Siena Capital Partners GP LLC Has $3.94 Million Holdings in First Capital, Inc. $FCAP

Siena Capital Partners GP LLC cut its position in First Capital, Inc. (NASDAQ:FCAP) by 28.5% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 66,559 shares of the savings and loans company’s stock after selling 26,498 shares during the quarter. Siena Capital Partners GP LLC’s holdings in First Capital were worth $3,940,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its position in First Capital by 30,940.0% in the second quarter. JPMorgan Chase & Co. now owns 1,552 shares of the savings and loans company’s stock valued at $64,000 after buying an additional 1,547 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in First Capital in the second quarter valued at about $74,000. Bank of America Corp DE boosted its position in First Capital by 215.8% in the second quarter. Bank of America Corp DE now owns 2,122 shares of the savings and loans company’s stock valued at $88,000 after buying an additional 1,450 shares in the last quarter. New York State Common Retirement Fund acquired a new position in First Capital in the second quarter valued at about $107,000. Finally, Jones Financial Companies Lllp boosted its position in First Capital by 3,288.0% in the first quarter. Jones Financial Companies Lllp now owns 3,388 shares of the savings and loans company’s stock valued at $129,000 after buying an additional 3,288 shares in the last quarter. 11.65% of the stock is currently owned by institutional investors and hedge funds.

First Capital Stock Performance

Shares of FCAP stock opened at $66.14 on Monday. First Capital, Inc. has a 1 year low of $33.73 and a 1 year high of $71.00. The firm’s 50 day moving average is $54.83 and its 200-day moving average is $53.87. The firm has a market capitalization of $221.57 million, a price-to-earnings ratio of 12.65 and a beta of 0.71.

First Capital (NASDAQ:FCAP) last announced its earnings results on Friday, April 24th. The savings and loans company reported $1.30 earnings per share (EPS) for the quarter. First Capital had a net margin of 26.03% and a return on equity of 12.82%. The company had revenue of $13.47 million for the quarter.

First Capital Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Friday, June 12th will be paid a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date of this dividend is Friday, June 12th. First Capital’s payout ratio is 23.71%.

Analyst Ratings Changes

A number of research firms have commented on FCAP. Weiss Ratings lowered shares of First Capital from a “buy (b)” rating to a “hold (c)” rating in a research report on Tuesday, April 21st. Colliers Securities upgraded shares of First Capital to a “moderate buy” rating in a research report on Thursday, April 16th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, First Capital currently has an average rating of “Moderate Buy”.

First Capital Profile

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.