First Capital (NASDAQ:FCAP) Downgraded to “C” at TheStreet

First Capital (NASDAQ:FCAPGet Rating) was downgraded by equities research analysts at TheStreet from a “b-” rating to a “c” rating in a report released on Friday, TheStreetRatingsTable reports.

Separately, StockNews.com initiated coverage on shares of First Capital in a research report on Monday. They issued a “hold” rating on the stock.

Shares of FCAP opened at $38.70 on Friday. The business has a 50-day moving average of $39.67. First Capital has a 1-year low of $38.11 and a 1-year high of $48.76. The stock has a market cap of $130.42 million, a PE ratio of 11.32 and a beta of -0.01.

First Capital (NASDAQ:FCAPGet Rating) last issued its earnings results on Thursday, January 27th. The savings and loans company reported $0.84 EPS for the quarter. The firm had revenue of $9.31 million for the quarter. First Capital had a return on equity of 10.14% and a net margin of 29.28%.

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Alliancebernstein L.P. raised its holdings in First Capital by 64.9% in the 3rd quarter. Alliancebernstein L.P. now owns 64,821 shares of the savings and loans company’s stock valued at $2,643,000 after acquiring an additional 25,517 shares during the period. Geode Capital Management LLC boosted its position in shares of First Capital by 0.9% during the 3rd quarter. Geode Capital Management LLC now owns 26,926 shares of the savings and loans company’s stock worth $1,098,000 after acquiring an additional 245 shares in the last quarter. Axiom Financial Strategies LLC lifted its position in shares of First Capital by 33.4% during the 4th quarter. Axiom Financial Strategies LLC now owns 20,836 shares of the savings and loans company’s stock worth $844,000 after buying an additional 5,211 shares during the last quarter. Dimensional Fund Advisors LP increased its position in First Capital by 2.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 18,917 shares of the savings and loans company’s stock worth $756,000 after purchasing an additional 445 shares in the last quarter. Finally, BlackRock Inc. increased its holdings in First Capital by 4.4% in the 4th quarter. BlackRock Inc. now owns 10,036 shares of the savings and loans company’s stock worth $406,000 after purchasing an additional 421 shares in the last quarter. 12.67% of the stock is owned by institutional investors and hedge funds.

First Capital Company Profile (Get Rating)

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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