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

StockNews.com initiated coverage on shares of First Capital (NASDAQ:FCAP) in a report released on Wednesday morning. The firm issued a hold rating on the savings and loans company’s stock.

First Capital Trading Down 0.1 %

Shares of NASDAQ FCAP opened at $29.97 on Wednesday. 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 twelve month low of $26.03 and a twelve month high of $38.00. The company’s fifty day moving average is $33.20 and its 200-day moving average is $32.28. The stock has a market cap of $100.46 million, a price-to-earnings ratio of 8.49 and a beta of 0.58.

First Capital (NASDAQ:FCAP) last posted its 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 firm had revenue of $10.93 million during the quarter.

First Capital Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, December 27th. Shareholders of record on Friday, December 13th will be paid a $0.29 dividend. This represents a $1.16 annualized dividend and a dividend yield of 3.87%. The ex-dividend date of this dividend is Friday, December 13th. First Capital’s dividend payout ratio is 32.86%.

Institutional Investors Weigh In On First Capital

Several institutional investors have recently bought and sold shares of FCAP. Siena Capital Partners GP LLC lifted its position in 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 buying an additional 15,277 shares in the last quarter. Geode Capital Management LLC grew its stake in First Capital by 4.4% in the third quarter. Geode Capital Management LLC now owns 35,687 shares of the savings and loans company’s stock valued at $1,248,000 after purchasing an additional 1,520 shares in the last quarter. Finally, Empowered Funds LLC increased its position 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 purchasing an additional 670 shares during the last quarter. Institutional investors own 11.65% of the company’s stock.

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.