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

Equities researchers at StockNews.com began coverage on shares of First Capital (NASDAQ:FCAP) in a research note issued to investors on Thursday. The firm set a “hold” rating on the savings and loans company’s stock.

First Capital Stock Performance

Shares of FCAP opened at $35.42 on Thursday. The stock has a 50-day simple moving average of $32.15 and a 200-day simple moving average of $33.01. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.70 and a current ratio of 0.70. The stock has a market capitalization of $118.64 million, a PE ratio of 9.92 and a beta of 0.56. First Capital has a 1 year low of $26.73 and a 1 year high of $38.00.

First Capital (NASDAQ:FCAP) last issued its 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 made changes to their positions in the business. Empowered Funds LLC raised its position in shares of 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 worth $490,000 after acquiring an additional 670 shares in the last quarter. Bridgeway Capital Management LLC increased its position in First Capital by 2.3% during the fourth quarter. Bridgeway Capital Management LLC now owns 29,740 shares of the savings and loans company’s stock worth $949,000 after buying an additional 675 shares during the period. Dimensional Fund Advisors LP increased its position in First Capital by 7.8% during the fourth 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. Geode Capital Management LLC increased its position in First Capital by 4.4% during 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 buying an additional 1,520 shares during the period. Finally, Raymond James Financial Inc. acquired a new position in First Capital during the fourth quarter worth approximately $292,000. 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.