First Capital (NASDAQ:FCAP) Research Coverage Started at StockNews.com

StockNews.com initiated coverage on shares of First Capital (NASDAQ:FCAP) in a research report sent to investors on Monday. The firm issued a hold rating on the savings and loans company’s stock.

First Capital Price Performance

Shares of NASDAQ:FCAP opened at $37.87 on Monday. The business has a fifty day simple moving average of $35.19 and a 200-day simple moving average of $34.06. First Capital has a 52 week low of $26.73 and a 52 week high of $39.40. The company has a market cap of $126.94 million, a P/E ratio of 10.61 and a beta of 0.52. 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 (NASDAQ:FCAP) last posted its quarterly earnings results on Friday, January 24th. The savings and loans company reported $0.97 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 company also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, March 14th will be issued a $0.29 dividend. The ex-dividend date is Friday, March 14th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 3.06%. First Capital’s dividend payout ratio (DPR) is 32.49%.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Raymond James Financial Inc. acquired a new position in shares of First Capital during the 4th quarter valued at $292,000. Empowered Funds LLC lifted its position in First Capital by 5.0% during the 3rd quarter. Empowered Funds LLC now owns 14,030 shares of the savings and loans company’s stock worth $490,000 after acquiring an additional 670 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in First Capital by 7.8% in the 4th quarter. Dimensional Fund Advisors LP now owns 19,939 shares of the savings and loans company’s stock worth $636,000 after acquiring an additional 1,440 shares during the period. Commonwealth Equity Services LLC raised its stake in shares of First Capital by 91.8% during the fourth quarter. Commonwealth Equity Services LLC now owns 21,319 shares of the savings and loans company’s stock valued at $688,000 after purchasing an additional 10,204 shares during the period. Finally, Bridgeway Capital Management LLC boosted its stake in shares of 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 valued at $949,000 after purchasing an additional 675 shares during the period. Hedge funds and other institutional investors 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.