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

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

First Capital Price Performance

Shares of FCAP stock opened at $32.00 on Friday. First Capital has a 52 week low of $26.03 and a 52 week high of $38.00. The stock has a market capitalization of $107.26 million, a PE ratio of 9.07 and a beta of 0.57. 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 stock’s fifty day moving average is $32.33 and its 200-day moving average is $32.58.

First Capital (NASDAQ:FCAP) last issued its quarterly earnings data on Friday, October 25th. The savings and loans company reported $0.87 EPS for the quarter. First Capital had a net margin of 20.87% and a return on equity of 10.82%. The firm had revenue of $10.93 million for the quarter.

Institutional Investors Weigh In On First Capital

Hedge funds and other institutional investors have recently made changes to their positions in the company. Empowered Funds LLC boosted its holdings in First Capital by 5.0% in the third quarter. Empowered Funds LLC now owns 14,030 shares of the savings and loans company’s stock valued at $490,000 after acquiring an additional 670 shares during the last quarter. Siena Capital Partners GP LLC lifted its position in First Capital by 17.4% during 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 during the period. Finally, Geode Capital Management LLC boosted its stake in shares of 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. 11.65% of the stock is owned by institutional investors and hedge funds.

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.