Compass Point downgraded shares of Capstar Financial Holdings Inc. (NASDAQ:CSTR) from a neutral rating to a sell rating in a report issued on Wednesday.

A number of other research analysts have also recently weighed in on the company. Zacks Investment Research upgraded Capstar Financial Holdings from a hold rating to a buy rating and set a $20.00 target price on the stock in a report on Monday, July 3rd. Sandler O’Neill cut Capstar Financial Holdings from a buy rating to a hold rating and reduced their price objective for the stock from $21.00 to $19.00 in a research note on Tuesday, August 1st. Stephens set a $17.00 price objective on Capstar Financial Holdings and gave the stock a hold rating in a research note on Monday, August 14th. ValuEngine cut Capstar Financial Holdings from a buy rating to a hold rating in a research note on Friday, September 1st. Finally, Keefe, Bruyette & Woods restated a hold rating and set a $18.00 price objective on shares of Capstar Financial Holdings in a research note on Tuesday, October 3rd. One equities research analyst has rated the stock with a sell rating and six have assigned a hold rating to the stock. The stock has a consensus rating of Hold and a consensus price target of $18.80.

Shares of Capstar Financial Holdings (NASDAQ:CSTR) traded down 4.48% during midday trading on Wednesday, reaching $18.96. The company’s stock had a trading volume of 13,745 shares. The firm’s 50 day moving average is $18.84 and its 200 day moving average is $18.84. Capstar Financial Holdings has a 52 week low of $15.90 and a 52 week high of $22.35. The firm has a market capitalization of $213.13 million and a price-to-earnings ratio of 107.12.

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In other Capstar Financial Holdings news, Director Julie D. Frist sold 2,000 shares of the business’s stock in a transaction dated Thursday, October 5th. The stock was sold at an average price of $19.44, for a total transaction of $38,880.00. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Dale W. Polley acquired 3,000 shares of Capstar Financial Holdings stock in a transaction on Tuesday, August 1st. The shares were bought at an average price of $16.99 per share, for a total transaction of $50,970.00. Following the purchase, the director now owns 5,704 shares of the company’s stock, valued at $96,910.96. The disclosure for this purchase can be found here. Insiders own 19.28% of the company’s stock.

Institutional investors and hedge funds have recently modified their holdings of the business. Wells Fargo & Company MN acquired a new position in shares of Capstar Financial Holdings during the first quarter worth about $135,000. New York State Common Retirement Fund lifted its stake in shares of Capstar Financial Holdings by 410.8% during the second quarter. New York State Common Retirement Fund now owns 9,200 shares of the bank’s stock worth $163,000 after purchasing an additional 7,399 shares in the last quarter. Huber Capital Management LLC acquired a new position in shares of Capstar Financial Holdings during the second quarter worth about $211,000. Schwab Charles Investment Management Inc. acquired a new position in shares of Capstar Financial Holdings during the second quarter worth about $268,000. Finally, California State Teachers Retirement System lifted its stake in shares of Capstar Financial Holdings by 146.8% during the second quarter. California State Teachers Retirement System now owns 15,300 shares of the bank’s stock worth $271,000 after purchasing an additional 9,100 shares in the last quarter. Institutional investors own 35.44% of the company’s stock.

Capstar Financial Holdings Company Profile

CapStar Financial Holdings, Inc is a bank holding company. The Company operates primarily through its subsidiary, CapStar Bank. CapStar Bank is a commercial bank. The Company’s lines of business include commercial and industrial, commercial real estate, healthcare, correspondent banking, personal and private banking and wealth management, and mortgage banking.

Analyst Recommendations for Capstar Financial Holdings (NASDAQ:CSTR)

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