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

Research analysts at StockNews.com assumed coverage on shares of First Capital (NASDAQ:FCAP) in a report released on Friday. The brokerage set a “hold” rating on the savings and loans company’s stock.

First Capital Stock Performance

Shares of FCAP stock opened at $32.49 on Friday. The firm has a market cap of $108.91 million, a price-to-earnings ratio of 9.20 and a beta of 0.57. First Capital has a 52-week low of $26.03 and a 52-week high of $38.00. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 0.29. The company’s 50 day moving average is $32.70 and its 200 day moving average is $32.43.

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

Institutional Investors Weigh In On First Capital

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Empowered Funds LLC raised its position in shares of 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 purchasing an additional 670 shares during the last quarter. Geode Capital Management LLC increased 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 purchasing an additional 1,520 shares in the last quarter. Finally, Siena Capital Partners GP LLC increased its stake 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 valued at $3,602,000 after purchasing an additional 15,277 shares in the last quarter. 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.