Capstar Financial Holdings Inc. (CSTR) Scheduled to Post Earnings on Monday

Capstar Financial Holdings Inc. (NASDAQ:CSTR) will release its earnings data after the market closes on Monday, October 16th. Analysts expect Capstar Financial Holdings to post earnings of $0.24 per share for the quarter.

Capstar Financial Holdings Inc. (NASDAQ CSTR) opened at 20.10 on Monday. Capstar Financial Holdings Inc. has a 52-week low of $15.90 and a 52-week high of $22.35. The firm has a market cap of $225.94 million and a price-to-earnings ratio of 113.56. The firm’s 50-day moving average is $18.61 and its 200-day moving average is $18.61.

A number of analysts have recently issued reports on the stock. Keefe, Bruyette & Woods restated a “hold” rating and set a $18.00 target price on shares of Capstar Financial Holdings in a research note on Tuesday, October 3rd. Zacks Investment Research upgraded shares of Capstar Financial Holdings from a “sell” rating to a “hold” rating in a research note on Monday, October 2nd. Sandler O’Neill cut shares of Capstar Financial Holdings from a “buy” rating to a “hold” rating and cut their target price for the stock from $21.00 to $19.00 in a research note on Tuesday, August 1st. ValuEngine cut shares of Capstar Financial Holdings from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Finally, Stephens set a $17.00 target price on shares of Capstar Financial Holdings and gave the stock a “hold” rating in a research note on Monday, August 14th. Seven equities research analysts have rated the stock with a hold rating, The stock currently has an average rating of “Hold” and a consensus target price of $18.80.

In other Capstar Financial Holdings news, insider Christopher G. Tietz acquired 2,000 shares of the company’s stock in a transaction on Wednesday, August 2nd. The stock was acquired at an average price of $17.00 per share, for a total transaction of $34,000.00. Following the purchase, the insider now directly owns 5,100 shares of the company’s stock, valued at $86,700. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Dale W. Polley acquired 3,000 shares of the company’s stock in a transaction on Tuesday, August 1st. The stock was acquired at an average price of $16.99 per share, with a total value of $50,970.00. Following the purchase, the director now directly owns 5,704 shares in the company, valued at $96,910.96. The disclosure for this purchase can be found here. Company insiders own 19.28% of the company’s stock.

A number of institutional investors have recently modified their holdings of the business. California State Teachers Retirement System raised its stake in Capstar Financial Holdings by 146.8% in the 2nd 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. State Street Corp raised its stake in Capstar Financial Holdings by 84.9% in the 2nd quarter. State Street Corp now owns 73,650 shares of the bank’s stock worth $1,308,000 after purchasing an additional 33,826 shares in the last quarter. Finally, Vanguard Group Inc. raised its stake in Capstar Financial Holdings by 26.3% in the 2nd quarter. Vanguard Group Inc. now owns 80,470 shares of the bank’s stock worth $1,428,000 after purchasing an additional 16,752 shares in the last quarter. Institutional investors and hedge funds own 35.44% of the company’s stock.

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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.

Earnings History for Capstar Financial Holdings (NASDAQ:CSTR)

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