StockNews.com Begins Coverage on First Capital (NASDAQ:FCAP)

Research analysts at StockNews.com assumed coverage on shares of First Capital (NASDAQ:FCAP - Get Free Report) in a report issued on Tuesday. The brokerage set a "hold" rating on the savings and loans company's stock.

First Capital Price Performance

Shares of FCAP traded up $0.10 during midday trading on Tuesday, reaching $38.05. The stock had a trading volume of 9,308 shares, compared to its average volume of 2,934. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 0.29. The company has a market capitalization of $127.54 million, a price-to-earnings ratio of 10.66 and a beta of 0.52. The company's 50-day moving average is $36.09 and its 200 day moving average is $34.35. First Capital has a 12-month low of $26.73 and a 12-month high of $39.40.

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 for the quarter. First Capital had a return on equity of 10.84% and a net margin of 20.54%.

Institutional Trading of First Capital

Several institutional investors have recently added to or reduced their stakes in the business. Raymond James Financial Inc. purchased a new stake in First Capital during the 4th quarter valued at about $292,000. Empowered Funds LLC lifted its position in First Capital by 4.8% in the fourth quarter. Empowered Funds LLC now owns 14,705 shares of the savings and loans company's stock valued at $469,000 after purchasing an additional 675 shares during the last quarter. 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 valued at $636,000 after purchasing an additional 1,440 shares during the last quarter. Commonwealth Equity Services LLC boosted its stake in shares of First Capital by 91.8% during the fourth 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 during the period. Finally, Bridgeway Capital Management LLC grew its holdings in shares of First Capital by 2.3% in the fourth quarter. Bridgeway Capital Management LLC now owns 29,740 shares of the savings and loans company's stock worth $949,000 after purchasing an additional 675 shares during the last quarter. 11.65% of the stock is currently owned by hedge funds and other institutional investors.

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.