First Capital (NASDAQ:FCAP) Earns Hold Rating from Analysts at StockNews.com

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

First Capital Price Performance

NASDAQ FCAP opened at $27.99 on Friday. First Capital has a 12 month low of $22.85 and a 12 month high of $37.90. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.64 and a quick ratio of 0.64. The firm has a market capitalization of $93.77 million, a PE ratio of 7.31 and a beta of 0.62. The company’s 50 day simple moving average is $28.29 and its 200 day simple moving average is $27.34.

First Capital (NASDAQ:FCAP) last issued its earnings results on Tuesday, January 30th. The savings and loans company reported $0.93 earnings per share for the quarter. The firm had revenue of $10.38 million during the quarter. First Capital had a net margin of 24.96% and a return on equity of 13.42%.

First Capital Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Friday, March 15th were given a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a yield of 3.86%. The ex-dividend date of this dividend was Thursday, March 14th. First Capital’s payout ratio is 28.20%.

Hedge Funds Weigh In On First Capital

Several institutional investors and hedge funds have recently added to or reduced their stakes in FCAP. UBS Group AG grew its holdings in shares of First Capital by 23,700.0% during the 4th quarter. UBS Group AG now owns 1,428 shares of the savings and loans company’s stock valued at $36,000 after acquiring an additional 1,422 shares in the last quarter. Bank of America Corp DE grew its holdings in shares of First Capital by 99.2% during the 1st quarter. Bank of America Corp DE now owns 1,452 shares of the savings and loans company’s stock valued at $37,000 after acquiring an additional 723 shares in the last quarter. Raymond James & Associates purchased a new position in shares of First Capital during the 4th quarter valued at $227,000. BlackRock Inc. lifted its stake in shares of First Capital by 8.2% in the 1st quarter. BlackRock Inc. now owns 9,571 shares of the savings and loans company’s stock valued at $245,000 after purchasing an additional 724 shares during the last quarter. Finally, State Street Corp lifted its stake in shares of First Capital by 10.6% in the 1st quarter. State Street Corp now owns 9,576 shares of the savings and loans company’s stock valued at $370,000 after purchasing an additional 920 shares during the last quarter. 11.65% of the stock is currently owned by hedge funds and other institutional investors.

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.