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

Analysts at StockNews.com initiated coverage on shares of First Capital (NASDAQ:FCAP – Get Rating) in a report issued on Wednesday. The brokerage set a “hold” rating on the savings and loans company’s stock.

First Capital Stock Up 2.4 %

NASDAQ FCAP opened at $25.40 on Wednesday. The company has a fifty day moving average of $24.43 and a two-hundred day moving average of $25.21. The firm has a market capitalization of $85.34 million, a price-to-earnings ratio of 6.46 and a beta of 0.22. First Capital has a 52 week low of $22.85 and a 52 week high of $35.50.

Institutional Trading of First Capital

A number of large investors have recently made changes to their positions in the stock. BlackRock Inc. boosted its stake in shares of First Capital by 8.2% during the first quarter. BlackRock Inc. now owns 9,571 shares of the savings and loans company’s stock valued at $245,000 after purchasing an additional 724 shares during the period. Bank of America Corp DE boosted its stake in shares of First Capital by 99.2% during the first quarter. Bank of America Corp DE now owns 1,452 shares of the savings and loans company’s stock valued at $37,000 after purchasing an additional 723 shares during the period. Siena Capital Partners GP LLC purchased a new stake in shares of First Capital during the first quarter valued at $291,000. BHZ Capital Management LP boosted its stake in shares of First Capital by 58.9% during the fourth quarter. BHZ Capital Management LP now owns 22,536 shares of the savings and loans company’s stock valued at $561,000 after purchasing an additional 8,356 shares during the period. Finally, Raymond James & Associates purchased a new stake in shares of First Capital during the fourth quarter valued at $227,000. 10.53% of the stock is owned by hedge funds and other institutional investors.

First Capital Company Profile

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First Capital, Inc operates as a bank holding company, which engages in the provision of commercial and business banking services. Its loan portfolio includes residential real estate, land, construction, commercial real estate and business, home equity and second mortgage, and other consumer loans. The company was founded on September 11, 1998 and is headquartered in Corydon, IN.