BlackRock Inc. boosted its stake in CapStar Financial Holdings (NASDAQ:CSTR) by 1.0% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 388,842 shares of the bank’s stock after buying an additional 3,682 shares during the period. BlackRock Inc. owned 3.36% of CapStar Financial worth $8,077,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in CSTR. Vanguard Group Inc. boosted its position in shares of CapStar Financial by 26.3% during the 2nd quarter. Vanguard Group Inc. now owns 80,470 shares of the bank’s stock valued at $1,428,000 after purchasing an additional 16,752 shares in the last quarter. State Street Corp boosted its position in shares of CapStar Financial by 84.9% during the 2nd quarter. State Street Corp now owns 73,650 shares of the bank’s stock valued at $1,308,000 after purchasing an additional 33,826 shares in the last quarter. Russell Investments Group Ltd. boosted its position in shares of CapStar Financial by 22.9% during the 3rd quarter. Russell Investments Group Ltd. now owns 47,405 shares of the bank’s stock valued at $928,000 after purchasing an additional 8,819 shares in the last quarter. Stifel Financial Corp boosted its position in shares of CapStar Financial by 38.7% during the 3rd quarter. Stifel Financial Corp now owns 28,372 shares of the bank’s stock valued at $554,000 after purchasing an additional 7,911 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its position in shares of CapStar Financial by 23.0% during the 3rd quarter. Bank of New York Mellon Corp now owns 26,371 shares of the bank’s stock valued at $516,000 after purchasing an additional 4,933 shares in the last quarter. Hedge funds and other institutional investors own 35.14% of the company’s stock.

CSTR stock opened at $18.61 on Friday. The company has a quick ratio of 0.91, a current ratio of 0.98 and a debt-to-equity ratio of 0.48. CapStar Financial Holdings has a one year low of $16.00 and a one year high of $22.22. The stock has a market cap of $221.85, a price-to-earnings ratio of 46.53 and a beta of 0.57.

CapStar Financial (NASDAQ:CSTR) last posted its quarterly earnings data on Friday, April 27th. The bank reported $0.25 EPS for the quarter, beating analysts’ consensus estimates of $0.23 by $0.02. CapStar Financial had a net margin of 2.40% and a return on equity of 9.66%. The company had revenue of $13.94 million during the quarter, compared to analyst estimates of $13.37 million. sell-side analysts predict that CapStar Financial Holdings will post 1.1 EPS for the current year.

Several equities analysts have recently weighed in on the stock. Zacks Investment Research lowered shares of CapStar Financial from a “hold” rating to a “sell” rating in a research report on Friday. Stephens lowered shares of CapStar Financial from an “equal weight” rating to an “underweight” rating and set a $18.00 price objective for the company. in a research report on Tuesday, January 23rd. ValuEngine lowered shares of CapStar Financial from a “hold” rating to a “sell” rating in a research report on Monday, April 2nd. Finally, Sandler O’Neill set a $20.00 price objective on shares of CapStar Financial and gave the company a “hold” rating in a research note on Wednesday, March 28th. Two analysts have rated the stock with a sell rating and three have issued a hold rating to the company. The company has an average rating of “Hold” and a consensus target price of $19.75.

About CapStar Financial

CapStar Financial Holdings, Inc operates as the holding company for CapStar Bank that provides commercial banking services to consumer and corporate customers located primarily in Davidson, Sumner, Williamson, and the surrounding counties in Tennessee, the United States. It offers a range of deposit products and services, including demand deposits, interest-bearing transaction accounts, money market accounts, time and savings deposits, certificates of deposit, and CDARS reciprocal products.

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

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