price Performance

Shares of NASDAQ:CSTR opened at $20.10 on Tuesday. 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 company has a 50 day moving average of $19.60 and a two-hundred day moving average of $18.13. CapStar Financial has a 52-week low of $11.22 and a 52-week high of $20.20. 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 announced its earnings results on Tuesday, March 12th. The bank reported $0.31 earnings per share for the quarter. CapStar Financial had a net margin of 16.17% and a return on equity of 8.46%. The business had revenue of $27.11 million during the quarter. As a group, analysts forecast that CapStar Financial will post 1.42 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Gardner Lewis Asset Management L P acquired a new position in shares of CapStar Financial in the 4th quarter valued at approximately $4,208,000. Prelude Capital Management LLC acquired a new stake in CapStar Financial in the fourth quarter valued at $3,166,000. Equitable Trust Co. boosted its stake in CapStar Financial by 4.1% during the 4th quarter. Equitable Trust Co. now owns 97,605 shares of the bank’s stock valued at $1,829,000 after acquiring an additional 3,869 shares during the last quarter. North Reef Capital Management LP acquired a new position in CapStar Financial during the 3rd quarter worth $1,347,000. Finally, BCK Capital Management LP bought a new stake in shares of CapStar Financial in the 4th quarter worth about $1,705,000. Hedge funds and other institutional investors own 52.22% of the company’s stock.

About CapStar Financial

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.