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

StockNews.com initiated coverage on shares of First Capital (NASDAQ:FCAP) in a research note published on Thursday morning. The firm issued a hold rating on the savings and loans company’s stock.

First Capital Price Performance

Shares of NASDAQ:FCAP opened at $40.61 on Thursday. The firm has a market cap of $136.25 million, a price-to-earnings ratio of 11.38 and a beta of 0.53. First Capital has a 1 year low of $26.73 and a 1 year high of $40.75. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 0.29. The business has a fifty day simple moving average of $37.79 and a 200 day simple moving average of $34.68.

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

First Capital Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, March 14th were given a $0.29 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 2.86%. First Capital’s dividend payout ratio is currently 32.49%.

Institutional Trading of First Capital

Several large investors have recently modified their holdings of FCAP. Raymond James Financial Inc. acquired a new position in First Capital during the 4th quarter worth $292,000. Empowered Funds LLC grew its holdings in First Capital by 4.8% in the 4th quarter. Empowered Funds LLC now owns 14,705 shares of the savings and loans company’s stock valued at $469,000 after buying an additional 675 shares during the last quarter. Dimensional Fund Advisors LP increased its position in 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 worth $636,000 after buying an additional 1,440 shares during the period. Commonwealth Equity Services LLC lifted its holdings in shares of First Capital by 91.8% during the fourth quarter. Commonwealth Equity Services LLC now owns 21,319 shares of the savings and loans company’s stock worth $688,000 after buying an additional 10,204 shares during the last quarter. Finally, Bridgeway Capital Management LLC grew its stake in shares of First Capital by 2.3% in the fourth quarter. Bridgeway Capital Management LLC now owns 29,740 shares of the savings and loans company’s stock worth $949,000 after acquiring an additional 675 shares during the last quarter. 11.65% of the stock is owned by 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.