First Capital (NASDAQ:FCAP) Coverage Initiated by Analysts at StockNews.com

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

First Capital Stock Down 2.0 %

Shares of NASDAQ FCAP opened at $32.70 on Friday. The firm’s fifty day moving average is $31.16 and its 200 day moving average is $29.67. First Capital has a 52 week low of $22.95 and a 52 week high of $33.39. The company has a quick ratio of 0.67, a current ratio of 0.68 and a debt-to-equity ratio of 0.31. The company has a market cap of $109.64 million, a price-to-earnings ratio of 9.16 and a beta of 0.63.

First Capital (NASDAQ:FCAP) last posted its earnings results on Friday, July 26th. The savings and loans company reported $0.85 earnings per share for the quarter. The company had revenue of $10.68 million during the quarter. First Capital had a net margin of 22.04% and a return on equity of 11.78%.

Insiders Place Their Bets

In other news, Director John Shireman purchased 1,000 shares of the company’s stock in a transaction that occurred on Friday, August 2nd. The shares were bought at an average cost of $31.93 per share, for a total transaction of $31,930.00. Following the completion of the transaction, the director now directly owns 1,000 shares of the company’s stock, valued at approximately $31,930. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 4.39% of the company’s stock.

Institutional Investors Weigh In On First Capital

A hedge fund recently raised its stake in First Capital stock. Empowered Funds LLC lifted its holdings in First Capital, Inc. (NASDAQ:FCAP) by 7.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,460 shares of the savings and loans company’s stock after purchasing an additional 875 shares during the quarter. Empowered Funds LLC owned 0.37% of First Capital worth $361,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors and hedge funds 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.