First Capital (NASDAQ:FCAP) Coverage Initiated by Analysts at StockNews.com

StockNews.com started coverage on shares of First Capital (NASDAQ:FCAP) in a research report sent to investors on Saturday. The firm issued a hold rating on the savings and loans company’s stock.

First Capital Stock Performance

Shares of FCAP stock opened at $32.38 on Friday. First Capital has a 12-month low of $26.03 and a 12-month high of $38.00. The business’s fifty day simple moving average is $32.27 and its 200-day simple moving average is $32.60. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 0.29. The company has a market cap of $108.54 million, a PE ratio of 9.17 and a beta of 0.57.

First Capital (NASDAQ:FCAP) last announced its earnings results on Friday, October 25th. The savings and loans company reported $0.87 earnings per share (EPS) for the quarter. The company had revenue of $10.93 million for the quarter. First Capital had a return on equity of 10.82% and a net margin of 20.87%.

First Capital Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, December 27th. Investors of record on Friday, December 13th were paid a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a yield of 3.58%. The ex-dividend date was Friday, December 13th. First Capital’s dividend payout ratio (DPR) is presently 32.86%.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of FCAP. Empowered Funds LLC grew its holdings in shares of First Capital by 5.0% during the third quarter. Empowered Funds LLC now owns 14,030 shares of the savings and loans company’s stock valued at $490,000 after buying an additional 670 shares during the last quarter. Siena Capital Partners GP LLC raised its stake in First Capital by 17.4% in the 3rd quarter. Siena Capital Partners GP LLC now owns 103,032 shares of the savings and loans company’s stock worth $3,602,000 after acquiring an additional 15,277 shares during the last quarter. Finally, Geode Capital Management LLC lifted its position in First Capital by 4.4% during the 3rd quarter. Geode Capital Management LLC now owns 35,687 shares of the savings and loans company’s stock worth $1,248,000 after acquiring an additional 1,520 shares during the period. Institutional investors and hedge funds own 11.65% of the company’s stock.

About First Capital

First Capital, Inc operates as the bank holding company for First Harrison Bank that provides various banking services to individuals and business customers. The company offers various deposit instruments, including non-interest-bearing checking accounts, negotiable order of withdrawal accounts, money market accounts, regular savings accounts, certificates of deposit, and retirement savings plans.