First Capital (NASDAQ:FCAP) Stock Price Crosses Below 200 Day Moving Average – Should You Sell?

Shares of First Capital, Inc. (NASDAQ:FCAP) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $49.76 and traded as low as $47.61. First Capital shares last traded at $47.90, with a volume of 7,357 shares changing hands.

Analyst Ratings Changes

Several equities research analysts recently issued reports on FCAP shares. Wall Street Zen upgraded First Capital to a “hold” rating in a report on Saturday, January 10th. Weiss Ratings restated a “hold (c)” rating on shares of First Capital in a research note on Monday, December 29th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company has a consensus rating of “Hold”.

First Capital Trading Up 1.8%

The firm has a fifty day moving average of $51.86 and a two-hundred day moving average of $49.76. The company has a market cap of $160.47 million, a PE ratio of 9.78 and a beta of 0.63.

First Capital (NASDAQ:FCAP) last released its quarterly earnings data on Friday, January 23rd. The savings and loans company reported $1.46 EPS for the quarter. The business had revenue of $13.49 million for the quarter. First Capital had a net margin of 25.06% and a return on equity of 12.95%.

First Capital Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 27th. Investors of record on Friday, March 13th will be paid a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date is Friday, March 13th. First Capital’s dividend payout ratio is presently 25.31%.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of FCAP. Farther Finance Advisors LLC grew its holdings in shares of First Capital by 2,200.4% during the third quarter. Farther Finance Advisors LLC now owns 24,430 shares of the savings and loans company’s stock worth $1,119,000 after purchasing an additional 23,368 shares in the last quarter. Police & Firemen s Retirement System of New Jersey purchased a new stake in First Capital in the second quarter valued at approximately $28,000. PNC Financial Services Group Inc. raised its position in shares of First Capital by 82,885.7% during the 4th quarter. PNC Financial Services Group Inc. now owns 5,809 shares of the savings and loans company’s stock valued at $344,000 after buying an additional 5,802 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of First Capital by 81.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,809 shares of the savings and loans company’s stock valued at $129,000 after buying an additional 1,257 shares in the last quarter. Finally, Bank of America Corp DE increased its holdings in shares of 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 during the period. 11.65% of the stock is currently owned by hedge funds and other institutional investors.

First Capital Company Profile

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.