First Capital (NASDAQ:FCAP) Research Coverage Started at StockNews.com

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

First Capital Price Performance

First Capital stock opened at $37.90 on Friday. The stock has a 50-day moving average price of $34.49 and a two-hundred day moving average price of $33.81. The company has a market capitalization of $127.04 million, a PE ratio of 10.62 and a beta of 0.52. First Capital has a 12 month low of $26.73 and a 12 month high of $39.40. 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 (NASDAQ:FCAP) last posted its quarterly earnings data 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 Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, March 14th will be issued a dividend of $0.29 per share. The ex-dividend date is Friday, March 14th. This represents a $1.16 annualized dividend and a dividend yield of 3.06%. First Capital’s dividend payout ratio is currently 32.49%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in FCAP. Raymond James Financial Inc. acquired a new position in shares of First Capital during the fourth quarter valued at about $292,000. Empowered Funds LLC increased its holdings in First Capital by 5.0% during the third quarter. Empowered Funds LLC now owns 14,030 shares of the savings and loans company’s stock worth $490,000 after buying an additional 670 shares during the last quarter. Dimensional Fund Advisors LP raised its position 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 acquiring an additional 1,440 shares during the period. Commonwealth Equity Services LLC boosted 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 acquiring an additional 10,204 shares during the last quarter. Finally, Bridgeway Capital Management LLC grew its position in shares of 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. Institutional investors 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.