First Capital (NASDAQ:FCAP) Now Covered by StockNews.com

StockNews.com assumed coverage on shares of First Capital (NASDAQ:FCAP – Get Rating) in a research note issued to investors on Thursday. The brokerage set a “hold” rating on the savings and loans company’s stock.

Separately, TheStreet cut First Capital from a “b-” rating to a “c” rating in a research report on Friday, April 8th.

First Capital stock opened at $36.00 on Thursday. First Capital has a one year low of $36.00 and a one year high of $46.68. The stock has a market capitalization of $121.50 million, a PE ratio of 10.94 and a beta of 0.04. The business’s fifty day moving average is $38.77 and its 200 day moving average is $40.12.

A number of large investors have recently made changes to their positions in FCAP. Morgan Stanley boosted its position in First Capital by 96.3% in the second quarter. Morgan Stanley now owns 1,641 shares of the savings and loans company’s stock worth $71,000 after purchasing an additional 805 shares during the last quarter. BlackRock Inc. boosted its position in First Capital by 4.4% in the fourth 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 during the last quarter. Dimensional Fund Advisors LP lifted its position in shares of 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 valued at $756,000 after buying an additional 445 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 valued at $844,000 after buying an additional 5,211 shares in the last quarter. Finally, Geode Capital Management LLC lifted 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 valued at $1,098,000 after buying an additional 245 shares in the last quarter. 12.44% of the stock is currently owned by institutional investors and hedge funds.

About First Capital (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.

Further Reading