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

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

First Capital Stock Down 1.2 %

Shares of NASDAQ:FCAP opened at $37.64 on Monday. The firm has a market capitalization of $126.15 million, a PE ratio of 10.54 and a beta of 0.52. First Capital has a 1 year low of $26.73 and a 1 year high of $39.40. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.70 and a quick ratio of 0.70. The firm’s 50-day moving average is $35.05 and its two-hundred day moving average is $34.04.

First Capital (NASDAQ:FCAP) last announced its quarterly earnings data on Friday, January 24th. The savings and loans company reported $0.97 earnings per share for the quarter. First Capital had a net margin of 20.54% and a return on equity of 10.84%.

Institutional Investors Weigh In On First Capital

Several large investors have recently bought and sold shares of the stock. Fourthstone LLC acquired a new position in shares of First Capital during the fourth quarter worth about $1,824,000. Truffle Hound Capital LLC purchased a new position in First Capital in the fourth quarter worth approximately $1,193,000. Geode Capital Management LLC grew its holdings in First Capital by 4.4% during the 3rd quarter. Geode Capital Management LLC now owns 35,687 shares of the savings and loans company’s stock worth $1,248,000 after acquiring an additional 1,520 shares in the last quarter. Bridgeway Capital Management LLC increased its position in shares of First Capital by 2.3% in the 4th quarter. Bridgeway Capital Management LLC now owns 29,740 shares of the savings and loans company’s stock valued at $949,000 after purchasing an additional 675 shares during the last quarter. Finally, Commonwealth Equity Services LLC increased its position in shares of First Capital by 91.8% in the 4th quarter. Commonwealth Equity Services LLC now owns 21,319 shares of the savings and loans company’s stock valued at $688,000 after purchasing an additional 10,204 shares during the last quarter. Hedge funds and other 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.