First Capital (NASDAQ:FCAP) Earns Hold Rating from Analysts at StockNews.com

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

First Capital Trading Down 0.5 %

Shares of First Capital stock opened at $32.50 on Friday. The stock has a market cap of $108.94 million, a P/E ratio of 9.21 and a beta of 0.63. 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 12-month low of $24.40 and a 12-month high of $38.00. The business’s 50 day moving average is $35.00 and its 200-day moving average is $32.16.

First Capital (NASDAQ:FCAP) last posted 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 net margin of 20.87% and a return on equity of 10.82%. The firm had revenue of $10.93 million for the quarter.

First Capital Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 27th. Investors of record on Friday, December 13th will be paid a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a yield of 3.57%. The ex-dividend date of this dividend is Friday, December 13th. First Capital’s dividend payout ratio (DPR) is presently 32.86%.

Hedge Funds Weigh In On First Capital

Large investors have recently modified their holdings of the stock. Thurston Springer Miller Herd & Titak Inc. bought a new position in First Capital in the 2nd quarter valued at about $34,000. Empowered Funds LLC increased its stake in shares of First Capital by 5.0% during the third quarter. Empowered Funds LLC now owns 14,030 shares of the savings and loans company’s stock worth $490,000 after purchasing an additional 670 shares during the period. Siena Capital Partners GP LLC increased its stake in shares of First Capital by 17.4% during the third 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 period. Finally, Geode Capital Management LLC lifted its holdings in 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 purchasing an additional 1,520 shares during the last quarter. 11.65% of the stock is owned by institutional investors.

About First Capital

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.