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

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

First Capital Price Performance

Shares of First Capital stock traded down $0.20 on Friday, hitting $37.80. 4,192 shares of the company traded hands, compared to its average volume of 2,685. First Capital has a 12-month low of $26.73 and a 12-month high of $39.40. The firm's 50-day simple moving average is $33.82 and its 200 day simple moving average is $33.55. The company has a market cap of $126.70 million, a P/E ratio of 10.59 and a beta of 0.52. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 0.29.

First Capital (NASDAQ:FCAP - Get Free Report) last released its quarterly earnings results on Friday, January 24th. The savings and loans company reported $0.97 earnings per share for the quarter. First Capital had a return on equity of 10.84% and a net margin of 20.54%.

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First Capital Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, March 14th will be issued a $0.29 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 3.07%. First Capital's payout ratio is 32.49%.

Institutional Investors Weigh In On First Capital

A number of institutional investors have recently made changes to their positions in FCAP. Raymond James Financial Inc. bought a new stake in First Capital in the fourth quarter worth $292,000. Empowered Funds LLC increased its holdings in shares of First Capital by 4.8% in the fourth quarter. Empowered Funds LLC now owns 14,705 shares of the savings and loans company's stock worth $469,000 after buying an additional 675 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of 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 acquiring an additional 1,440 shares during the last quarter. Commonwealth Equity Services LLC boosted its holdings in First Capital by 91.8% during the 4th quarter. Commonwealth Equity Services LLC now owns 21,319 shares of the savings and loans company's stock valued at $688,000 after acquiring an additional 10,204 shares during the period. Finally, Bridgeway Capital Management LLC boosted its holdings in First Capital by 2.3% during 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 acquiring an additional 675 shares during the period. 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.