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

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

First Capital Stock Performance

NASDAQ FCAP opened at $35.42 on Thursday. The stock has a market cap of $118.64 million, a PE ratio of 9.92 and a beta of 0.56. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 0.29. First Capital has a twelve month low of $26.73 and a twelve month high of $38.00. The stock has a fifty day simple moving average of $32.15 and a 200-day simple moving average of $33.01.

First Capital (NASDAQ:FCAP) last released its quarterly earnings results on Friday, January 24th. The savings and loans company reported $0.97 earnings per share for the quarter. First Capital had a return on equity of 10.84% and a net margin of 20.54%.

Hedge Funds Weigh In On First Capital

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Bridgeway Capital Management LLC boosted its holdings in First Capital by 2.3% during the 4th quarter. Bridgeway Capital Management LLC now owns 29,740 shares of the savings and loans company’s stock valued at $949,000 after acquiring an additional 675 shares during the period. Dimensional Fund Advisors LP boosted its stake in shares of First Capital by 7.8% in the 4th quarter. Dimensional Fund Advisors LP now owns 19,939 shares of the savings and loans company’s stock valued at $636,000 after buying an additional 1,440 shares during the period. Fourthstone LLC purchased a new position in shares of First Capital in the 4th quarter valued at about $1,824,000. Raymond James Financial Inc. purchased a new position in shares of First Capital in the 4th quarter valued at about $292,000. Finally, Truffle Hound Capital LLC purchased a new position in shares of First Capital in the 4th quarter valued at about $1,193,000. 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.