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

Investment analysts at StockNews.com assumed coverage on shares of First Capital (NASDAQ:FCAP) in a research note issued to investors on Sunday. The brokerage set a “hold” rating on the savings and loans company’s stock.

First Capital Price Performance

Shares of NASDAQ FCAP opened at $38.21 on Friday. The company has a market capitalization of $128.08 million, a PE ratio of 10.70 and a beta of 0.52. 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 has a twelve month low of $26.73 and a twelve month high of $39.40. The firm has a fifty day simple moving average of $34.37 and a 200 day simple moving average of $33.76.

First Capital (NASDAQ:FCAP) last issued 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 return on equity of 10.84% and a net margin of 20.54%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of FCAP. Raymond James Financial Inc. acquired a new position in shares of First Capital during the fourth quarter valued at about $292,000. Empowered Funds LLC increased its position in First Capital by 4.8% in the 4th quarter. Empowered Funds LLC now owns 14,705 shares of the savings and loans company’s stock valued at $469,000 after buying an additional 675 shares in the last quarter. Dimensional Fund Advisors LP raised its stake 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 buying an additional 1,440 shares during the period. Commonwealth Equity Services LLC raised 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 worth $688,000 after buying an additional 10,204 shares during the period. Finally, Bridgeway Capital Management LLC boosted its holdings in First Capital by 2.3% in the fourth quarter. Bridgeway Capital Management LLC now owns 29,740 shares of the savings and loans company’s stock worth $949,000 after acquiring an additional 675 shares in the last quarter. 11.65% of the stock is owned by 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.