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

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

First Capital Stock Down 2.6 %

FCAP stock opened at $30.50 on Tuesday. The firm’s fifty day simple moving average is $34.28 and its 200-day simple moving average is $32.30. The company has a market capitalization of $102.18 million, a P/E ratio of 8.64 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. First Capital has a 12 month low of $24.40 and a 12 month high of $38.00.

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

Institutional Investors Weigh In On First Capital

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Empowered Funds LLC raised 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 valued at $490,000 after buying an additional 670 shares during the last quarter. Geode Capital Management LLC boosted its position in 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 worth $1,248,000 after acquiring an additional 1,520 shares during the last quarter. Finally, Siena Capital Partners GP LLC grew its stake in First Capital by 17.4% during 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. Institutional investors and hedge funds 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.