Capstar Financial Holdings Inc. (NASDAQ:CSTR) Director Julie D. Frist Sells 2,000 Shares

Capstar Financial Holdings Inc. (NASDAQ:CSTR) Director Julie D. Frist sold 2,000 shares of the business’s stock in a transaction that occurred on Monday, November 6th. The stock was sold at an average price of $19.50, for a total transaction of $39,000.00. Following the completion of the sale, the director now owns 211,821 shares in the company, valued at $4,130,509.50. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Capstar Financial Holdings Inc. (CSTR) traded up $0.04 during mid-day trading on Friday, reaching $20.33. 16,290 shares of the company’s stock traded hands, compared to its average volume of 28,501. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.00 and a quick ratio of 0.95. The company has a market capitalization of $230.93, a P/E ratio of 19.93 and a beta of 1.41. Capstar Financial Holdings Inc. has a 12 month low of $16.00 and a 12 month high of $22.35.

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

ILLEGAL ACTIVITY WARNING: This story was first published by TrueBlueTribune and is the property of of TrueBlueTribune. If you are accessing this story on another website, it was copied illegally and republished in violation of US & international copyright laws. The original version of this story can be read at https://www.truebluetribune.com/2017/11/19/julie-d-frist-sells-2000-shares-of-capstar-financial-holdings-inc-cstr-stock.html.

Several research analysts have recently weighed in on CSTR shares. Sandler O’Neill downgraded shares of Capstar Financial Holdings from a “buy” rating to a “hold” rating and dropped their target price for the stock from $21.00 to $19.00 in a research report on Tuesday, August 1st. Zacks Investment Research downgraded shares of Capstar Financial Holdings from a “buy” rating to a “sell” rating in a research report on Thursday, August 3rd. Stephens set a $17.00 price objective on shares of Capstar Financial Holdings and gave the company a “hold” rating in a research report on Monday, August 14th. ValuEngine downgraded shares of Capstar Financial Holdings from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $18.00 price objective on shares of Capstar Financial Holdings in a research report on Tuesday, October 3rd. One research analyst has rated the stock with a sell rating and five have assigned a hold rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $18.50.

Several institutional investors have recently modified their holdings of CSTR. SG Americas Securities LLC acquired a new stake in shares of Capstar Financial Holdings in the third quarter worth $120,000. Wells Fargo & Company MN acquired a new position in Capstar Financial Holdings during the 1st quarter valued at $135,000. New York State Common Retirement Fund raised its stake in Capstar Financial Holdings by 410.8% during the 2nd quarter. New York State Common Retirement Fund now owns 9,200 shares of the bank’s stock valued at $163,000 after purchasing an additional 7,399 shares during the last quarter. Huber Capital Management LLC acquired a new position in Capstar Financial Holdings during the 2nd quarter valued at $211,000. Finally, Schwab Charles Investment Management Inc. acquired a new position in Capstar Financial Holdings during the 2nd quarter valued at $268,000. Institutional investors and hedge funds own 33.97% 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.

Receive News & Ratings for Capstar Financial Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capstar Financial Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply