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

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

First Capital Price Performance

Shares of NASDAQ:FCAP opened at $37.64 on Monday. First Capital has a one year low of $26.73 and a one year high of $39.40. The stock has a market capitalization of $126.15 million, a price-to-earnings ratio of 10.54 and a beta of 0.52. The company has a 50-day simple moving average of $35.05 and a 200-day simple moving average of $34.04. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.70 and a current ratio of 0.70.

First Capital (NASDAQ:FCAP) last posted its quarterly earnings data on Friday, January 24th. The savings and loans company reported $0.97 EPS for the quarter. First Capital had a return on equity of 10.84% and a net margin of 20.54%.

Hedge Funds Weigh In On First Capital

A number of large investors have recently bought and sold shares of the company. Empowered Funds LLC increased its stake 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 acquiring an additional 670 shares during the period. Bridgeway Capital Management LLC boosted its holdings in First Capital by 2.3% in the 4th quarter. Bridgeway Capital Management LLC now owns 29,740 shares of the savings and loans company’s stock valued at $949,000 after purchasing an additional 675 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in First Capital by 7.8% in the 4th quarter. Dimensional Fund Advisors LP now owns 19,939 shares of the savings and loans company’s stock valued at $636,000 after purchasing an additional 1,440 shares in the last quarter. Geode Capital Management LLC increased its position in First Capital by 4.4% during the 3rd quarter. Geode Capital Management LLC now owns 35,687 shares of the savings and loans company’s stock worth $1,248,000 after purchasing an additional 1,520 shares during the period. Finally, Raymond James Financial Inc. purchased a new position in shares of First Capital during the 4th quarter worth approximately $292,000. Hedge funds and other institutional investors 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.