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

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

First Capital Trading Down 1.4 %

Shares of FCAP opened at $27.61 on Friday. The stock’s fifty day simple moving average is $28.28 and its 200-day simple moving average is $27.34. The firm has a market capitalization of $92.49 million, a PE ratio of 7.21 and a beta of 0.62. First Capital has a 12-month low of $22.85 and a 12-month high of $37.90. The company has a quick ratio of 0.64, a current ratio of 0.64 and a debt-to-equity ratio of 0.20.

First Capital (NASDAQ:FCAP) last issued its quarterly earnings results on Tuesday, January 30th. The savings and loans company reported $0.93 EPS for the quarter. The company had revenue of $10.38 million during the quarter. First Capital had a net margin of 24.96% and a return on equity of 13.42%.

First Capital Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Friday, March 15th were paid a $0.27 dividend. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 3.91%. First Capital’s dividend payout ratio (DPR) is presently 28.20%.

Institutional Trading of First Capital

A number of large investors have recently bought and sold shares of the business. Vanguard Group Inc. grew its holdings in shares of First Capital by 0.9% during the fourth quarter. Vanguard Group Inc. now owns 104,081 shares of the savings and loans company’s stock worth $2,904,000 after buying an additional 957 shares in the last quarter. Millennium Management LLC raised its holdings in shares of First Capital by 7.7% in the second quarter. Millennium Management LLC now owns 41,914 shares of the savings and loans company’s stock valued at $1,135,000 after purchasing an additional 2,996 shares during the last quarter. Bridgeway Capital Management LLC raised its holdings in shares of First Capital by 3.7% in the fourth quarter. Bridgeway Capital Management LLC now owns 26,620 shares of the savings and loans company’s stock valued at $726,000 after purchasing an additional 960 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in shares of First Capital by 3.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 20,660 shares of the savings and loans company’s stock worth $564,000 after purchasing an additional 622 shares in the last quarter. Finally, BlackRock Inc. boosted its holdings in First Capital by 59.0% during the second quarter. BlackRock Inc. now owns 15,220 shares of the savings and loans company’s stock worth $469,000 after purchasing an additional 5,649 shares during the last quarter. 11.65% of the stock is owned by institutional investors.

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.