StockNews.com initiated coverage on shares of First Capital (NASDAQ:FCAP - Free Report) in a report published on Wednesday 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 $1.53 during trading on Wednesday, hitting $33.25. The stock had a trading volume of 1,236 shares, compared to its average volume of 2,228. The company has a current ratio of 0.68, a quick ratio of 0.67 and a debt-to-equity ratio of 0.31. First Capital has a 12 month low of $22.95 and a 12 month high of $38.00. The firm has a market cap of $111.49 million, a price-to-earnings ratio of 9.31 and a beta of 0.64. The business's 50-day moving average is $33.74 and its 200 day moving average is $31.10.
First Capital (NASDAQ:FCAP - Get Free Report) last announced its earnings results on Friday, July 26th. The savings and loans company reported $0.85 earnings per share for the quarter. The business had revenue of $10.68 million for the quarter. First Capital had a return on equity of 11.78% and a net margin of 22.04%.
First Capital Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Friday, September 13th were given a dividend of $0.29 per share. The ex-dividend date was Friday, September 13th. This is a positive change from First Capital's previous quarterly dividend of $0.27. This represents a $1.16 annualized dividend and a yield of 3.49%. First Capital's payout ratio is presently 32.49%.
Insider Transactions at First Capital
In related news, Director John Shireman acquired 1,000 shares of the stock in a transaction dated Friday, August 2nd. The shares were purchased at an average price of $31.93 per share, for a total transaction of $31,930.00. Following the transaction, the director now owns 1,000 shares in the company, valued at $31,930. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 4.39% of the company's stock.
Institutional Inflows and Outflows
An institutional investor recently raised its position in First Capital stock. Empowered Funds LLC increased its holdings in First Capital, Inc. (NASDAQ:FCAP - Free Report) by 7.6% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 12,460 shares of the savings and loans company's stock after purchasing an additional 875 shares during the quarter. Empowered Funds LLC owned 0.37% of First Capital worth $361,000 as of its most recent filing with the Securities & Exchange Commission. Institutional investors own 11.65% of the company's stock.
About First Capital
(
Get Free Report)
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.
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