Truffle Hound Capital LLC Makes New Investment in First Capital, Inc. (NASDAQ:FCAP)

Truffle Hound Capital LLC bought a new position in First Capital, Inc. (NASDAQ:FCAP) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 37,000 shares of the savings and loans company’s stock, valued at approximately $1,193,000. Truffle Hound Capital LLC owned approximately 1.10% of First Capital as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Raymond James Financial Inc. acquired a new position in shares of First Capital during the 4th quarter worth $292,000. Empowered Funds LLC increased its stake in shares of First Capital by 4.8% during the 4th quarter. Empowered Funds LLC now owns 14,705 shares of the savings and loans company’s stock worth $469,000 after purchasing an additional 675 shares during the last quarter. Commonwealth Equity Services LLC increased its stake 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 purchasing an additional 10,204 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of 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 purchasing an additional 1,520 shares during the last quarter. Finally, Siena Capital Partners GP LLC grew its stake in First Capital by 17.4% in the 3rd quarter. Siena Capital Partners GP LLC now owns 103,032 shares of the savings and loans company’s stock valued at $3,602,000 after buying an additional 15,277 shares during the last quarter. Hedge funds and other institutional investors own 11.65% of the company’s stock.

First Capital Stock Performance

NASDAQ:FCAP opened at $38.04 on Friday. First Capital, Inc. has a 1 year low of $26.73 and a 1 year high of $39.40. The firm’s fifty day simple moving average is $34.82 and its 200 day simple moving average is $33.92. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 0.29. The firm has a market capitalization of $127.51 million, a PE ratio of 10.66 and a beta of 0.52.

First Capital (NASDAQ:FCAP) last posted its 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 net margin of 20.54% and a return on equity of 10.84%.

First Capital Announces Dividend

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

Analysts Set New Price Targets

Separately, StockNews.com began coverage on shares of First Capital in a research note on Sunday, March 16th. They issued a “hold” rating on the stock.

About First Capital

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.