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

by · The Cerbat Gem

StockNews.com began coverage on shares of First Capital (NASDAQ:FCAP – Free Report) in a research report report published on Wednesday. The brokerage issued a hold rating on the savings and loans company’s stock.

First Capital Trading Down 0.2 %

NASDAQ FCAP opened at $39.74 on Wednesday. The firm has a market capitalization of $133.33 million, a PE ratio of 11.13 and a beta of 0.53. The business’s 50-day moving average price is $37.13 and its two-hundred day moving average price is $34.53. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 0.29. First Capital has a 12 month low of $26.73 and a 12 month high of $40.18.

First Capital (NASDAQ:FCAP – Get Free Report) last announced its earnings results 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 company also recently declared a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, March 14th were given a dividend of $0.29 per share. The ex-dividend date was Friday, March 14th. This represents a $1.16 dividend on an annualized basis and a yield of 2.92%. First Capital’s dividend payout ratio (DPR) is currently 32.49%.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. Raymond James Financial Inc. acquired a new stake in shares of First Capital during the 4th quarter worth approximately $292,000. Empowered Funds LLC boosted 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 in the last quarter. Dimensional Fund Advisors LP grew its holdings in First Capital by 7.8% in 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 period. Commonwealth Equity Services LLC increased its stake in First Capital by 91.8% in the fourth quarter. Commonwealth Equity Services LLC now owns 21,319 shares of the savings and loans company’s stock valued at $688,000 after purchasing an additional 10,204 shares in the last quarter. Finally, Bridgeway Capital Management LLC raised its holdings in shares of 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 valued at $949,000 after purchasing an additional 675 shares during the period. 11.65% of the stock is owned by institutional investors.

First Capital Company Profile

(Get Free Report)

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.

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