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

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

First Capital Stock Up 2.4 %

Shares of NASDAQ FCAP opened at $32.25 on Monday. First Capital has a 52-week low of $26.03 and a 52-week high of $38.00. The firm has a market capitalization of $108.10 million, a price-to-earnings ratio of 9.14 and a beta of 0.57. The stock has a 50 day moving average price of $31.75 and a 200 day moving average price of $32.70. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.70 and a current ratio of 0.70.

First Capital (NASDAQ:FCAP) last issued its earnings results on Friday, January 24th. The savings and loans company reported $0.97 earnings per share for the quarter. First Capital had a return on equity of 10.82% and a net margin of 20.87%.

First Capital Dividend Announcement

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 dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a yield of 3.60%. The ex-dividend date of this dividend was Friday, December 13th. First Capital’s dividend payout ratio (DPR) is 32.49%.

Hedge Funds Weigh In On First Capital

A number of large investors have recently bought and sold shares of the business. Empowered Funds LLC increased its holdings in shares of First Capital by 5.0% in the 3rd quarter. Empowered Funds LLC now owns 14,030 shares of the savings and loans company’s stock valued at $490,000 after acquiring an additional 670 shares during the period. 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 during the last quarter. Finally, Siena Capital Partners GP LLC raised its holdings in First Capital by 17.4% in 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 in 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.