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

StockNews.com initiated coverage on shares of First Capital (NASDAQ:FCAP) in a research report sent to investors on Saturday. The brokerage issued a hold rating on the savings and loans company’s stock.

First Capital Price Performance

NASDAQ:FCAP opened at $34.10 on Friday. The company has a quick ratio of 0.67, a current ratio of 0.68 and a debt-to-equity ratio of 0.31. The firm has a market cap of $114.24 million, a PE ratio of 9.66 and a beta of 0.63. First Capital has a 12 month low of $24.40 and a 12 month high of $38.00. The company’s 50-day moving average price is $34.92 and its two-hundred day moving average price is $31.90.

First Capital (NASDAQ:FCAP) last announced its earnings results on Friday, October 25th. The savings and loans company reported $0.87 EPS for the quarter. The business had revenue of $10.93 million for the quarter. First Capital had a return on equity of 11.08% and a net margin of 20.87%.

First Capital Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Friday, September 13th were issued a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a dividend yield of 3.40%. The ex-dividend date of this dividend was Friday, September 13th. This is a boost from First Capital’s previous quarterly dividend of $0.27. First Capital’s dividend payout ratio is presently 32.86%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in FCAP. Geode Capital Management LLC grew its holdings 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 worth $1,248,000 after acquiring an additional 1,520 shares during the last quarter. Siena Capital Partners GP LLC lifted its position in shares of First Capital by 17.4% during the third quarter. Siena Capital Partners GP LLC now owns 103,032 shares of the savings and loans company’s stock worth $3,602,000 after purchasing an additional 15,277 shares in the last quarter. Empowered Funds LLC grew its stake in shares of First Capital by 5.0% during the third 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. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of First Capital in the second quarter valued at approximately $34,000. 11.65% of the stock is owned by 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.