Stifel Financial Corp Cuts Stock Holdings in First Capital, Inc. (NASDAQ:FCAP)

Stifel Financial Corp trimmed its holdings in shares of First Capital, Inc. (NASDAQ:FCAP) by 3.5% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 11,652 shares of the savings and loans company’s stock after selling 425 shares during the quarter. Stifel Financial Corp’s holdings in First Capital were worth $407,000 at the end of the most recent quarter.

Separately, Siena Capital Partners GP LLC grew its holdings in 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 valued at $3,602,000 after purchasing an additional 15,277 shares during the period. 11.65% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Separately, StockNews.com began coverage on First Capital in a research note on Thursday. They issued a “hold” rating for the company.

First Capital Price Performance

FCAP opened at $32.25 on Friday. The stock has a 50-day moving average price of $32.87 and a 200-day moving average price of $32.35. The stock has a market capitalization of $108.10 million, a P/E ratio of 9.14 and a beta of 0.58. First Capital, Inc. has a 12-month low of $26.03 and a 12-month high of $38.00. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 0.29.

First Capital (NASDAQ:FCAP) last issued its earnings results on Friday, October 25th. The savings and loans company reported $0.87 EPS for the quarter. The company had revenue of $10.93 million for the quarter. First Capital had a net margin of 20.87% and a return on equity of 10.82%.

First Capital Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 27th. Shareholders of record on Friday, December 13th were given a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a yield of 3.60%. The ex-dividend date was Friday, December 13th. First Capital’s dividend payout ratio (DPR) is 32.86%.

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.