First Capital (NASDAQ:FCAP) Now Covered by Analysts at StockNews.com

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

First Capital Trading Up 0.3 %

First Capital stock opened at $30.00 on Wednesday. First Capital has a 12 month low of $25.71 and a 12 month high of $38.00. 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’s fifty day simple moving average is $33.44 and its two-hundred day simple moving average is $32.29. The company has a market capitalization of $100.56 million, a price-to-earnings ratio of 8.50 and a beta of 0.58.

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

First Capital Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 27th. Stockholders of record on Friday, December 13th will be issued a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a dividend yield of 3.87%. The ex-dividend date is Friday, December 13th. First Capital’s payout ratio is currently 32.86%.

Hedge Funds Weigh In On First Capital

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Siena Capital Partners GP LLC lifted its position in First Capital by 17.4% during the third quarter. Siena Capital Partners GP LLC now owns 103,032 shares of the savings and loans company’s stock valued at $3,602,000 after purchasing an additional 15,277 shares during the period. Geode Capital Management LLC raised its stake in First Capital by 4.4% during the 3rd 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. Finally, Empowered Funds LLC raised its stake in First Capital by 5.0% during 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. Institutional investors own 11.65% of the company’s stock.

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.