First Capital (NASDAQ:FCAP) Share Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

First Capital, Inc. (NASDAQ:FCAP) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $33.47 and traded as high as $39.00. First Capital shares last traded at $38.46, with a volume of 5,288 shares changing hands.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on shares of First Capital in a research note on Saturday. They issued a “hold” rating on the stock.

First Capital Trading Down 0.2 %

The firm’s 50-day moving average is $33.70 and its 200 day moving average is $33.48. 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 firm has a market capitalization of $128.92 million, a price-to-earnings ratio of 10.77 and a beta of 0.52.

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

First Capital Dividend Announcement

The firm also recently announced 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 is Friday, March 14th. This represents a $1.16 annualized dividend and a yield of 3.02%. First Capital’s dividend payout ratio is presently 32.49%.

Institutional Investors Weigh In On First Capital

Several hedge funds have recently added to or reduced their stakes in FCAP. Raymond James Financial Inc. bought a new position in First Capital during the 4th quarter worth approximately $292,000. Empowered Funds LLC raised its holdings in First Capital by 4.8% during the 4th quarter. Empowered Funds LLC now owns 14,705 shares of the savings and loans company’s stock worth $469,000 after purchasing an additional 675 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in First Capital by 7.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 19,939 shares of the savings and loans company’s stock worth $636,000 after purchasing an additional 1,440 shares during the last quarter. Commonwealth Equity Services LLC raised its holdings 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 worth $688,000 after purchasing an additional 10,204 shares during the last quarter. Finally, Bridgeway Capital Management LLC raised its holdings in First Capital by 2.3% during the 4th quarter. Bridgeway Capital Management LLC now owns 29,740 shares of the savings and loans company’s stock worth $949,000 after purchasing an additional 675 shares during the last quarter. 11.65% of the stock is currently owned by institutional investors and hedge funds.

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.