First Capital (NASDAQ:FCAP) Stock Rating Upgraded by Wall Street Zen

First Capital (NASDAQ:FCAP) was upgraded by research analysts at Wall Street Zen to a “hold” rating in a report issued on Saturday.

Separately, Weiss Ratings restated 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, the company presently has an average rating of “Hold”.

First Capital Price Performance

Shares of NASDAQ:FCAP opened at $51.51 on Friday. The company has a market cap of $172.56 million, a price-to-earnings ratio of 11.68 and a beta of 0.64. The firm has a 50 day simple moving average of $53.40 and a 200 day simple moving average of $45.57. First Capital has a one year low of $30.49 and a one year high of $71.00.

First Capital (NASDAQ:FCAP) last posted its earnings results on Friday, October 24th. The savings and loans company reported $1.34 earnings per share for the quarter. The firm had revenue of $13.26 million for the quarter. First Capital had a net margin of 23.29% and a return on equity of 12.04%.

Hedge Funds Weigh In On First Capital

A number of hedge funds and other institutional investors have recently made changes to their positions in 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 valued at $3,231,000 after purchasing an additional 40,918 shares during the period. Vanguard Group Inc. boosted its stake in shares of First Capital by 0.4% in the 3rd quarter. Vanguard Group Inc. now owns 71,010 shares of the savings and loans company’s stock valued at $3,252,000 after purchasing an additional 264 shares during the last quarter. Bridgeway Capital Management LLC boosted its stake in shares of First Capital by 7.9% in the 3rd quarter. Bridgeway Capital Management LLC now owns 34,703 shares of the savings and loans company’s stock valued at $1,589,000 after purchasing an additional 2,526 shares during the last quarter. Farther Finance Advisors LLC increased its position in shares of First Capital by 2,200.4% during the third quarter. Farther Finance Advisors LLC now owns 24,430 shares of the savings and loans company’s stock worth $1,119,000 after buying an additional 23,368 shares during the period. Finally, Empowered Funds LLC raised its stake in First Capital by 6.9% during the first quarter. Empowered Funds LLC now owns 15,713 shares of the savings and loans company’s stock worth $599,000 after buying an additional 1,008 shares during the last quarter. 11.65% of the stock is owned by institutional investors and hedge funds.

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.