StockNews.com Begins Coverage on First Capital (NASDAQ:FCAP)
StockNews.com has initiated coverage on First Capital (NASDAQ:FCAP), assigning a "hold" rating. The stock opened at $38.04, with a market cap of $127.51 million and a P/E ratio of 10.66. First Capital reported $0.97 EPS in its last quarterly earnings. Institutional investors have been active, with several increasing their stakes. Currently, 11.65% of the stock is held by hedge funds and institutional investors. Despite the hold rating, analysts suggest there are better investment options available.
Research analysts at StockNews.com assumed coverage on shares of First Capital (NASDAQ:FCAP - Get Free Report) in a research note issued to investors on Monday. The brokerage set a "hold" rating on the savings and loans company's stock.
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First Capital Stock Down 0.1 %
Shares of FCAP opened at $38.04 on Monday. The firm has a market cap of $127.51 million, a P/E ratio of 10.66 and a beta of 0.52. First Capital has a 12-month low of $26.73 and a 12-month high of $39.40. The company's 50-day moving average price is $34.82 and its 200 day moving average price is $33.96. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 0.29.
First Capital (NASDAQ:FCAP - Get Free Report) last issued its quarterly earnings data on Friday, January 24th. 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%.
Institutional Trading of First Capital
A number of institutional investors and hedge funds have recently bought and sold shares of the business. Empowered Funds LLC increased its stake in First Capital by 5.0% during the third quarter. Empowered Funds LLC now owns 14,030 shares of the savings and loans company's stock worth $490,000 after purchasing an additional 670 shares during the period. Bridgeway Capital Management LLC increased its stake 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 buying an additional 675 shares during the period. Dimensional Fund Advisors LP increased its stake 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 buying an additional 1,440 shares during the period. Geode Capital Management LLC increased its stake in shares of First Capital by 4.4% during the third quarter. Geode Capital Management LLC now owns 35,687 shares of the savings and loans company's stock worth $1,248,000 after buying an additional 1,520 shares during the period. Finally, Raymond James Financial Inc. purchased a new stake in shares of First Capital during the fourth quarter worth approximately $292,000. 11.65% of the stock is currently owned by hedge funds and other institutional investors.
First Capital Company Profile
(Get Free Report)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.
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