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

Investment analysts at StockNews.com initiated coverage on shares of First Capital (NASDAQ:FCAP - Get Free Report) in a research report issued to clients and investors on Monday. The brokerage set a "hold" rating on the savings and loans company's stock.

First Capital Price Performance

Shares of FCAP stock traded up $0.23 during trading hours on Monday, hitting $38.10. The stock had a trading volume of 2,668 shares, compared to its average volume of 2,832. 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 stock has a market capitalization of $127.71 million, a price-to-earnings ratio of 10.67 and a beta of 0.52. First Capital has a one year low of $26.73 and a one year high of $39.40. The stock's 50-day moving average price is $35.19 and its two-hundred day moving average price is $34.06.

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

Remove Ads

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Bridgeway Capital Management LLC raised its position in First Capital by 2.3% during the fourth quarter. Bridgeway Capital Management LLC now owns 29,740 shares of the savings and loans company's stock valued at $949,000 after purchasing an additional 675 shares during the period. Dimensional Fund Advisors LP lifted its position in First Capital by 7.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 19,939 shares of the savings and loans company's stock worth $636,000 after buying an additional 1,440 shares during the last quarter. Fourthstone LLC purchased a new position in First Capital during the fourth quarter worth $1,824,000. Raymond James Financial Inc. bought a new position in First Capital during the fourth quarter valued at $292,000. Finally, Truffle Hound Capital LLC bought a new position in First Capital during the 4th quarter valued at about $1,193,000. 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.