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

Analysts at StockNews.com started coverage on shares of First Capital (NASDAQ:FCAP) in a research report issued on Thursday. The brokerage set a “hold” rating on the savings and loans company’s stock.

First Capital Stock Performance

FCAP opened at $35.76 on Thursday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.70 and a current ratio of 0.70. The company has a market cap of $119.78 million, a PE ratio of 10.02 and a beta of 0.56. The stock has a 50-day moving average of $32.35 and a 200-day moving average of $33.05. First Capital has a 52-week low of $26.73 and a 52-week high of $38.00.

First Capital (NASDAQ:FCAP) last posted 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 10.84% and a net margin of 20.54%.

Institutional Investors Weigh In On First Capital

Hedge funds have recently bought and sold shares of the company. Fourthstone LLC acquired a new position in shares of First Capital during the 4th quarter worth about $1,824,000. Truffle Hound Capital LLC acquired a new position in shares of First Capital during the fourth quarter worth approximately $1,193,000. Siena Capital Partners GP LLC lifted its holdings 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 buying an additional 15,277 shares during the last quarter. Commonwealth Equity Services LLC boosted its position in shares of First Capital by 91.8% in the fourth quarter. Commonwealth Equity Services LLC now owns 21,319 shares of the savings and loans company’s stock valued at $688,000 after acquiring an additional 10,204 shares during the period. Finally, Raymond James Financial Inc. acquired a new stake in shares of First Capital in the fourth quarter worth $292,000. 11.65% of the stock is currently owned by institutional investors.

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.