First Capital (NASDAQ:FCAP) Upgraded at Colliers Securities

Colliers Securities upgraded shares of First Capital (NASDAQ:FCAP) to a moderate buy rating in a research report report published on Thursday morning,Zacks.com reports.

Several other research analysts have also commented on FCAP. Wall Street Zen raised First Capital to a “hold” rating in a report on Saturday, January 10th. Weiss Ratings raised First Capital from a “hold (c)” rating to a “buy (b)” rating in a report on Friday, March 20th. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has an average rating of “Buy”.

First Capital Trading Up 3.6%

Shares of NASDAQ FCAP opened at $54.50 on Thursday. First Capital has a 12 month low of $33.73 and a 12 month high of $71.00. The firm has a market capitalization of $182.30 million, a price-to-earnings ratio of 11.12 and a beta of 0.62. The business has a 50-day moving average of $50.93 and a 200-day moving average of $50.80.

First Capital (NASDAQ:FCAP) last issued its quarterly earnings data on Friday, January 23rd. The savings and loans company reported $1.46 EPS for the quarter. First Capital had a return on equity of 12.57% and a net margin of 25.06%.The company had revenue of $13.49 million during the quarter.

First Capital Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Friday, March 13th were paid a $0.31 dividend. The ex-dividend date of this dividend was Friday, March 13th. This represents a $1.24 annualized dividend and a yield of 2.3%. First Capital’s dividend payout ratio is currently 25.31%.

Institutional Trading of First Capital

Several hedge funds and other institutional investors have recently bought and sold shares of FCAP. Russell Investments Group Ltd. boosted its stake in First Capital by 105.2% in the fourth quarter. Russell Investments Group Ltd. now owns 554 shares of the savings and loans company’s stock worth $33,000 after buying an additional 284 shares in the last quarter. CWM LLC boosted its stake in First Capital by 34.4% in the third quarter. CWM LLC now owns 997 shares of the savings and loans company’s stock worth $46,000 after buying an additional 255 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in First Capital by 30,940.0% in the second quarter. JPMorgan Chase & Co. now owns 1,552 shares of the savings and loans company’s stock worth $64,000 after buying an additional 1,547 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in First Capital in the second quarter worth approximately $74,000. Finally, Bank of America Corp DE boosted its stake in First Capital by 215.8% in the second quarter. Bank of America Corp DE now owns 2,122 shares of the savings and loans company’s stock worth $88,000 after buying an additional 1,450 shares in the last quarter. Hedge funds and other institutional investors own 11.65% of the company’s stock.

About First Capital

First Capital, Inc is a closed-end, non-diversified management investment company organized as a business development company (BDC) under the Investment Company Act of 1940. Listed on the NASDAQ under the ticker FCAP, the firm specializes in providing debt and equity financing solutions to U.S. middle-market companies. External management is provided by First Capital Asset Management, LLC, leveraging senior credit expertise to structure tailored financing that supports growth initiatives, recapitalizations and acquisitions.

The company’s investment portfolio comprises senior secured loans, second-lien and subordinated debt, as well as equity co-investments.