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

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

First Capital Trading Up 0.4 %

FCAP opened at $38.21 on Friday. First Capital has a fifty-two week low of $26.73 and a fifty-two week high of $39.40. The firm has a market capitalization of $128.08 million, a PE ratio of 10.70 and a beta of 0.52. 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 company’s 50-day moving average is $34.37 and its 200 day moving average is $33.76.

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

Institutional Trading of First Capital

Institutional investors and hedge funds have recently made changes to their positions in the company. Raymond James Financial Inc. purchased a new position in First Capital during the fourth quarter worth about $292,000. Empowered Funds LLC lifted its position in shares of First Capital by 5.0% during the 3rd quarter. Empowered Funds LLC now owns 14,030 shares of the savings and loans company’s stock worth $490,000 after buying an additional 670 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of First Capital by 7.8% in the 4th quarter. Dimensional Fund Advisors LP now owns 19,939 shares of the savings and loans company’s stock worth $636,000 after buying an additional 1,440 shares during the last quarter. Commonwealth Equity Services LLC grew its holdings in shares of First Capital by 91.8% in the fourth quarter. Commonwealth Equity Services LLC now owns 21,319 shares of the savings and loans company’s stock valued at $688,000 after acquiring an additional 10,204 shares in the last quarter. Finally, Bridgeway Capital Management LLC increased its position in shares of First Capital by 2.3% during the fourth quarter. Bridgeway Capital Management LLC now owns 29,740 shares of the savings and loans company’s stock valued at $949,000 after acquiring an additional 675 shares during the last quarter. Hedge funds and other institutional investors 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.