StockNews.com Initiates Coverage on First Capital (NASDAQ:FCAP)

Research analysts at StockNews.com initiated coverage on shares of First Capital (NASDAQ:FCAP) in a research note issued on Monday. The firm set a “hold” rating on the savings and loans company’s stock.

First Capital Price Performance

Shares of NASDAQ:FCAP opened at $32.00 on Monday. The company has a market capitalization of $107.20 million, a PE ratio of 9.07 and a beta of 0.58. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.70 and a current ratio of 0.70. The stock has a fifty day moving average of $34.62 and a 200-day moving average of $32.27. First Capital has a one year low of $24.40 and a one year high of $38.00.

First Capital (NASDAQ:FCAP) last released its quarterly earnings results on Friday, October 25th. The savings and loans company reported $0.87 earnings per share for the quarter. The business had revenue of $10.93 million during the quarter. First Capital had a return on equity of 10.82% and a net margin of 20.87%.

Institutional Trading of First Capital

Hedge funds and other institutional investors have recently modified their holdings of the business. Siena Capital Partners GP LLC lifted its stake in First Capital by 17.4% in the 3rd quarter. Siena Capital Partners GP LLC now owns 103,032 shares of the savings and loans company’s stock worth $3,602,000 after acquiring an additional 15,277 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of First Capital by 4.4% in the third quarter. Geode Capital Management LLC now owns 35,687 shares of the savings and loans company’s stock worth $1,248,000 after purchasing an additional 1,520 shares in the last quarter. Empowered Funds LLC boosted its holdings in shares of First Capital by 5.0% during the third quarter. Empowered Funds LLC now owns 14,030 shares of the savings and loans company’s stock worth $490,000 after purchasing an additional 670 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new position in First Capital during the second quarter valued at approximately $34,000. Institutional investors and hedge funds 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.