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

StockNews.com initiated coverage on shares of First Capital (NASDAQ:FCAP - Free Report) in a research report sent to investors on Wednesday. The brokerage issued a hold rating on the savings and loans company's stock.

First Capital Price Performance

NASDAQ:FCAP traded up $0.08 on Wednesday, reaching $30.00. The stock had a trading volume of 5,423 shares, compared to its average volume of 2,418. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 0.29. The company has a market capitalization of $100.56 million, a P/E ratio of 8.50 and a beta of 0.58. First Capital has a 1-year low of $25.71 and a 1-year high of $38.00. The stock has a fifty day moving average price of $33.44 and a 200-day moving average price of $32.29.

First Capital (NASDAQ:FCAP - Get Free Report) last announced its earnings results on Friday, October 25th. The savings and loans company reported $0.87 EPS for the quarter. First Capital had a return on equity of 10.82% and a net margin of 20.87%. The business had revenue of $10.93 million for the quarter.

First Capital Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Stockholders of record on Friday, December 13th will be paid a $0.29 dividend. The ex-dividend date is Friday, December 13th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 3.87%. First Capital's dividend payout ratio (DPR) is presently 32.86%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Siena Capital Partners GP LLC increased its position in First Capital by 17.4% in the 3rd 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 acquiring an additional 15,277 shares in the last quarter. Geode Capital Management LLC grew 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 valued at $1,248,000 after purchasing an additional 1,520 shares during the last quarter. Finally, Empowered Funds LLC increased its holdings in shares of First Capital by 5.0% in the third quarter. Empowered Funds LLC now owns 14,030 shares of the savings and loans company's stock valued at $490,000 after purchasing an additional 670 shares in the last quarter. Institutional investors and hedge funds own 11.65% of the company's stock.

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.