Odyssean LLC Acquires Shares of 26,371 First Capital, Inc. $FCAP

Odyssean LLC acquired a new position in shares of First Capital, Inc. (NASDAQ:FCAP) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 26,371 shares of the savings and loans company’s stock, valued at approximately $513,000. Odyssean LLC owned about 0.79% of First Capital at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Man Group plc purchased a new stake in shares of First Capital in the second quarter valued at about $1,420,000. Jupiter Topco LLC purchased a new position in First Capital during the second quarter worth about $268,000. Hsbc Holdings PLC purchased a new position in First Capital during the second quarter worth about $545,000. Legal & General Group Plc purchased a new position in First Capital during the second quarter worth about $351,000. Finally, Quantbot Technologies LP bought a new stake in First Capital in the 2nd quarter worth about $140,000. Institutional investors own 11.65% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of First Capital in a research note on Friday, July 17th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, First Capital has an average rating of “Moderate Buy”.

First Capital Stock Down 1.1%

Shares of FCAP stock opened at $61.34 on Thursday. The company has a 50 day moving average of $63.22 and a 200-day moving average of $57.30. First Capital, Inc. has a 12-month low of $37.64 and a 12-month high of $71.00. The firm has a market cap of $204.88 million, a P/E ratio of 11.09 and a beta of 0.71.

First Capital (NASDAQ:FCAP) last posted its quarterly earnings data on Friday, July 24th. The savings and loans company reported $1.43 EPS for the quarter. First Capital had a return on equity of 13.39% and a net margin of 26.79%.The business had revenue of $14.29 million for the quarter.

First Capital Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 11th will be given a dividend of $0.32 per share. The ex-dividend date of this dividend is Friday, September 11th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 2.1%. This is a boost from First Capital’s previous quarterly dividend of $0.31. First Capital’s payout ratio is currently 22.42%.

First Capital Company Profile

First Capital, Inc is a closed-end, non-diversified management investment company organized as a business development company (BDC) under the Investment Company Act of 1940. Listed on the NASDAQ under the ticker FCAP, the firm specializes in providing debt and equity financing solutions to U.S. middle-market companies. External management is provided by First Capital Asset Management, LLC, leveraging senior credit expertise to structure tailored financing that supports growth initiatives, recapitalizations and acquisitions.

The company’s investment portfolio comprises senior secured loans, second-lien and subordinated debt, as well as equity co-investments.