First Capital (NASDAQ:FCAP) Upgraded at Colliers Securities

First Capital (NASDAQ:FCAP) was upgraded by Colliers Securities to a “moderate buy” rating in a report issued on Thursday,Zacks.com reports.

FCAP has been the topic of several other research reports. Weiss Ratings raised First Capital from a “hold (c)” rating to a “buy (b)” rating in a research note on Friday, March 20th. Wall Street Zen raised First Capital to a “hold” rating in a research note on Saturday, January 10th. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company currently has an average rating of “Buy”.

First Capital Price Performance

NASDAQ:FCAP opened at $54.50 on Thursday. First Capital has a fifty-two week low of $33.73 and a fifty-two week high of $71.00. The stock’s 50-day moving average is $50.93 and its two-hundred day moving average is $50.77. The stock has a market cap of $182.58 million, a PE ratio of 11.12 and a beta of 0.62.

First Capital (NASDAQ:FCAP) last released its earnings results on Friday, January 23rd. The savings and loans company reported $1.46 earnings per share for the quarter. First Capital had a return on equity of 12.57% and a net margin of 25.06%.The company had revenue of $13.49 million for the quarter.

Institutional Investors Weigh In On First Capital

Several institutional investors and hedge funds have recently added to or reduced their stakes in FCAP. Russell Investments Group Ltd. lifted its holdings in First Capital by 105.2% in the 4th quarter. Russell Investments Group Ltd. now owns 554 shares of the savings and loans company’s stock worth $33,000 after purchasing an additional 284 shares during the last quarter. CWM LLC lifted its holdings in First Capital by 34.4% in the 3rd quarter. CWM LLC now owns 997 shares of the savings and loans company’s stock worth $46,000 after purchasing an additional 255 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in First Capital by 30,940.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,552 shares of the savings and loans company’s stock worth $64,000 after purchasing an additional 1,547 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in First Capital in the 2nd quarter worth approximately $74,000. Finally, Bank of America Corp DE lifted its holdings in First Capital by 215.8% in the 2nd quarter. Bank of America Corp DE now owns 2,122 shares of the savings and loans company’s stock worth $88,000 after purchasing an additional 1,450 shares during the last quarter. 11.65% of the stock is currently owned by institutional investors and hedge funds.

About First Capital

First Capital, Inc is a closed-end, non-diversified management investment company organized as a business development company (BDC) under the Investment Company Act of 1940. Listed on the NASDAQ under the ticker FCAP, the firm specializes in providing debt and equity financing solutions to U.S. middle-market companies. External management is provided by First Capital Asset Management, LLC, leveraging senior credit expertise to structure tailored financing that supports growth initiatives, recapitalizations and acquisitions.

The company’s investment portfolio comprises senior secured loans, second-lien and subordinated debt, as well as equity co-investments.