First Capital (NASDAQ:FCAP) Now Covered by StockNews.com

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

First Capital Stock Down 0.5 %

Shares of FCAP opened at $35.80 on Friday. The company has a market capitalization of $120.04 million, a price-to-earnings ratio of 10.03 and a beta of 0.63. First Capital has a 52 week low of $22.95 and a 52 week high of $38.00. The stock’s 50-day moving average price is $32.23 and its 200-day moving average price is $30.23. The company has a quick ratio of 0.67, a current ratio of 0.68 and a debt-to-equity ratio of 0.31.

First Capital (NASDAQ:FCAP) last released its quarterly earnings data on Friday, July 26th. The savings and loans company reported $0.85 EPS for the quarter. The business had revenue of $10.68 million for the quarter. First Capital had a return on equity of 11.78% and a net margin of 22.04%.

Insider Transactions at First Capital

In other First Capital news, Director John Shireman purchased 1,000 shares of the business’s stock in a transaction that occurred on Friday, August 2nd. The stock was purchased at an average price of $31.93 per share, for a total transaction of $31,930.00. Following the purchase, the director now directly owns 1,000 shares in the company, valued at $31,930. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 4.39% of the company’s stock.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in First Capital stock. Empowered Funds LLC increased its stake in shares of First Capital, Inc. (NASDAQ:FCAP) by 7.6% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 12,460 shares of the savings and loans company’s stock after purchasing an additional 875 shares during the period. Empowered Funds LLC owned 0.37% of First Capital worth $361,000 as of its most recent filing with the Securities & Exchange Commission. 11.65% of the stock is currently owned by hedge funds and other institutional investors.

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.