First Capital (NASDAQ:FCAP) Stock Crosses Above 200 Day Moving Average – Time to Sell?

First Capital, Inc. (NASDAQ:FCAP) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $43.15 and traded as high as $44.52. First Capital shares last traded at $44.52, with a volume of 2,693 shares.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of First Capital in a report on Wednesday, October 8th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has an average rating of “Buy”.

First Capital Stock Up 4.2%

The firm has a market cap of $149.36 million, a price-to-earnings ratio of 10.10 and a beta of 0.68. The business’s fifty day moving average is $43.42 and its two-hundred day moving average is $43.15.

First Capital (NASDAQ:FCAP) last announced its quarterly earnings data on Friday, October 24th. The savings and loans company reported $1.34 earnings per share (EPS) for the quarter. First Capital had a net margin of 23.29% and a return on equity of 12.56%. The firm had revenue of $13.26 million for the quarter.

First Capital Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Shareholders of record on Friday, September 12th were paid a $0.31 dividend. The ex-dividend date of this dividend was Friday, September 12th. This is a boost from First Capital’s previous quarterly dividend of $0.29. This represents a $1.24 dividend on an annualized basis and a yield of 2.8%. First Capital’s payout ratio is 28.12%.

Insider Transactions at First Capital

In other First Capital news, Director Kathy Ernstberger acquired 972 shares of First Capital stock in a transaction on Friday, August 29th. The shares were purchased at an average cost of $41.10 per share, with a total value of $39,949.20. Following the completion of the purchase, the director owned 3,499 shares in the company, valued at $143,808.90. The trade was a 38.46% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 4.01% of the company’s stock.

Hedge Funds Weigh In On First Capital

Hedge funds and other institutional investors have recently made changes to their positions in the company. Police & Firemen s Retirement System of New Jersey bought a new position in shares of First Capital during the second quarter worth $28,000. CWM LLC bought a new position in shares of First Capital during the second quarter worth $31,000. Farther Finance Advisors LLC bought a new position in shares of First Capital during the second quarter worth $44,000. JPMorgan Chase & Co. boosted its position in shares of First Capital by 30,940.0% during the second quarter. JPMorgan Chase & Co. now owns 1,552 shares of the savings and loans company’s stock worth $64,000 after purchasing an additional 1,547 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in shares of First Capital during the second quarter worth $74,000. 11.65% of the stock is owned by institutional investors.

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.