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

StockNews.com began coverage on shares of First Capital (NASDAQ:FCAP) in a report issued on Friday morning. The brokerage issued a hold rating on the savings and loans company’s stock.

First Capital Stock Performance

Shares of FCAP opened at $32.49 on Friday. First Capital has a 52-week low of $26.03 and a 52-week high of $38.00. The stock’s 50-day simple moving average is $32.70 and its 200 day simple moving average is $32.45. 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 stock has a market capitalization of $108.91 million, a price-to-earnings ratio of 9.20 and a beta of 0.57.

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

First Capital Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 27th. Investors of record on Friday, December 13th were given a $0.29 dividend. The ex-dividend date was Friday, December 13th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 3.57%. First Capital’s dividend payout ratio (DPR) is presently 32.86%.

Hedge Funds Weigh In On First Capital

A number of institutional investors have recently added to or reduced their stakes in the business. Empowered Funds LLC raised its stake in First Capital by 5.0% in the third quarter. Empowered Funds LLC now owns 14,030 shares of the savings and loans company’s stock valued at $490,000 after purchasing an additional 670 shares in the last quarter. Geode Capital Management LLC grew its stake in 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 worth $1,248,000 after buying an additional 1,520 shares in the last quarter. Finally, Siena Capital Partners GP LLC increased 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 worth $3,602,000 after buying an additional 15,277 shares during the last quarter. 11.65% of the stock is currently 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.