First Capital (NASDAQ:FCAP) Stock Passes Above 200 Day Moving Average - Time to Sell?

Shares of First Capital, Inc. (NASDAQ:FCAP - Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $37.96 and traded as high as $45.48. First Capital shares last traded at $45.02, with a volume of 5,751 shares trading hands.

Analysts Set New Price Targets

Separately, Wall Street Zen assumed coverage on shares of First Capital in a research report on Thursday, April 17th. They set a "hold" rating on the stock.

First Capital Trading Down 1.8%

The firm has a market cap of $153.02 million, a P/E ratio of 12.78 and a beta of 0.67. The stock has a fifty day simple moving average of $45.85 and a 200 day simple moving average of $38.20. 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 earnings results on Friday, April 25th. The savings and loans company reported $0.97 EPS for the quarter. The business had revenue of $11.43 million during the quarter. First Capital had a return on equity of 10.84% and a net margin of 20.54%.

First Capital Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 27th. Shareholders of record on Friday, June 13th will be issued a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a dividend yield of 2.54%. The ex-dividend date is Friday, June 13th. First Capital's payout ratio is 31.69%.

Institutional Trading of First Capital

Institutional investors and hedge funds have recently modified their holdings of the business. Jones Financial Companies Lllp grew its holdings in shares of First Capital by 3,288.0% in the first quarter. Jones Financial Companies Lllp now owns 3,388 shares of the savings and loans company's stock worth $129,000 after acquiring an additional 3,288 shares during the period. Barlow Wealth Partners Inc. bought a new stake in First Capital during the first quarter valued at about $200,000. Raymond James Financial Inc. bought a new stake in First Capital during the fourth quarter valued at about $292,000. Empowered Funds LLC grew its holdings in First Capital by 4.8% during the fourth quarter. Empowered Funds LLC now owns 14,705 shares of the savings and loans company's stock valued at $469,000 after purchasing an additional 675 shares during the period. Finally, Dimensional Fund Advisors LP grew its holdings in 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 valued at $636,000 after purchasing an additional 1,440 shares during the period. Institutional investors 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.