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

StockNews.com initiated coverage on shares of First Capital (NASDAQ:FCAP) in a report published on Wednesday. The firm issued a hold rating on the savings and loans company’s stock.

First Capital Stock Performance

FCAP opened at $33.83 on Wednesday. The firm has a market capitalization of $113.33 million, a PE ratio of 9.40 and a beta of 0.64. First Capital has a twelve month low of $22.95 and a twelve month high of $38.00. The firm’s 50-day moving average price is $33.85 and its 200 day moving average price is $31.14. The company has a current ratio of 0.68, a quick ratio of 0.67 and a debt-to-equity ratio of 0.31.

First Capital (NASDAQ:FCAP) last posted its quarterly earnings results on Friday, October 25th. The savings and loans company reported $0.87 earnings per share for the quarter. The firm had revenue of $10.93 million for the quarter. First Capital had a net margin of 22.04% and a return on equity of 11.78%.

First Capital Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Friday, September 13th were issued a $0.29 dividend. This represents a $1.16 annualized dividend and a yield of 3.43%. This is a positive change from First Capital’s previous quarterly dividend of $0.27. The ex-dividend date of this dividend was Friday, September 13th. First Capital’s payout ratio is presently 32.22%.

Insider Buying and Selling at First Capital

In other news, Director John Shireman bought 1,000 shares of the firm’s stock in a transaction on Friday, August 2nd. The shares were bought at an average cost of $31.93 per share, for a total transaction of $31,930.00. Following the acquisition, the director now directly owns 1,000 shares of the company’s stock, valued at $31,930. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website. 4.39% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On First Capital

A hedge fund recently raised its stake in First Capital stock. Empowered Funds LLC grew its stake in First Capital, Inc. (NASDAQ:FCAP) by 7.6% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 12,460 shares of the savings and loans company’s stock after acquiring an additional 875 shares during the period. Empowered Funds LLC owned about 0.37% of First Capital worth $361,000 as of its most recent filing with the SEC. 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.