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

Equities researchers at StockNews.com began coverage on shares of First Capital (NASDAQ:FCAPGet Rating) in a note issued to investors on Monday. The firm set a “hold” rating on the savings and loans company’s stock.

First Capital Price Performance

First Capital stock opened at $24.20 on Monday. First Capital has a 1-year low of $23.44 and a 1-year high of $42.94. The firm has a market capitalization of $81.60 million, a P/E ratio of 7.27 and a beta of 0.22. The company’s 50-day moving average is $25.47 and its 200 day moving average is $28.60.

Hedge Funds Weigh In On First Capital

A number of hedge funds and other institutional investors have recently modified their holdings of FCAP. State Street Corp boosted its stake in shares of First Capital by 10.6% during the first quarter. State Street Corp now owns 9,576 shares of the savings and loans company’s stock valued at $370,000 after purchasing an additional 920 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of First Capital by 3.5% during the third quarter. Dimensional Fund Advisors LP now owns 19,933 shares of the savings and loans company’s stock valued at $512,000 after purchasing an additional 683 shares in the last quarter. Finally, Millennium Management LLC boosted its stake in shares of First Capital by 7.7% during the second quarter. Millennium Management LLC now owns 41,914 shares of the savings and loans company’s stock valued at $1,135,000 after purchasing an additional 2,996 shares in the last quarter. 10.36% of the stock is currently owned by institutional investors.

About First Capital

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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.

Further Reading

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