StockNews.com Begins Coverage on First Capital (NASDAQ:FCAP)

Investment analysts at StockNews.com initiated coverage on shares of First Capital (NASDAQ:FCAP) in a research note issued on Saturday. The brokerage set a “hold” rating on the savings and loans company’s stock.

First Capital Stock Performance

FCAP stock opened at $38.46 on Friday. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.70 and a quick ratio of 0.70. The company has a 50 day moving average price of $33.70 and a 200 day moving average price of $33.50. First Capital has a fifty-two week low of $26.73 and a fifty-two week high of $39.40. The stock has a market capitalization of $128.92 million, a PE ratio of 10.77 and a beta of 0.52.

First Capital (NASDAQ:FCAP) last released its earnings results on Friday, January 24th. The savings and loans company reported $0.97 EPS for the quarter. First Capital had a net margin of 20.54% and a return on equity of 10.84%.

Institutional Trading of First Capital

A number of institutional investors have recently bought and sold shares of the business. Empowered Funds LLC grew 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 buying an additional 670 shares during the period. Siena Capital Partners GP LLC grew its holdings in shares of First Capital by 17.4% in the 3rd 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 buying an additional 15,277 shares during the period. Geode Capital Management LLC grew its holdings in shares of First Capital by 4.4% in the 3rd quarter. Geode Capital Management LLC now owns 35,687 shares of the savings and loans company’s stock valued at $1,248,000 after buying an additional 1,520 shares during the period. Raymond James Financial Inc. acquired a new position in shares of First Capital in the 4th quarter valued at $292,000. Finally, Commonwealth Equity Services LLC grew its holdings in shares of First Capital by 91.8% in the 4th quarter. Commonwealth Equity Services LLC now owns 21,319 shares of the savings and loans company’s stock valued at $688,000 after buying an additional 10,204 shares during the period. Institutional investors and hedge funds 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.