First Capital (NASDAQ:FCAP) Coverage Initiated at StockNews.com

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

First Capital Stock Up 0.9 %

FCAP stock opened at $33.29 on Friday. First Capital has a one year low of $24.40 and a one year high of $38.00. 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 firm’s fifty day moving average is $34.94 and its 200 day moving average is $31.97. The firm has a market cap of $111.50 million, a PE ratio of 9.35 and a beta of 0.63.

First Capital (NASDAQ:FCAP) last announced its quarterly earnings results on Friday, October 25th. The savings and loans company reported $0.87 earnings per share for the quarter. The firm 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 Investors Weigh In On First Capital

A number of institutional investors have recently added to or reduced their stakes in FCAP. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of First Capital during the second quarter valued at approximately $34,000. Empowered Funds LLC increased its position in shares of First Capital by 7.6% during the first quarter. Empowered Funds LLC now owns 12,460 shares of the savings and loans company’s stock worth $361,000 after purchasing an additional 875 shares in the last quarter. Geode Capital Management LLC raised its stake in First Capital by 4.4% in the 3rd 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 last quarter. Finally, Siena Capital Partners GP LLC lifted its holdings 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 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.