StockNews.com Begins Coverage on First Capital (NASDAQ:FCAP)

Analysts at StockNews.com assumed coverage on shares of First Capital (NASDAQ:FCAP) in a research note issued on Monday. The brokerage set a “hold” rating on the savings and loans company’s stock.

First Capital Stock Performance

Shares of FCAP opened at $38.04 on Monday. The stock has a 50 day moving average price of $34.82 and a 200 day moving average price of $33.96. 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 has a market capitalization of $127.51 million, a price-to-earnings ratio of 10.66 and a beta of 0.52. First Capital has a 52-week low of $26.73 and a 52-week high of $39.40.

First Capital (NASDAQ:FCAP) last announced its quarterly earnings results on Friday, January 24th. The savings and loans company reported $0.97 earnings per share (EPS) 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

Large investors have recently modified their holdings of the company. Raymond James Financial Inc. acquired a new stake in shares of First Capital in the fourth quarter valued at approximately $292,000. Empowered Funds LLC boosted its holdings in shares of First Capital by 4.8% in the fourth 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 during the period. Dimensional Fund Advisors LP boosted its holdings in shares of First Capital by 7.8% in the fourth 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 during the period. Commonwealth Equity Services LLC boosted its holdings in shares of First Capital by 91.8% in the fourth quarter. Commonwealth Equity Services LLC now owns 21,319 shares of the savings and loans company’s stock valued at $688,000 after acquiring an additional 10,204 shares during the period. Finally, Bridgeway Capital Management LLC boosted its holdings 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 valued at $949,000 after acquiring an additional 675 shares during the period. 11.65% of the stock is owned by institutional investors and hedge funds.

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.