CapStar Financial (NASDAQ:CSTR) Coverage Initiated by Analysts at StockNews.com

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

CapStar Financial Price Performance

Shares of CapStar Financial stock opened at $20.10 on Tuesday. CapStar Financial has a 1 year low of $11.22 and a 1 year high of $20.20. The business has a 50-day moving average of $19.50 and a two-hundred day moving average of $18.06. The company has a market capitalization of $418.36 million, a P/E ratio of 14.26 and a beta of 0.79. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.96 and a quick ratio of 0.95.

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. The company had revenue of $27.11 million during the quarter. CapStar Financial had a return on equity of 8.46% and a net margin of 16.17%. As a group, equities analysts predict that CapStar Financial will post 1.42 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. Quadrant Capital Group LLC bought a new position in CapStar Financial in the fourth quarter valued at approximately $42,000. SG Americas Securities LLC acquired a new stake in shares of CapStar Financial in the third quarter valued at approximately $119,000. Exchange Traded Concepts LLC acquired a new stake in shares of CapStar Financial in the fourth quarter valued at approximately $392,000. PenderFund Capital Management Ltd. acquired a new stake in shares of CapStar Financial in the fourth quarter valued at approximately $415,000. Finally, DLD Asset Management LP acquired a new stake in shares of CapStar Financial in the fourth quarter valued at approximately $618,000. 52.22% of the stock is currently owned by institutional investors.

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.