Capstar Financial Holdings Inc. (NASDAQ:CSTR) major shareholder Gaylon M. Jr. Lawrence purchased 21,208 shares of Capstar Financial Holdings stock in a transaction on Monday, October 16th. The stock was bought at an average cost of $20.38 per share, with a total value of $432,219.04. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Large shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Capstar Financial Holdings Inc. (NASDAQ:CSTR) traded up 1.88% during trading on Tuesday, hitting $21.12. The company had a trading volume of 42,186 shares. Capstar Financial Holdings Inc. has a one year low of $15.90 and a one year high of $22.35. The stock has a 50-day moving average of $18.87 and a 200-day moving average of $18.87. The stock has a market capitalization of $237.41 million and a PE ratio of 119.32.

Capstar Financial Holdings (NASDAQ:CSTR) last issued its earnings results on Monday, October 16th. The bank reported $0.35 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.23 by $0.12. Capstar Financial Holdings had a net margin of 3.40% and a return on equity of 7.70%. The business had revenue of $14.22 million during the quarter, compared to the consensus estimate of $13.56 million. During the same period last year, the business posted $0.20 EPS. On average, equities analysts anticipate that Capstar Financial Holdings Inc. will post $0.25 EPS for the current year.

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Large investors have recently modified their holdings of the stock. Wellington Management Group LLP lifted its stake in Capstar Financial Holdings by 1.0% in the 1st quarter. Wellington Management Group LLP now owns 183,206 shares of the bank’s stock valued at $3,494,000 after purchasing an additional 1,849 shares during the last quarter. Wells Fargo & Company MN acquired a new stake in Capstar Financial Holdings in the 1st quarter valued at about $135,000. Goldman Sachs Group Inc. acquired a new stake in Capstar Financial Holdings in the 1st quarter valued at about $529,000. Shayne & CO. LLC acquired a new stake in Capstar Financial Holdings in the 2nd quarter valued at about $355,000. Finally, Russell Investments Group Ltd. lifted its stake in Capstar Financial Holdings by 4.8% in the 1st quarter. Russell Investments Group Ltd. now owns 49,731 shares of the bank’s stock valued at $948,000 after purchasing an additional 2,268 shares during the last quarter. Institutional investors and hedge funds own 35.44% of the company’s stock.

A number of brokerages have weighed in on CSTR. ValuEngine cut Capstar Financial Holdings from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $18.00 price target on shares of Capstar Financial Holdings in a research report on Tuesday, October 3rd. Sandler O’Neill cut Capstar Financial Holdings from a “buy” rating to a “hold” rating and reduced their price target for the stock from $21.00 to $19.00 in a research report on Tuesday, August 1st. Stephens set a $17.00 price target on Capstar Financial Holdings and gave the stock a “hold” rating in a research report on Monday, August 14th. Finally, Zacks Investment Research raised Capstar Financial Holdings from a “sell” rating to a “hold” rating in a research report on Monday, October 2nd. One research analyst has rated the stock with a sell rating and six have issued a hold rating to the company’s stock. Capstar Financial Holdings currently has an average rating of “Hold” and a consensus price target of $18.50.

About Capstar Financial Holdings

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.

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