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

StockNews.com initiated coverage on shares of First Capital (NASDAQ:FCAP) in a research report released on Friday morning. The firm issued a hold rating on the savings and loans company’s stock.

First Capital Trading Up 0.8 %

Shares of First Capital stock opened at $37.05 on Friday. The firm has a 50-day simple moving average of $33.10 and a two-hundred day simple moving average of $33.24. The company has a market cap of $124.19 million, a P/E ratio of 10.38 and a beta of 0.56. First Capital has a fifty-two week low of $26.73 and a fifty-two week high of $38.00. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.70 and a current ratio of 0.70.

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

First Capital Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, March 14th will be given a dividend of $0.29 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $1.16 annualized dividend and a dividend yield of 3.13%. First Capital’s dividend payout ratio (DPR) is presently 32.49%.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. Empowered Funds LLC grew its stake in First Capital by 5.0% during the 3rd 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 in the last quarter. Siena Capital Partners GP LLC grew its stake 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 valued at $3,602,000 after acquiring an additional 15,277 shares in the last quarter. Geode Capital Management LLC grew its stake 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 valued at $1,248,000 after acquiring an additional 1,520 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in First Capital during the 4th quarter valued at about $292,000. Finally, Commonwealth Equity Services LLC grew its stake in First Capital by 91.8% during the 4th quarter. Commonwealth Equity Services LLC now owns 21,319 shares of the savings and loans company’s stock valued at $688,000 after acquiring an additional 10,204 shares in the last quarter. Institutional investors and hedge funds own 11.65% of the company’s stock.

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.