Russell Investments Group Ltd. raised its stake in shares of Capstar Financial Holdings Inc (NASDAQ:CSTR) by 22.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 47,405 shares of the bank’s stock after purchasing an additional 8,819 shares during the period. Russell Investments Group Ltd. owned 0.42% of Capstar Financial worth $928,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Northern Trust Corp raised its position in shares of Capstar Financial by 176.3% in the second quarter. Northern Trust Corp now owns 82,547 shares of the bank’s stock valued at $1,465,000 after buying an additional 52,673 shares during the last quarter. State Street Corp raised its position in shares of Capstar Financial by 84.9% in the second quarter. State Street Corp now owns 73,650 shares of the bank’s stock valued at $1,308,000 after buying an additional 33,826 shares during the last quarter. Bank of New York Mellon Corp acquired a new stake in shares of Capstar Financial in the second quarter valued at about $380,000. Stifel Financial Corp acquired a new stake in shares of Capstar Financial in the second quarter valued at about $364,000. Finally, TIAA CREF Investment Management LLC raised its position in shares of Capstar Financial by 763.6% in the second quarter. TIAA CREF Investment Management LLC now owns 22,946 shares of the bank’s stock valued at $407,000 after buying an additional 20,289 shares during the last quarter. 35.64% of the stock is currently owned by institutional investors and hedge funds.

In related news, major shareholder Corsair Capital Llc sold 117,439 shares of the firm’s stock in a transaction dated Wednesday, December 20th. The shares were sold at an average price of $21.82, for a total transaction of $2,562,518.98. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Julie D. Frist sold 2,000 shares of the firm’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 disclosure for this sale can be found here. Over the last 90 days, insiders have sold 123,439 shares of company stock valued at $2,682,699. 19.28% of the stock is owned by company insiders.

CSTR has been the subject of a number of recent research reports. Zacks Investment Research cut shares of Capstar Financial from a “buy” rating to a “hold” rating in a research report on Tuesday, December 26th. Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $18.00 target price on shares of Capstar Financial in a research report on Tuesday, October 3rd. Five analysts have rated the stock with a hold rating, The stock currently has an average rating of “Hold” and a consensus price target of $18.50.

Shares of Capstar Financial Holdings Inc (CSTR) opened at $20.77 on Friday. The company has a market cap of $242.40, a PE ratio of 59.34 and a beta of 1.64. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.00 and a quick ratio of 0.95. Capstar Financial Holdings Inc has a 12-month low of $16.00 and a 12-month high of $22.22.

Capstar Financial (NASDAQ:CSTR) last issued its earnings results on Monday, October 16th. The bank reported $0.35 EPS for the quarter, beating the Zacks’ consensus estimate of $0.23 by $0.12. The business had revenue of $14.22 million during the quarter, compared to analysts’ expectations of $13.56 million. Capstar Financial had a net margin of 7.05% and a return on equity of 9.27%. During the same period in the prior year, the business earned $0.20 earnings per share. sell-side analysts anticipate that Capstar Financial Holdings Inc will post 0.36 EPS for the current fiscal year.

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About Capstar Financial

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.

Institutional Ownership by Quarter for Capstar Financial (NASDAQ:CSTR)

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