Research Analysts’ Weekly Ratings Changes for Capstar Financial (CSTR)

Several brokerages have updated their recommendations and price targets on shares of Capstar Financial (NASDAQ: CSTR) in the last few weeks:

  • 4/9/2019 – Capstar Financial was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “sell” rating. According to Zacks, “CapStar Financial Holdings, Inc. is a bank holding company. It operates primarily through its wholly owned subsidiary, CapStar Bank. The Company offers banking products and services which include savings accounts, debit and credit cards, personal and business loans, mortgages, line of credit, wealth management and online banking. CapStar Financial Holdings, Inc. is headquartered in Nashville, Tennessee. “
  • 4/1/2019 – Capstar Financial was upgraded by analysts at ValuEngine from a “strong sell” rating to a “sell” rating.
  • 3/29/2019 – Capstar Financial was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $17.00 price target on the stock. According to Zacks, “CapStar Financial Holdings, Inc. is a bank holding company. It operates primarily through its wholly owned subsidiary, CapStar Bank. The Company offers banking products and services which include savings accounts, debit and credit cards, personal and business loans, mortgages, line of credit, wealth management and online banking. CapStar Financial Holdings, Inc. is headquartered in Nashville, Tennessee. “
  • 3/28/2019 – Capstar Financial was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “CapStar Financial Holdings, Inc. is a bank holding company. It operates primarily through its wholly owned subsidiary, CapStar Bank. The Company offers banking products and services which include savings accounts, debit and credit cards, personal and business loans, mortgages, line of credit, wealth management and online banking. CapStar Financial Holdings, Inc. is headquartered in Nashville, Tennessee. “
  • 3/25/2019 – Capstar Financial was downgraded by analysts at ValuEngine from a “sell” rating to a “strong sell” rating.
  • 3/22/2019 – Capstar Financial was downgraded by analysts at BidaskClub from a “sell” rating to a “strong sell” rating.
  • 3/13/2019 – Capstar Financial was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $18.00 price target on the stock. According to Zacks, “CapStar Financial Holdings, Inc. is a bank holding company. It operates primarily through its wholly owned subsidiary, CapStar Bank. The Company offers banking products and services which include savings accounts, debit and credit cards, personal and business loans, mortgages, line of credit, wealth management and online banking. CapStar Financial Holdings, Inc. is headquartered in Nashville, Tennessee. “
  • 3/9/2019 – Capstar Financial was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.

Shares of NASDAQ:CSTR traded down $0.19 during midday trading on Monday, hitting $15.63. The company had a trading volume of 12,183 shares, compared to its average volume of 63,383. Capstar Financial Holdings Inc has a twelve month low of $13.51 and a twelve month high of $20.87. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.97 and a current ratio of 1.01. The stock has a market cap of $282.39 million, a PE ratio of 13.13 and a beta of 0.96.

Capstar Financial (NASDAQ:CSTR) last posted its quarterly earnings results on Thursday, January 24th. The bank reported $0.33 EPS for the quarter, beating the consensus estimate of $0.28 by $0.05. Capstar Financial had a return on equity of 9.71% and a net margin of 11.60%. The firm had revenue of $24.10 million during the quarter, compared to analysts’ expectations of $19.60 million. As a group, analysts predict that Capstar Financial Holdings Inc will post 1.25 earnings per share for the current fiscal year.

In other Capstar Financial news, Director Thomas R. Flynn bought 3,700 shares of the business’s stock in a transaction on Monday, February 11th. The stock was bought at an average price of $16.20 per share, with a total value of $59,940.00. Following the completion of the purchase, the director now directly owns 936 shares in the company, valued at $15,163.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 13.60% of the stock is owned by company insiders.

Hedge funds have recently bought and sold shares of the business. Rhumbline Advisers acquired a new stake in Capstar Financial during the fourth quarter worth $160,000. Millennium Management LLC acquired a new stake in Capstar Financial during the fourth quarter worth $175,000. Martingale Asset Management L P acquired a new stake in Capstar Financial during the third quarter worth $201,000. Renaissance Technologies LLC acquired a new stake in Capstar Financial during the third quarter worth $214,000. Finally, Bank of New York Mellon Corp increased its stake in Capstar Financial by 114.9% during the fourth quarter. Bank of New York Mellon Corp now owns 62,237 shares of the bank’s stock worth $917,000 after acquiring an additional 33,274 shares during the last quarter. 26.21% of the stock is owned by institutional investors.

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.

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