First Capital (NASDAQ:FCAP) Earns Hold Rating from Analysts at StockNews.com

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

First Capital Price Performance

Shares of NASDAQ:FCAP opened at $33.00 on Friday. The firm’s 50 day moving average is $34.92 and its two-hundred day moving average is $31.93. First Capital has a 52 week low of $24.40 and a 52 week high of $38.00. The firm has a market capitalization of $110.55 million, a P/E ratio of 9.66 and a beta of 0.63. 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 announced its quarterly earnings results on Friday, October 25th. The savings and loans company reported $0.87 EPS for the quarter. First Capital had a net margin of 20.87% and a return on equity of 11.08%. The company had revenue of $10.93 million for the quarter.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Siena Capital Partners GP LLC grew its position in First Capital by 17.4% in the third quarter. Siena Capital Partners GP LLC now owns 103,032 shares of the savings and loans company’s stock worth $3,602,000 after buying an additional 15,277 shares during the last quarter. Geode Capital Management LLC grew its position in First Capital by 4.4% in the third quarter. Geode Capital Management LLC now owns 35,687 shares of the savings and loans company’s stock worth $1,248,000 after buying an additional 1,520 shares during the last quarter. Empowered Funds LLC grew its position in First Capital by 5.0% in 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. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in First Capital in the second quarter worth approximately $34,000. Institutional investors and hedge funds 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.