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

StockNews.com began coverage on shares of First Capital (NASDAQ:FCAP) in a research note issued to investors on Monday. The firm issued a hold rating on the savings and loans company’s stock.

First Capital Stock Performance

NASDAQ:FCAP opened at $38.11 on Monday. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 0.29. The firm’s fifty day simple moving average is $34.94 and its 200 day simple moving average is $34.01. The stock has a market cap of $127.76 million, a P/E ratio of 10.68 and a beta of 0.52. First Capital has a twelve month low of $26.73 and a twelve month high of $39.40.

First Capital (NASDAQ:FCAP) last posted its earnings results on Friday, January 24th. The savings and loans company reported $0.97 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 company also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, March 14th will be given a $0.29 dividend. This represents a $1.16 annualized dividend and a dividend yield of 3.04%. The ex-dividend date of this dividend is Friday, March 14th. First Capital’s dividend payout ratio is currently 32.49%.

Institutional Investors Weigh In On First Capital

Several hedge funds have recently made changes to their positions in FCAP. Fourthstone LLC bought a new position in First Capital in the fourth quarter worth $1,824,000. Truffle Hound Capital LLC purchased a new stake in shares of First Capital in the 4th quarter worth about $1,193,000. Geode Capital Management LLC increased its stake in shares of First Capital by 4.4% in 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 acquiring an additional 1,520 shares in the last quarter. Bridgeway Capital Management LLC lifted its position 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 valued at $949,000 after acquiring an additional 675 shares during the period. Finally, Commonwealth Equity Services LLC boosted its stake in First Capital by 91.8% during the fourth quarter. Commonwealth Equity Services LLC now owns 21,319 shares of the savings and loans company’s stock worth $688,000 after acquiring an additional 10,204 shares in the last quarter. 11.65% of the stock is currently owned by institutional investors.

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.