First Capital (NASDAQ:FCAP) Coverage Initiated by Analysts at StockNews.com

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

First Capital Trading Up 1.6 %

Shares of FCAP stock opened at $32.49 on Thursday. The firm’s 50 day moving average is $32.99 and its 200 day moving average is $32.33. First Capital has a 12-month low of $26.03 and a 12-month high of $38.00. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 0.29. The stock has a market capitalization of $108.91 million, a P/E ratio of 9.20 and a beta of 0.58.

First Capital (NASDAQ:FCAP) last posted its quarterly earnings results on Friday, October 25th. The savings and loans company reported $0.87 earnings per share for the quarter. The business had revenue of $10.93 million during the quarter. First Capital had a net margin of 20.87% and a return on equity of 10.82%.

First Capital Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Stockholders of record on Friday, December 13th will be paid a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a dividend yield of 3.57%. The ex-dividend date is Friday, December 13th. First Capital’s dividend payout ratio (DPR) is currently 32.86%.

Institutional Trading of First Capital

Several institutional investors have recently modified their holdings of FCAP. Siena Capital Partners GP LLC lifted its position in shares of 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 buying an additional 15,277 shares during the period. Geode Capital Management LLC grew its stake in shares of First Capital by 4.4% during the third quarter. Geode Capital Management LLC now owns 35,687 shares of the savings and loans company’s stock valued at $1,248,000 after purchasing an additional 1,520 shares during the last quarter. Finally, Empowered Funds LLC raised its position in shares of First Capital by 5.0% during the third 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 during the last quarter. 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.