First Capital (NASDAQ:FCAP) Share Price Crosses Above 200 Day Moving Average – What’s Next?

First Capital, Inc. (NASDAQ:FCAP)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $46.38 and traded as high as $59.06. First Capital shares last traded at $58.92, with a volume of 7,229 shares changing hands.

Wall Street Analyst Weigh In

Several analysts have issued reports on FCAP shares. Wall Street Zen raised First Capital to a “hold” rating in a report on Saturday, January 10th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of First Capital in a research report on Monday, December 29th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has a consensus rating of “Hold”.

First Capital Price Performance

The firm’s 50-day moving average is $55.27 and its two-hundred day moving average is $46.43. The company has a market cap of $197.38 million, a P/E ratio of 12.02 and a beta of 0.64.

First Capital (NASDAQ:FCAP) last announced its quarterly earnings data on Friday, January 23rd. The savings and loans company reported $1.46 EPS for the quarter. First Capital had a return on equity of 12.95% and a net margin of 25.06%.The company had revenue of $13.49 million for the quarter.

First Capital Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Friday, December 12th were issued a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend was Friday, December 12th. First Capital’s payout ratio is currently 25.31%.

Institutional Investors Weigh In On First Capital

Institutional investors and hedge funds have recently bought and sold shares of the stock. Geode Capital Management LLC increased its position in First Capital by 109.7% during the 2nd quarter. Geode Capital Management LLC now owns 78,226 shares of the savings and loans company’s stock worth $3,231,000 after purchasing an additional 40,918 shares in the last quarter. Farther Finance Advisors LLC boosted its holdings in First Capital by 101.3% in the fourth quarter. Farther Finance Advisors LLC now owns 49,180 shares of the savings and loans company’s stock worth $2,911,000 after purchasing an additional 24,750 shares during the period. Arrowstreet Capital Limited Partnership bought a new stake in shares of First Capital during the 2nd quarter valued at about $439,000. Stratos Wealth Partners LTD. acquired a new position in shares of First Capital during the third quarter valued at $401,000. Finally, Forvis Mazars Wealth Advisors LLC bought a new position in First Capital in the 2nd quarter worth approximately $228,000. Hedge funds and other institutional investors own 11.65% of the company’s stock.

About First Capital

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.