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

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

First Capital Stock Performance

Shares of NASDAQ:FCAP opened at $36.21 on Thursday. The business has a fifty day moving average of $32.24 and a 200-day moving average of $33.03. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.70 and a current ratio of 0.70. First Capital has a twelve month low of $26.73 and a twelve month high of $38.00. The firm has a market cap of $121.29 million, a PE ratio of 10.14 and a beta of 0.56.

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 Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be issued a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a yield of 3.20%. The ex-dividend date is Friday, March 14th. First Capital’s dividend payout ratio is presently 32.49%.

Institutional Trading of First Capital

Several institutional investors and hedge funds have recently made changes to their positions in FCAP. Raymond James Financial Inc. bought a new position in shares of First Capital in the 4th quarter worth $292,000. Empowered Funds LLC lifted its stake in 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 buying an additional 675 shares during the period. 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 buying an additional 1,440 shares during the last quarter. Commonwealth Equity Services LLC grew its position in shares of First Capital by 91.8% during the 4th quarter. Commonwealth Equity Services LLC now owns 21,319 shares of the savings and loans company’s stock worth $688,000 after buying an additional 10,204 shares during the period. Finally, Bridgeway Capital Management LLC increased its stake in shares of First Capital by 2.3% in the 4th 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 last quarter. Institutional investors 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.