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

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

First Capital Trading Down 0.1 %

Shares of FCAP stock opened at $38.05 on Friday. First Capital has a 1 year low of $26.73 and a 1 year high of $39.40. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.70 and a quick ratio of 0.70. The stock’s 50 day simple moving average is $34.27 and its two-hundred day simple moving average is $33.71. The company has a market cap of $127.54 million, a PE ratio of 10.66 and a beta of 0.52.

First Capital (NASDAQ:FCAP) last issued 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%.

Institutional Investors Weigh In On First Capital

Several hedge funds and other institutional investors have recently modified their holdings of FCAP. Raymond James Financial Inc. purchased a new position in First Capital during the 4th quarter worth $292,000. Empowered Funds LLC boosted its position in First Capital by 4.8% during the 4th quarter. Empowered Funds LLC now owns 14,705 shares of the savings and loans company’s stock valued at $469,000 after acquiring an additional 675 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in First Capital by 7.8% during 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 acquiring an additional 1,440 shares in the last quarter. Commonwealth Equity Services LLC boosted its position in shares of First Capital by 91.8% in the 4th quarter. Commonwealth Equity Services LLC now owns 21,319 shares of the savings and loans company’s stock worth $688,000 after purchasing an additional 10,204 shares in the last quarter. Finally, Bridgeway Capital Management LLC boosted its position in shares of First Capital by 2.3% in the 4th quarter. Bridgeway Capital Management LLC now owns 29,740 shares of the savings and loans company’s stock worth $949,000 after purchasing an additional 675 shares in the last quarter. 11.65% of the stock is currently owned by hedge funds and other institutional investors.

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.