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

StockNews.com initiated coverage on shares of First Capital (NASDAQ:FCAP) in a report released on Sunday. The firm set a “hold” rating on the savings and loans company’s stock.

First Capital Stock Down 0.4 %

Shares of NASDAQ:FCAP opened at $32.65 on Friday. The company’s fifty day moving average is $34.99 and its 200-day moving average is $32.13. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.70 and a current ratio of 0.70. First Capital has a 52 week low of $24.40 and a 52 week high of $38.00. The company has a market capitalization of $109.44 million, a PE ratio of 9.25 and a beta of 0.63.

First Capital (NASDAQ:FCAP) last posted its quarterly earnings data on Friday, October 25th. The savings and loans company reported $0.87 earnings per share for the quarter. The company 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%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Empowered Funds LLC boosted its position in First Capital by 5.0% in the 3rd quarter. Empowered Funds LLC now owns 14,030 shares of the savings and loans company’s stock valued at $490,000 after buying an additional 670 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new position in First Capital in the second quarter valued at about $34,000. Geode Capital Management LLC increased its position in 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 worth $1,248,000 after purchasing an additional 1,520 shares during the period. Finally, Siena Capital Partners GP LLC raised its holdings in 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 purchasing an additional 15,277 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.