StockNews.com began to cover the shares of First Capital (NASDAQ: FCAP – Get a rating) in a research report released Thursday. The brokerage has set a “hold” rating on the shares of the savings and loan company.
FCAP shares opened at $39.10 on Thursday. The company’s 50-day moving average is $40.70. The company has a market capitalization of $131.92 million, a price-earnings ratio of 11.43 and a beta of -0.01. First Capital has a 52-week low of $38.51 and a 52-week high of $57.00.
In other news, please Dennis Thomas sold 777 shares of the company in a transaction dated Tuesday, December 28. The shares were sold at an average price of $39.80, for a total transaction of $30,924.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, accessible via this link. 4.03% of the shares are currently held by company insiders.
Hedge funds and other institutional investors have recently been buying and selling stocks. Morgan Stanley increased its stake in First Capital to 96.3% in the second quarter. Morgan Stanley now owns 1,641 shares of the savings and loan company valued at $71,000 after acquiring 805 additional shares during the period. BlackRock Inc. increased its stake in First Capital by 4.4% in the fourth quarter. BlackRock Inc. now owns 10,036 shares of the savings and loan company valued at $406,000 after acquiring 421 additional shares during the period. Dimensional Fund Advisors LP increased its stake in First Capital by 2.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 18,917 shares of the savings and loan company valued at $756,000 after acquiring 445 additional shares during the period. Axiom Financial Strategies LLC increased its stake in First Capital by 33.4% in the fourth quarter. Axiom Financial Strategies LLC now owns 20,836 shares of the savings and loan company valued at $844,000 after acquiring an additional 5,211 shares during the period. Finally, Geode Capital Management LLC increased its stake in First Capital by 0.9% in the third quarter. Geode Capital Management LLC now owns 26,926 shares of the savings and loan company valued at $1,098,000 after acquiring an additional 245 shares during the period. 12.67% of the shares are currently held by institutional investors and hedge funds.
About First Capital (Get a rating)
First Capital, Inc. operates as a bank holding company, which provides business and corporate banking services. Its loan portfolio includes residential real estate, land, construction, commercial real estate, commercial enterprises, home equity and second mortgage, as well as other consumer loans.
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