Capstar Financial Holdings Inc. (CSTR) Shares Bought by Teachers Advisors LLC

Teachers Advisors LLC grew its holdings in shares of Capstar Financial Holdings Inc. (NASDAQ:CSTR) by 396.2% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 16,232 shares of the bank’s stock after buying an additional 12,961 shares during the period. Teachers Advisors LLC owned 0.14% of Capstar Financial Holdings worth $288,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Wells Fargo & Company MN purchased a new position in shares of Capstar Financial Holdings during the first quarter valued at approximately $135,000. Schwab Charles Investment Management Inc. purchased a new position in shares of Capstar Financial Holdings during the second quarter valued at approximately $268,000. Shayne & CO. LLC purchased a new position in shares of Capstar Financial Holdings during the second quarter valued at approximately $355,000. Bank of New York Mellon Corp purchased a new position in shares of Capstar Financial Holdings during the second quarter valued at approximately $380,000. Finally, Goldman Sachs Group Inc. purchased a new position in shares of Capstar Financial Holdings during the first quarter valued at approximately $529,000. 33.97% of the stock is currently owned by hedge funds and other institutional investors.

In other Capstar Financial Holdings news, Director Julie D. Frist sold 2,000 shares of the business’s stock in a transaction on Monday, November 6th. The stock was sold at an average price of $19.50, for a total value of $39,000.00. Following the sale, the director now directly owns 211,821 shares of the company’s stock, valued at $4,130,509.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, major shareholder Gaylon M. Jr. Lawrence bought 21,208 shares of the company’s stock in a transaction on Monday, October 16th. The stock was bought at an average cost of $20.38 per share, for a total transaction of $432,219.04. The disclosure for this purchase can be found here. 19.28% of the stock is owned by corporate insiders.

Shares of Capstar Financial Holdings Inc. (NASDAQ CSTR) opened at $20.33 on Friday. The firm has a market capitalization of $230.93, a price-to-earnings 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. The company has a quick ratio of 0.95, a current ratio of 1.00 and a debt-to-equity ratio of 0.66.

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

CSTR has been the topic of several research analyst reports. Zacks Investment Research cut Capstar Financial Holdings from a “buy” rating to a “sell” rating in a research note on Thursday, August 3rd. Stephens set a $17.00 price target on Capstar Financial Holdings and gave the stock a “hold” rating in a research note on Monday, August 14th. 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 note on Tuesday, August 1st. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $18.00 price target on shares of Capstar Financial Holdings in a research note on Tuesday, October 3rd. Finally, ValuEngine cut Capstar Financial Holdings from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. One research analyst has rated the stock with a sell rating and five have issued a hold rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $18.50.

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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.

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

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