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

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

First Capital Stock Performance

Shares of FCAP stock opened at $34.10 on Friday. The company has a current ratio of 0.68, a quick ratio of 0.67 and a debt-to-equity ratio of 0.31. The company has a market cap of $114.24 million, a PE ratio of 9.66 and a beta of 0.63. The company’s fifty day simple moving average is $34.92 and its 200-day simple moving average is $31.90. First Capital has a 52 week low of $24.40 and a 52 week high of $38.00.

First Capital (NASDAQ:FCAP) last released its quarterly earnings data on Friday, October 25th. The savings and loans company reported $0.87 EPS for the quarter. First Capital had a return on equity of 11.08% and a net margin of 20.87%. The company had revenue of $10.93 million for the quarter.

Institutional Trading of First Capital

A number of hedge funds have recently made changes to their positions in FCAP. Empowered Funds LLC grew its stake in shares of First Capital by 7.6% during the first quarter. Empowered Funds LLC now owns 12,460 shares of the savings and loans company’s stock valued at $361,000 after acquiring an additional 875 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new position in First Capital in the second quarter valued at about $34,000. Siena Capital Partners GP LLC grew its stake 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 valued at $3,602,000 after purchasing an additional 15,277 shares in the last quarter. Finally, Geode Capital Management LLC increased its holdings in First Capital by 4.4% during the 3rd quarter. Geode Capital Management LLC now owns 35,687 shares of the savings and loans company’s stock worth $1,248,000 after purchasing an additional 1,520 shares during the last quarter. Hedge funds and other 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.