First Capital (NASDAQ:FCAP) Now Covered by StockNews.com

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

First Capital Stock Up 0.3 %

Shares of NASDAQ FCAP opened at $34.10 on Friday. First Capital has a 1 year low of $24.40 and a 1 year high of $38.00. The firm’s 50-day moving average is $34.92 and its 200-day moving average is $31.90. The company has a current ratio of 0.68, a quick ratio of 0.67 and a debt-to-equity ratio of 0.31. The firm has a market capitalization of $114.24 million, a PE ratio of 9.66 and a beta of 0.63.

First Capital (NASDAQ:FCAP) last announced its quarterly earnings data on Friday, October 25th. The savings and loans company reported $0.87 earnings per share for the quarter. First Capital had a net margin of 20.87% and a return on equity of 11.08%. The business had revenue of $10.93 million for the quarter.

First Capital Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Friday, September 13th were paid a dividend of $0.29 per share. The ex-dividend date of this dividend was Friday, September 13th. This is a boost from First Capital’s previous quarterly dividend of $0.27. This represents a $1.16 dividend on an annualized basis and a dividend yield of 3.40%. First Capital’s payout ratio is 32.86%.

Hedge Funds Weigh In On First Capital

Several hedge funds have recently added to or reduced their stakes in the stock. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of First Capital in the 2nd quarter valued at about $34,000. Empowered Funds LLC boosted its stake in First Capital by 7.6% during the 1st quarter. Empowered Funds LLC now owns 12,460 shares of the savings and loans company’s stock worth $361,000 after acquiring an additional 875 shares during the last quarter. Geode Capital Management LLC grew its holdings in First Capital by 4.4% during the third quarter. Geode Capital Management LLC now owns 35,687 shares of the savings and loans company’s stock valued at $1,248,000 after purchasing an additional 1,520 shares during the period. Finally, Siena Capital Partners GP LLC increased its stake 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 valued at $3,602,000 after purchasing an additional 15,277 shares in the last quarter. Institutional investors and hedge funds own 11.65% of the company’s stock.

About First Capital

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.