Fourthstone LLC Takes $1.82 Million Position in First Capital, Inc. (NASDAQ:FCAP)

Fourthstone LLC purchased a new stake in First Capital, Inc. (NASDAQ:FCAP - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 56,546 shares of the savings and loans company's stock, valued at approximately $1,824,000. Fourthstone LLC owned approximately 1.69% of First Capital at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Raymond James Financial Inc. acquired a new stake in shares of First Capital in the fourth quarter valued at about $292,000. Empowered Funds LLC lifted its position in shares of First Capital by 4.8% during the fourth quarter. Empowered Funds LLC now owns 14,705 shares of the savings and loans company's stock worth $469,000 after purchasing an additional 675 shares in the last quarter. Commonwealth Equity Services LLC grew its stake 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 purchasing an additional 10,204 shares in the last quarter. Geode Capital Management LLC increased 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 valued at $1,248,000 after buying an additional 1,520 shares during the last quarter. Finally, Truffle Hound Capital LLC acquired a new position in shares of First Capital during the fourth quarter valued at $1,193,000. 11.65% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on First Capital in a report on Thursday, April 17th. They issued a "hold" rating for the company.

First Capital Stock Up 1.6 %

NASDAQ:FCAP traded up $0.66 during trading hours on Tuesday, reaching $41.26. The company's stock had a trading volume of 5,823 shares, compared to its average volume of 3,323. First Capital, Inc. has a one year low of $26.73 and a one year high of $41.45. The company has a market cap of $138.41 million, a price-to-earnings ratio of 11.56 and a beta of 0.53. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.70 and a quick ratio of 0.70. The business's 50-day moving average is $37.92 and its 200-day moving average is $34.71.

First Capital (NASDAQ:FCAP - Get Free Report) last posted its quarterly earnings results 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%.

First Capital Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Friday, March 14th were paid a $0.29 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 2.81%. First Capital's dividend payout ratio (DPR) is presently 32.49%.

First Capital 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.