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

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

First Capital Trading Down 2.3 %

Shares of FCAP opened at $32.00 on Friday. The stock’s 50-day moving average price is $32.33 and its 200 day moving average price is $32.53. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 0.29. First Capital has a 12-month low of $26.03 and a 12-month high of $38.00. The firm has a market capitalization of $107.20 million, a price-to-earnings ratio of 9.07 and a beta of 0.58.

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

Institutional Investors Weigh In On First Capital

A number of hedge funds have recently made changes to their positions in the company. Empowered Funds LLC increased its holdings in shares of First Capital by 5.0% during the third quarter. Empowered Funds LLC now owns 14,030 shares of the savings and loans company’s stock worth $490,000 after buying an additional 670 shares in the last quarter. 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 valued at $1,248,000 after purchasing an additional 1,520 shares in the last quarter. Finally, Siena Capital Partners GP LLC raised its position in 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 purchasing an additional 15,277 shares during the last quarter. 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.