First Capital (NASDAQ:FCAP) Now Covered by StockNews.com

StockNews.com assumed coverage on shares of First Capital (NASDAQ:FCAP) in a research note published on Tuesday. The firm issued a hold rating on the savings and loans company’s stock.

First Capital Stock Up 0.5 %

FCAP opened at $33.37 on Tuesday. 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 stock has a market capitalization of $111.77 million, a price-to-earnings ratio of 9.35 and a beta of 0.56. The business has a 50-day moving average of $31.64 and a two-hundred day moving average of $32.79. First Capital has a 12 month low of $26.03 and a 12 month high of $38.00.

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

First Capital Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 27th. Investors of record on Friday, December 13th were given a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a yield of 3.48%. The ex-dividend date of this dividend was Friday, December 13th. First Capital’s dividend payout ratio (DPR) is presently 32.49%.

Hedge Funds Weigh In On First Capital

Several hedge funds and other institutional investors have recently bought and sold shares of FCAP. Empowered Funds LLC raised its position 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 purchasing an additional 670 shares in the last quarter. Geode Capital Management LLC raised its position 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 purchasing an additional 1,520 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of First Capital in the 4th quarter valued at approximately $292,000. Finally, Siena Capital Partners GP LLC raised its position 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 purchasing an additional 15,277 shares in the last quarter. 11.65% of the stock is owned by institutional investors and hedge funds.

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.