First Capital (NASDAQ:FCAP) Now Covered by StockNews.com

StockNews.com started coverage on shares of First Capital (NASDAQ:FCAP - Free Report) in a research note released on Sunday morning. The brokerage issued a hold rating on the savings and loans company's stock.

First Capital Trading Down 1.7 %

NASDAQ:FCAP traded down $0.55 during mid-day trading on Friday, reaching $31.38. 5,094 shares of the company's stock traded hands, compared to its average volume of 5,306. The firm has a market capitalization of $105.19 million, a price-to-earnings ratio of 8.89 and a beta of 0.57. First Capital has a 12-month low of $26.03 and a 12-month high of $38.00. The company has a 50 day moving average price of $32.01 and a 200-day moving average price of $32.62. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.70 and a quick ratio of 0.70.

First Capital (NASDAQ:FCAP - Get Free Report) last released its quarterly earnings results on Friday, October 25th. The savings and loans company reported $0.87 earnings per share 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.

First Capital Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, December 27th. Shareholders of record on Friday, December 13th were issued a dividend of $0.29 per share. The ex-dividend date was Friday, December 13th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 3.70%. First Capital's dividend payout ratio (DPR) is 32.86%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in FCAP. Empowered Funds LLC lifted its position in 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 valued at $490,000 after buying an additional 670 shares during the period. Geode Capital Management LLC grew its holdings 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 worth $1,248,000 after purchasing an additional 1,520 shares during the period. Finally, Siena Capital Partners GP LLC increased its stake in shares of First Capital by 17.4% during the third 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 in the last quarter. Hedge funds and other institutional investors own 11.65% of the company's stock.

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.