StockNews.com Begins Coverage on First Capital (NASDAQ:FCAP)

Equities research analysts at StockNews.com began coverage on shares of First Capital (NASDAQ:FCAP) in a research report issued on Sunday. The firm set a “hold” rating on the savings and loans company’s stock.

First Capital Trading Down 1.7 %

Shares of First Capital stock opened at $31.38 on Friday. The firm’s 50 day moving average is $32.01 and its 200 day moving average is $32.63. The firm has a market capitalization of $105.12 million, a PE ratio of 8.89 and a beta of 0.57. First Capital has a 1 year low of $26.03 and a 1 year high of $38.00. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 0.29.

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

Institutional Investors Weigh In On First Capital

A number of institutional investors have recently added to or reduced their stakes in FCAP. Empowered Funds LLC raised its stake 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 acquiring an additional 670 shares during the last quarter. Geode Capital Management LLC increased its holdings in First Capital by 4.4% in the third quarter. Geode Capital Management LLC now owns 35,687 shares of the savings and loans company’s stock valued at $1,248,000 after purchasing an additional 1,520 shares during the period. Finally, Siena Capital Partners GP LLC raised its position in First Capital by 17.4% during 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 purchasing an additional 15,277 shares during the last quarter. 11.65% of the stock is owned by institutional investors.

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.