First Capital, Inc. (NASDAQ:FCAP) Shares Bought by Truffle Hound Capital LLC

Key Points

• Truffle Hound Capital LLC increased its stake in First Capital, Inc. by 35.1% during the first quarter, reaching a total of 50,000 shares valued at approximately $1.9 million.
• First Capital recently reported earnings of $1.13 per share with a net margin of 21.45% and a return on equity of 11.23% for the last quarter.
• The company declared a quarterly dividend of $0.29 per share, translating to an annualized dividend of $1.16 and a yield of 3.3%.

Truffle Hound Capital LLC increased its position in First Capital, Inc. (NASDAQ:FCAP - Free Report) by 35.1% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 50,000 shares of the savings and loans company's stock after purchasing an additional 13,000 shares during the period. Truffle Hound Capital LLC owned approximately 1.49% of First Capital worth $1,908,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Barlow Wealth Partners Inc. bought a new stake in shares of First Capital during the first quarter worth $200,000. Raymond James Financial Inc. bought a new stake in shares of First Capital during the fourth quarter worth $292,000. Dimensional Fund Advisors LP lifted its position in shares of First Capital by 7.8% during the fourth quarter. Dimensional Fund Advisors LP now owns 19,939 shares of the savings and loans company's stock worth $636,000 after purchasing an additional 1,440 shares during the last quarter. Commonwealth Equity Services LLC lifted its position in shares of First Capital by 91.8% during the fourth quarter. Commonwealth Equity Services LLC now owns 21,319 shares of the savings and loans company's stock worth $688,000 after purchasing an additional 10,204 shares during the last quarter. Finally, Bridgeway Capital Management LLC lifted its position in shares of First Capital by 2.3% during the fourth quarter. Bridgeway Capital Management LLC now owns 29,740 shares of the savings and loans company's stock worth $949,000 after purchasing an additional 675 shares during the last quarter. Institutional investors own 11.65% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen began coverage on shares of First Capital in a report on Thursday, April 17th. They issued a "hold" rating for the company.

First Capital Stock Performance

Shares of NASDAQ:FCAP traded down $0.42 during midday trading on Friday, reaching $35.10. 5,899 shares of the company's stock traded hands, compared to its average volume of 7,753. First Capital, Inc. has a 1 year low of $28.50 and a 1 year high of $53.85. The company has a market cap of $117.94 million, a P/E ratio of 8.91 and a beta of 0.69. The company has a fifty day simple moving average of $42.74 and a two-hundred day simple moving average of $40.50.

First Capital (NASDAQ:FCAP - Get Free Report) last released its quarterly earnings results on Friday, July 25th. The savings and loans company reported $1.13 earnings per share for the quarter. The business had revenue of $12.43 million during the quarter. First Capital had a return on equity of 11.23% and a net margin of 21.45%.

First Capital Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 27th. Stockholders of record on Friday, June 13th were issued a $0.29 dividend. The ex-dividend date of this dividend was Friday, June 13th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 3.3%. First Capital's payout ratio is presently 29.44%.

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.