Siena Capital Partners GP LLC Sells 26,498 Shares of First Capital, Inc. $FCAP

Siena Capital Partners GP LLC lessened its position in First Capital, Inc. (NASDAQ:FCAP) by 28.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 66,559 shares of the savings and loans company’s stock after selling 26,498 shares during the quarter. Siena Capital Partners GP LLC owned about 1.99% of First Capital worth $3,940,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the company. Farther Finance Advisors LLC increased its holdings in shares of First Capital by 101.3% during the 4th quarter. Farther Finance Advisors LLC now owns 49,180 shares of the savings and loans company’s stock worth $2,911,000 after purchasing an additional 24,750 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of First Capital by 81.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,809 shares of the savings and loans company’s stock worth $129,000 after purchasing an additional 1,257 shares during the period. Stock Yards Bank & Trust Co. increased its holdings in shares of First Capital by 4.4% during the 4th quarter. Stock Yards Bank & Trust Co. now owns 4,822 shares of the savings and loans company’s stock worth $285,000 after purchasing an additional 202 shares during the period. Stratos Wealth Partners LTD. bought a new position in shares of First Capital during the 3rd quarter worth about $401,000. Finally, Bank of America Corp DE increased its holdings in shares of First Capital by 57.7% during the 3rd quarter. Bank of America Corp DE now owns 3,347 shares of the savings and loans company’s stock worth $153,000 after purchasing an additional 1,225 shares during the period. Institutional investors own 11.65% of the company’s stock.

First Capital Stock Performance

Shares of First Capital stock opened at $66.14 on Monday. The firm’s 50-day simple moving average is $54.83 and its 200-day simple moving average is $53.87. First Capital, Inc. has a twelve month low of $33.73 and a twelve month high of $71.00. The firm has a market cap of $221.57 million, a P/E ratio of 12.65 and a beta of 0.71.

First Capital (NASDAQ:FCAP) last issued its earnings results on Friday, April 24th. The savings and loans company reported $1.30 earnings per share for the quarter. First Capital had a net margin of 26.03% and a return on equity of 12.82%. The business had revenue of $13.47 million for the quarter.

First Capital Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Friday, June 12th will be given a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 1.9%. The ex-dividend date is Friday, June 12th. First Capital’s payout ratio is 23.71%.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. Colliers Securities upgraded shares of First Capital to a “moderate buy” rating in a report on Thursday, April 16th. Weiss Ratings downgraded shares of First Capital from a “buy (b)” rating to a “hold (c)” rating in a report on Tuesday, April 21st. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

First Capital Company Profile

First Capital, Inc is a closed-end, non-diversified management investment company organized as a business development company (BDC) under the Investment Company Act of 1940. Listed on the NASDAQ under the ticker FCAP, the firm specializes in providing debt and equity financing solutions to U.S. middle-market companies. External management is provided by First Capital Asset Management, LLC, leveraging senior credit expertise to structure tailored financing that supports growth initiatives, recapitalizations and acquisitions.

The company’s investment portfolio comprises senior secured loans, second-lien and subordinated debt, as well as equity co-investments.