StockNews.com Initiates Coverage on First Capital (NASDAQ:FCAP)

Equities research analysts at StockNews.com initiated coverage on shares of First Capital (NASDAQ:FCAP) in a research report issued to clients and investors on Saturday. The brokerage set a “hold” rating on the savings and loans company’s stock.

First Capital Stock Performance

NASDAQ FCAP opened at $34.10 on Friday. The business has a 50 day moving average price of $34.92 and a 200 day moving average price of $31.90. The company has a market capitalization of $114.24 million, a P/E ratio of 9.66 and a beta of 0.63. First Capital has a 1-year low of $24.40 and a 1-year high of $38.00. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.68 and a quick ratio of 0.67.

First Capital (NASDAQ:FCAP) last announced 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 return on equity of 11.08% and a net margin of 20.87%.

Institutional Trading of First Capital

Several large investors have recently modified their holdings of FCAP. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in First Capital in the 2nd quarter valued at approximately $34,000. Empowered Funds LLC raised its holdings in shares of First Capital by 7.6% in the first quarter. Empowered Funds LLC now owns 12,460 shares of the savings and loans company’s stock worth $361,000 after acquiring an additional 875 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of First Capital by 4.4% in 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 acquiring an additional 1,520 shares in the last quarter. Finally, Siena Capital Partners GP LLC lifted its position in shares of First Capital by 17.4% in the third quarter. Siena Capital Partners GP LLC now owns 103,032 shares of the savings and loans company’s stock valued at $3,602,000 after acquiring an additional 15,277 shares in the last quarter. 11.65% of the stock is currently owned by institutional investors and hedge funds.

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.