Raymond James Financial Inc. Makes New Investment in First Capital, Inc. (NASDAQ:FCAP)

Raymond James Financial Inc. bought a new position in shares of First Capital, Inc. (NASDAQ:FCAP - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 9,056 shares of the savings and loans company's stock, valued at approximately $292,000. Raymond James Financial Inc. owned 0.27% of First Capital at the end of the most recent reporting period.

Separately, Geode Capital Management LLC increased its stake in shares of First Capital by 4.4% during 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 acquiring an additional 1,520 shares during the period. 11.65% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, StockNews.com assumed coverage on First Capital in a report on Wednesday, April 9th. They issued a "hold" rating on the stock.

First Capital Trading Up 1.7 %

FCAP stock traded up $0.68 during midday trading on Wednesday, hitting $40.62. The stock had a trading volume of 1,204 shares, compared to its average volume of 3,192. The company's 50-day moving average price is $37.39 and its 200 day moving average price is $34.58. First Capital, Inc. has a 12-month low of $26.73 and a 12-month high of $41.23. The firm has a market cap of $136.28 million, a PE ratio of 11.38 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.

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

First Capital Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Friday, March 14th were issued a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a dividend yield of 2.86%. The ex-dividend date was Friday, March 14th. First Capital's payout ratio is currently 32.49%.

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.