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

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

First Capital Stock Performance

NASDAQ:FCAP opened at $32.25 on Monday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.70 and a current ratio of 0.70. The firm’s 50-day moving average is $31.73 and its 200-day moving average is $32.72. First Capital has a 52-week low of $26.03 and a 52-week high of $38.00. The company has a market cap of $108.04 million, a price-to-earnings ratio of 9.14 and a beta of 0.57.

First Capital (NASDAQ:FCAP) last announced its quarterly earnings data on Friday, January 24th. The savings and loans company reported $0.97 EPS for the quarter. First Capital had a return on equity of 10.82% and a net margin of 20.87%.

Hedge Funds Weigh In On First Capital

A number of hedge funds have recently modified their holdings of the stock. Empowered Funds LLC grew its position in First Capital by 4.8% in the fourth quarter. Empowered Funds LLC now owns 14,705 shares of the savings and loans company’s stock valued at $469,000 after acquiring an additional 675 shares during the period. Geode Capital Management LLC grew its holdings in shares of First Capital by 4.4% in 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 purchasing an additional 1,520 shares during the last quarter. Finally, Siena Capital Partners GP LLC grew its holdings in shares of First Capital by 17.4% in 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 purchasing an additional 15,277 shares during the last quarter. 11.65% of the stock is 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.