First Capital (NASDAQ:FCAP) Research Coverage Started at StockNews.com

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

First Capital Stock Up 1.5 %

Shares of NASDAQ:FCAP opened at $31.32 on Friday. First Capital has a 1 year low of $26.03 and a 1 year high of $38.00. The company has a market cap of $104.92 million, a PE ratio of 8.87 and a beta of 0.57. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.70 and a quick ratio of 0.70. The stock’s 50-day moving average is $31.94 and its 200 day moving average is $32.64.

First Capital (NASDAQ:FCAP) last announced its quarterly earnings results on Friday, October 25th. The savings and loans company reported $0.87 earnings per share (EPS) for the quarter. First Capital had a return on equity of 10.82% and a net margin of 20.87%. The company had revenue of $10.93 million for the quarter.

First Capital Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, December 27th. Investors of record on Friday, December 13th were issued a dividend of $0.29 per share. The ex-dividend date was Friday, December 13th. This represents a $1.16 dividend on an annualized basis and a yield of 3.70%. First Capital’s dividend payout ratio is presently 32.86%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in FCAP. Empowered Funds LLC grew its holdings in shares of 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 worth $490,000 after acquiring an additional 670 shares during the period. Siena Capital Partners GP LLC grew its holdings in shares of 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 worth $3,602,000 after acquiring an additional 15,277 shares during the period. Finally, Geode Capital Management LLC grew its holdings in shares of 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 worth $1,248,000 after acquiring an additional 1,520 shares during the period. Hedge funds and other institutional investors 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.