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

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

First Capital Stock Performance

Shares of First Capital stock opened at $27.61 on Friday. First Capital has a 1 year low of $22.85 and a 1 year high of $37.90. The firm’s 50-day moving average is $28.28 and its 200 day moving average is $27.34. The stock has a market cap of $92.49 million, a price-to-earnings ratio of 7.21 and a beta of 0.62. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.64 and a quick ratio of 0.64.

First Capital (NASDAQ:FCAP) last announced its quarterly earnings data on Tuesday, January 30th. The savings and loans company reported $0.93 earnings per share for the quarter. The company had revenue of $10.38 million during the quarter. First Capital had a net margin of 24.96% and a return on equity of 13.42%.

First Capital Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 15th were issued a $0.27 dividend. This represents a $1.08 annualized dividend and a dividend yield of 3.91%. The ex-dividend date of this dividend was Thursday, March 14th. First Capital’s payout ratio is currently 28.20%.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of FCAP. Vanguard Group Inc. increased its position in shares of First Capital by 0.9% during the 4th quarter. Vanguard Group Inc. now owns 104,081 shares of the savings and loans company’s stock valued at $2,904,000 after purchasing an additional 957 shares during the last quarter. Bridgeway Capital Management LLC grew its position in First Capital by 3.7% during the fourth quarter. Bridgeway Capital Management LLC now owns 26,620 shares of the savings and loans company’s stock valued at $726,000 after buying an additional 960 shares during the period. Dimensional Fund Advisors LP increased its holdings in First Capital by 3.1% during the fourth quarter. Dimensional Fund Advisors LP now owns 20,660 shares of the savings and loans company’s stock valued at $564,000 after buying an additional 622 shares during the last quarter. BlackRock Inc. raised its position in First Capital by 59.0% in the second quarter. BlackRock Inc. now owns 15,220 shares of the savings and loans company’s stock worth $469,000 after acquiring an additional 5,649 shares during the period. Finally, Bank of America Corp DE boosted its stake in shares of First Capital by 99.2% during the 1st quarter. Bank of America Corp DE now owns 1,452 shares of the savings and loans company’s stock worth $37,000 after acquiring an additional 723 shares during the last quarter. 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.