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

Investment analysts at StockNews.com started coverage on shares of First Capital (NASDAQ:FCAP) in a research report issued on Tuesday. The firm set a “hold” rating on the savings and loans company’s stock.

First Capital Price Performance

Shares of FCAP stock opened at $30.50 on Tuesday. The company has a market capitalization of $102.18 million, a P/E ratio of 8.64 and a beta of 0.58. The company’s 50-day simple moving average is $34.28 and its two-hundred day simple moving average is $32.30. First Capital has a one year low of $24.40 and a one year high of $38.00. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.70 and a quick ratio of 0.70.

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Empowered Funds LLC boosted its position in 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 valued at $490,000 after purchasing an additional 670 shares in the last quarter. Siena Capital Partners GP LLC raised its holdings in 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 worth $3,602,000 after purchasing an additional 15,277 shares in the last quarter. Finally, Geode Capital Management LLC lifted its position 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 buying an additional 1,520 shares during the last quarter. 11.65% of the stock is currently owned by hedge funds and other institutional investors.

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.