First Capital (NASDAQ:FCAP) Stock Crosses Above 200 Day Moving Average – What’s Next?

First Capital, Inc. (NASDAQ:FCAP) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $37.51 and traded as high as $47.48. First Capital shares last traded at $46.75, with a volume of 6,469 shares changing hands.

Analysts Set New Price Targets

Separately, Wall Street Zen assumed coverage on shares of First Capital in a report on Thursday, April 17th. They set a “hold” rating for the company.

First Capital Price Performance

The stock has a market capitalization of $156.85 million, a price-to-earnings ratio of 13.10 and a beta of 0.71. The business’s fifty day moving average price is $44.76 and its 200-day moving average price is $37.51. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.70 and a quick ratio of 0.70.

First Capital (NASDAQ:FCAP) last issued its quarterly earnings data on Friday, April 25th. The savings and loans company reported $0.97 earnings per share (EPS) for the quarter. The firm had revenue of $11.43 million during the quarter. First Capital had a net margin of 20.54% and a return on equity of 10.84%.

First Capital Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 27th. Stockholders of record on Friday, June 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 2.48%. The ex-dividend date of this dividend is Friday, June 13th. First Capital’s dividend payout ratio is currently 31.69%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Fourthstone LLC purchased a new position in First Capital during the fourth quarter worth about $1,824,000. Truffle Hound Capital LLC boosted its holdings in First Capital by 35.1% during the first quarter. Truffle Hound Capital LLC now owns 50,000 shares of the savings and loans company’s stock worth $1,908,000 after purchasing an additional 13,000 shares during the last quarter. Bridgeway Capital Management LLC boosted its holdings 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 purchasing an additional 675 shares during the last quarter. Commonwealth Equity Services LLC boosted its holdings in 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 purchasing an additional 10,204 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings 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 purchasing an additional 1,440 shares during the last quarter. 11.65% of the stock is currently owned by hedge funds and other institutional investors.

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.