Raymond James Financial Inc. Takes Position in First Capital, Inc. (NASDAQ:FCAP)

Raymond James Financial Inc. purchased a new position in shares of First Capital, Inc. (NASDAQ:FCAP - Free Report) in the fourth quarter, according to its most recent filing with the SEC. The firm purchased 9,056 shares of the savings and loans company's stock, valued at approximately $292,000. Raymond James Financial Inc. owned 0.27% of First Capital at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Empowered Funds LLC lifted its position in shares of First Capital by 4.8% during the 4th quarter. Empowered Funds LLC now owns 14,705 shares of the savings and loans company's stock worth $469,000 after buying an additional 675 shares in the last quarter. Commonwealth Equity Services LLC grew its stake in First Capital by 91.8% in the 4th quarter. Commonwealth Equity Services LLC now owns 21,319 shares of the savings and loans company's stock valued at $688,000 after buying an additional 10,204 shares in the last quarter. Finally, Truffle Hound Capital LLC purchased a new position in First Capital in the 4th quarter valued at approximately $1,193,000. 11.65% of the stock is currently owned by institutional investors and hedge funds.

First Capital Price Performance

NASDAQ:FCAP traded up $0.97 during mid-day trading on Friday, reaching $48.57. The stock had a trading volume of 655 shares, compared to its average volume of 4,284. The firm has a 50 day moving average price of $41.97 and a two-hundred day moving average price of $36.27. The stock has a market capitalization of $162.95 million, a P/E ratio of 13.61 and a beta of 0.71. First Capital, Inc. has a one year low of $27.10 and a one year high of $53.85. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.70 and a current ratio of 0.70.

First Capital (NASDAQ:FCAP - Get Free Report) last posted its quarterly earnings results on Friday, April 25th. The savings and loans company reported $0.97 earnings per share (EPS) for the quarter. First Capital had a net margin of 20.54% and a return on equity of 10.84%. The business had revenue of $11.43 million during the quarter.

First Capital Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, March 14th were given a dividend of $0.29 per share. The ex-dividend date of this dividend was Friday, March 14th. This represents a $1.16 annualized dividend and a yield of 2.39%. First Capital's payout ratio is 31.69%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com began coverage on shares of First Capital in a research report on Thursday, April 17th. They set a "hold" rating for the company.

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.