First Capital (NASDAQ:FCAP) Now Covered by StockNews.com

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

First Capital Trading Up 0.9 %

Shares of First Capital stock opened at $40.61 on Thursday. The firm has a market capitalization of $136.25 million, a PE ratio of 11.38 and a beta of 0.53. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 0.29. The firm’s 50 day moving average is $37.66 and its 200 day moving average is $34.66. First Capital has a 1 year low of $26.73 and a 1 year high of $40.75.

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

First Capital Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Friday, March 14th were paid a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a dividend yield of 2.86%. The ex-dividend date was Friday, March 14th. First Capital’s payout ratio is 32.49%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Bridgeway Capital Management LLC grew its holdings in First Capital by 2.3% during the 4th 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. Dimensional Fund Advisors LP lifted its holdings in shares of 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 purchasing an additional 1,440 shares during the period. Fourthstone LLC bought a new stake in shares of First Capital in the fourth quarter worth $1,824,000. Raymond James Financial Inc. acquired a new stake in First Capital in the fourth quarter valued at $292,000. Finally, Truffle Hound Capital LLC bought a new position in First Capital during the 4th quarter worth $1,193,000. Institutional investors and hedge funds 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.