First Capital (NASDAQ:FCAP) Now Covered by StockNews.com

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

First Capital Trading Up 10.0 %

First Capital stock opened at $38.00 on Friday. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.67 and a current ratio of 0.68. The business’s 50-day simple moving average is $31.66 and its 200-day simple moving average is $29.97. The firm has a market capitalization of $127.41 million, a PE ratio of 10.64 and a beta of 0.63. First Capital has a 52 week low of $22.95 and a 52 week high of $38.00.

First Capital (NASDAQ:FCAP) last issued its quarterly earnings results on Friday, July 26th. The savings and loans company reported $0.85 earnings per share (EPS) for the quarter. First Capital had a return on equity of 11.78% and a net margin of 22.04%. The firm had revenue of $10.68 million for the quarter.

Insider Activity at First Capital

In other news, Director John Shireman purchased 1,000 shares of the stock in a transaction that occurred on Friday, August 2nd. The shares were purchased at an average cost of $31.93 per share, for a total transaction of $31,930.00. Following the completion of the purchase, the director now directly owns 1,000 shares of the company’s stock, valued at approximately $31,930. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 4.39% of the company’s stock.

Institutional Investors Weigh In On First Capital

A hedge fund recently raised its stake in First Capital stock. Empowered Funds LLC raised its stake in shares of First Capital, Inc. (NASDAQ:FCAP) by 7.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 12,460 shares of the savings and loans company’s stock after purchasing an additional 875 shares during the quarter. Empowered Funds LLC owned 0.37% of First Capital worth $361,000 as of its most recent filing with the Securities and Exchange Commission. 11.65% of the stock is owned by institutional investors and hedge funds.

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.