First Capital (NASDAQ:FCAP) Receives New Coverage from Analysts at StockNews.com

StockNews.com assumed coverage on shares of First Capital (NASDAQ:FCAP - Free Report) in a research report sent to investors on Friday morning. The brokerage issued a hold rating on the savings and loans company's stock.

First Capital Stock Performance

Shares of NASDAQ:FCAP traded down $0.36 during trading on Friday, hitting $28.55. 2,041 shares of the company traded hands, compared to its average volume of 1,312. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.31. The business's fifty day moving average is $28.29 and its 200-day moving average is $27.30. The stock has a market capitalization of $95.67 million, a price-to-earnings ratio of 7.45 and a beta of 0.62. First Capital has a one year low of $22.85 and a one year high of $37.90.

First Capital (NASDAQ:FCAP - Get Free Report) last issued its quarterly earnings data on Tuesday, January 30th. The savings and loans company reported $0.93 earnings per share (EPS) for the quarter. The business had revenue of $10.38 million during the quarter. First Capital had a return on equity of 13.91% and a net margin of 24.96%.

First Capital Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 29th. Shareholders of record on Friday, March 15th will be given a $0.27 dividend. The ex-dividend date is Thursday, March 14th. This represents a $1.08 dividend on an annualized basis and a yield of 3.78%. First Capital's dividend payout ratio (DPR) is 28.20%.

Institutional Investors Weigh In On First Capital

A number of institutional investors and hedge funds have recently modified their holdings of FCAP. Dimensional Fund Advisors LP raised its stake in First Capital by 3.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 20,660 shares of the savings and loans company's stock valued at $564,000 after purchasing an additional 622 shares during the period. Bank of America Corp DE boosted its holdings in First Capital by 99.2% during the first quarter. Bank of America Corp DE now owns 1,452 shares of the savings and loans company's stock valued at $37,000 after acquiring an additional 723 shares during the period. BlackRock Inc. lifted its stake in shares of First Capital by 8.2% in the first quarter. BlackRock Inc. now owns 9,571 shares of the savings and loans company's stock valued at $245,000 after buying an additional 724 shares during the period. State Street Corp lifted its stake in shares of First Capital by 10.6% in the first quarter. State Street Corp now owns 9,576 shares of the savings and loans company's stock valued at $370,000 after buying an additional 920 shares during the period. Finally, Vanguard Group Inc. lifted its stake in First Capital by 0.9% during the fourth quarter. Vanguard Group Inc. now owns 104,081 shares of the savings and loans company's stock worth $2,904,000 after purchasing an additional 957 shares during the period. Institutional investors and hedge funds own 11.65% of the company's stock.

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.