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 research report sent to investors on Monday. The brokerage issued a hold rating on the savings and loans company’s stock.

First Capital Stock Up 1.7 %

Shares of NASDAQ:FCAP opened at $32.25 on Monday. The company has a quick ratio of 0.66, a current ratio of 0.66 and a debt-to-equity ratio of 0.32. First Capital has a 12 month low of $22.95 and a 12 month high of $35.65. The firm has a market cap of $108.13 million, a P/E ratio of 9.03 and a beta of 0.63. The company’s 50-day moving average price is $30.42 and its two-hundred day moving average price is $29.22.

First Capital (NASDAQ:FCAP) last released its earnings results on Friday, July 26th. The savings and loans company reported $0.85 earnings per share (EPS) for the quarter. First Capital had a net margin of 22.04% and a return on equity of 12.01%. The company had revenue of $10.68 million for the quarter.

First Capital Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Friday, June 14th were given a $0.27 dividend. The ex-dividend date of this dividend was Friday, June 14th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 3.35%. First Capital’s dividend payout ratio is 30.25%.

Insiders Place Their Bets

In related news, Director John Shireman bought 1,000 shares of the company’s stock in a transaction on Friday, August 2nd. The shares were purchased at an average cost of $31.93 per share, for a total transaction of $31,930.00. Following the acquisition, the director now owns 1,000 shares of the company’s stock, valued at approximately $31,930. The purchase was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 4.39% of the company’s stock.

Hedge Funds Weigh In On First Capital

An institutional investor recently raised its position in First Capital stock. Empowered Funds LLC lifted its position in First Capital, Inc. (NASDAQ:FCAP) by 7.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,460 shares of the savings and loans company’s stock after buying an additional 875 shares during the quarter. Empowered Funds LLC owned about 0.37% of First Capital worth $361,000 as of its most recent SEC filing. Institutional investors 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.