First Capital (NASDAQ:FCAP) Earns Hold Rating from Analysts at StockNews.com

StockNews.com initiated coverage on shares of First Capital (NASDAQ:FCAP) in a research note issued on Tuesday. The brokerage set a “hold” rating on the savings and loans company’s stock.

First Capital Stock Up 1.6 %

Shares of FCAP stock opened at $30.80 on Tuesday. The company has a market capitalization of $103.24 million, a price-to-earnings ratio of 8.73 and a beta of 0.58. 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 company’s fifty day moving average price is $34.06 and its 200-day moving average price is $32.29. First Capital has a one year low of $24.40 and a one year high of $38.00.

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

Hedge Funds Weigh In On First Capital

A number of hedge funds and other institutional investors have recently modified their holdings of FCAP. Siena Capital Partners GP LLC increased its holdings 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 during the last quarter. Geode Capital Management LLC grew its position 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 in the last quarter. Finally, Empowered Funds LLC lifted its position 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 worth $490,000 after buying an additional 670 shares in the last quarter. 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.