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

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

First Capital Price Performance

NASDAQ FCAP opened at $38.46 on Friday. The stock has a market capitalization of $128.92 million, a P/E ratio of 10.77 and a beta of 0.52. First Capital has a 1 year low of $26.73 and a 1 year high of $39.40. The business’s fifty day moving average is $33.70 and its two-hundred day moving average is $33.48. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.70 and a current ratio of 0.70.

First Capital (NASDAQ:FCAP) last posted its quarterly 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 Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be given a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a yield of 3.02%. The ex-dividend date is Friday, March 14th. First Capital’s payout ratio is 32.49%.

Hedge Funds Weigh In On First Capital

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Siena Capital Partners GP LLC grew its position in First Capital by 17.4% during 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 purchasing an additional 15,277 shares in the last quarter. Fourthstone LLC purchased a new position in First Capital during the 4th quarter worth approximately $1,824,000. Truffle Hound Capital LLC purchased a new position in First Capital during the 4th quarter worth approximately $1,193,000. Geode Capital Management LLC grew its position 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 worth $1,248,000 after purchasing an additional 1,520 shares in the last quarter. Finally, Bridgeway Capital Management LLC grew its position in First Capital by 2.3% during the 4th 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 in the last quarter. 11.65% of the stock is currently owned by hedge funds and other 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.