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 note issued to investors on Tuesday morning. The firm issued a hold rating on the savings and loans company’s stock.

First Capital Trading Up 1.7 %

NASDAQ FCAP opened at $32.56 on Tuesday. First Capital has a 52-week low of $26.03 and a 52-week high of $38.00. The firm has a 50-day moving average price of $31.60 and a 200 day moving average price of $32.77. The stock has a market capitalization of $109.06 million, a P/E ratio of 9.12 and a beta of 0.56. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 0.29.

First Capital (NASDAQ:FCAP) last posted its quarterly earnings results on Friday, January 24th. The savings and loans company reported $0.97 EPS for the quarter. First Capital had a return on equity of 10.84% and a net margin of 20.54%.

First Capital Dividend Announcement

The business also recently disclosed 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 annualized dividend and a dividend yield of 3.56%. The ex-dividend date was Friday, December 13th. First Capital’s dividend payout ratio (DPR) is 32.49%.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Empowered Funds LLC grew its holdings in shares of First Capital by 5.0% in the 3rd quarter. Empowered Funds LLC now owns 14,030 shares of the savings and loans company’s stock worth $490,000 after acquiring an additional 670 shares during the period. Geode Capital Management LLC grew 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 last quarter. Finally, Siena Capital Partners GP LLC increased its position in shares of First Capital by 17.4% in the third quarter. Siena Capital Partners GP LLC now owns 103,032 shares of the savings and loans company’s stock valued at $3,602,000 after buying an additional 15,277 shares in the last quarter. 11.65% of the stock is owned by hedge funds and other institutional investors.

First Capital Company Profile

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.