First Capital (NASDAQ:FCAP) Earns Hold Rating from Analysts at StockNews.com

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

First Capital Price Performance

Shares of NASDAQ FCAP opened at $40.61 on Thursday. The company has a market capitalization of $136.25 million, a PE ratio of 11.38 and a beta of 0.53. 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 twelve month low of $26.73 and a twelve month high of $40.75. The firm has a fifty day simple moving average of $37.66 and a 200 day simple moving average of $34.66.

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

First Capital Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Friday, March 14th were given a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a dividend yield of 2.86%. The ex-dividend date was Friday, March 14th. First Capital’s dividend payout ratio (DPR) is 32.49%.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Bridgeway Capital Management LLC grew its holdings in First Capital by 2.3% in the fourth quarter. Bridgeway Capital Management LLC now owns 29,740 shares of the savings and loans company’s stock worth $949,000 after purchasing an additional 675 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of First Capital by 7.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 19,939 shares of the savings and loans company’s stock worth $636,000 after purchasing an additional 1,440 shares in the last quarter. Fourthstone LLC acquired a new stake in shares of First Capital in the 4th quarter valued at about $1,824,000. Raymond James Financial Inc. bought a new stake in First Capital in the 4th quarter valued at about $292,000. Finally, Truffle Hound Capital LLC acquired a new position in First Capital during the 4th quarter worth approximately $1,193,000. 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.