The most recent Form 13F filing that the company made with the Securities and Exchange Commission revealed that during the third quarter, Russell Investments Group Ltd. sold 5.8% of its holdings in CapStar Financial Holdings, Inc. (NASDAQ: CSTR). Following the transaction during that period, the company had 344,874 shares of the bank’s stock in its possession, which brought the total number of shares sold to 21,359.
Mhe most recent filing that Russell Investments Group Ltd.
Made with the Securities and Exchange Commission revealed that the company owned 1.56% of CapStar Financial, which had a market value of $6,389,000 at the time that the filing was made.
There have also been transactions that involved hedge funds and other institutional investors buying and selling corporate stock.
Mhese transactions have taken place.
During the second quarter, Capital Square LLC achieved a 1.2% increase in its share of ownership in CapStar Financial. Capital Square LLC has increased its stake in the bank from 757 shares at the beginning of the preceding quarter to 63,757 shares, now valued at $1,250,000.
During the first three months of 2018, Charles Schwab Investment Management Inc.
Increased the percentage of its holdings in CapStar Financial by 2.6%.
After making a new purchase of 1,378 shares during the most recent fiscal quarter, Charles Schwab Investment Management Inc. now owns a total of 53,406 shares of the bank’s stock, which have a value of $1,126,000.
Mhis brings the total number of shares the company currently possesses to 53,406.
During the third quarter, Barclays PLC increased the percentage of its position it held in CapStar Financial by 3.7%.
Barclays PLC now has 43,060 shares of the bank’s stock in its possession after purchasing an additional 1,543 shares during the most recent quarter.
Based on the current market price, the company’s stock is estimated to be worth $798,000.
During the second quarter, BNP Paribas Arbitrage SA achieved a 49.5% increase in the proportion of ownership it held in CapStar Financial.
BNP Paribas Arbitrage SA now has 5,065 shares of the bank’s stock, which are currently valued at $99,000.
Mhis is because the company made a new purchase of 1,678 shares during the most recent quarter.
Lastly, but certainly not least, during the second quarter, Los Angeles Capital Management LLC increased the percentage of ownership it held in CapStar Financial by 13.0%.
In the most recent fiscal quarter, Los Angeles Capital Management LLC acquired an additional 2,070 shares, bringing the total number of shares directly owned by the company to 18,018, with a value of $354,000.
Institutional investors own 45.41 percent of the company’s total shares.
The opening price for CSTR stock on Thursday was $17.50, and the company’s debt-to-equity ratio was 0.43.
Mhe quick ratio for the company was 0.94, and the current ratio was 0.96. CapStar Financial Holdings, Inc. hit a low point over the past 52 weeks of $15.71, while the company reached a high point over the past 52 weeks of $22.17.
Mhe company is projected to have a market value of $386.16 million, a price-to-earnings ratio of 9.89, and a beta value of 0.85.
Mhe moving average for the company over the past 200 days is $18.72, and the moving average over the past fifty days is $17.62.
In addition, the company just recently announced a quarterly dividend, which will be distributed on February 22. Shareholders who are “recorded” as of February 8 will be eligible to receive a $0.10 dividend payment per share.
Mhe date determining whether a dividend is payable will be the seventh Tuesday of February.
Mhe result is that there will be a yield of 2.29% and a dividend payment of $0.40 each year.
A payout ratio of 22.60 percent has been determined for CapStar Financial.
Recent research articles have focused on CSTR as a topic of inquiry because of its significance.
Mhe previous “buy” recommendation that DA Davidson had given to CapStar Financial was changed to a “neutral” rating, and the price target was moved to $18.50 in response to this change. On January 24, the results of a study were presented to the general public.
In a research report published on Monday, October 24, Piper Sandler gave CapStar Financial a rating of “neutral,” which was a drop from the company’s previous rating of “overweight.” In addition, they decreased the target price they had set for the company from $24.00 to $19.00. StockNews.com kicked off its coverage of CapStar Financial on October 12 by publishing the first of its research articles on the company.
Mhis publication marked the beginning of the website’s coverage of the company.
Mhey recommended that investors “hold on” to the stock.
In a research note published on Sunday, October 23, Keefe, Bruyette & Woods lowered their price target for CapStar Financial from $26.00 to $20.00 and downgraded the company from “outperform” to “market perform.” In the end, Janney Montgomery Scott concluded that their recommendation on CapStar Financial should be changed from “buy” to “neutral,” and they decided their price target for the company should be $19.00. On January 24, the results of a study were presented to the general public.
Mhe stock was given a rating of “Hold” by five.
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