First Capital (NASDAQ:FCAP) Earns Hold Rating from Analysts at StockNews.com

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

First Capital Price Performance

Shares of First Capital stock opened at $38.05 on Friday. The stock’s 50-day simple moving average is $34.27 and its 200-day simple moving average is $33.72. First Capital has a 52 week low of $26.73 and a 52 week high of $39.40. The company has a market capitalization of $127.54 million, a price-to-earnings ratio of 10.66 and a beta of 0.52. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 0.29.

First Capital (NASDAQ:FCAP) last announced its quarterly earnings data on Friday, January 24th. The savings and loans company reported $0.97 EPS for the quarter. First Capital had a return on equity of 10.84% and a net margin of 20.54%.

First Capital Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, March 14th will be given a $0.29 dividend. The ex-dividend date is Friday, March 14th. This represents a $1.16 annualized dividend and a dividend yield of 3.05%. First Capital’s payout ratio is 32.49%.

Institutional Investors Weigh In On First Capital

A number of hedge funds have recently made changes to their positions in the company. Raymond James Financial Inc. bought a new stake in First Capital during the fourth quarter worth approximately $292,000. Empowered Funds LLC increased its stake in First Capital by 4.8% during the fourth quarter. Empowered Funds LLC now owns 14,705 shares of the savings and loans company’s stock worth $469,000 after acquiring an additional 675 shares during the last quarter. Dimensional Fund Advisors LP increased its stake 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 acquiring an additional 1,440 shares during the last quarter. Commonwealth Equity Services LLC increased its stake 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 acquiring an additional 10,204 shares during the last quarter. Finally, Bridgeway Capital Management LLC increased its stake 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 acquiring an additional 675 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.