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

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

First Capital Stock Down 1.7 %

Shares of NASDAQ FCAP opened at $31.38 on Friday. First Capital has a 52-week low of $26.03 and a 52-week 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 company’s 50 day moving average price is $32.01 and its 200-day moving average price is $32.63. The company has a market capitalization of $105.12 million, a P/E ratio of 8.89 and a beta of 0.57.

First Capital (NASDAQ:FCAP) last issued its quarterly earnings results 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 business had revenue of $10.93 million for the quarter.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Siena Capital Partners GP LLC raised its stake 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 worth $3,602,000 after buying an additional 15,277 shares during the period. Geode Capital Management LLC grew its stake in First Capital by 4.4% in the third quarter. Geode Capital Management LLC now owns 35,687 shares of the savings and loans company’s stock valued at $1,248,000 after acquiring an additional 1,520 shares during the period. Finally, Empowered Funds LLC raised its position in shares of First Capital by 5.0% during the third quarter. Empowered Funds LLC now owns 14,030 shares of the savings and loans company’s stock worth $490,000 after purchasing an additional 670 shares during the period. 11.65% of the stock is owned by 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.