First Capital (NASDAQ:FCAP) Shares Cross Below Two Hundred Day Moving Average – What’s Next?

First Capital, Inc. (NASDAQ:FCAP)’s share price 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.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on FCAP shares. Wall Street Zen raised 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 report on Monday, December 29th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has a consensus rating of “Hold”.

First Capital Trading Up 3.1%

The firm’s fifty day simple moving average is $51.65 and its two-hundred day simple moving average is $49.73. The company has a market capitalization of $161.61 million, a price-to-earnings ratio of 9.85 and a beta of 0.63.

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

First Capital Announces Dividend

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

Hedge Funds Weigh In On First Capital

Hedge funds have recently modified their holdings of the business. Stock Yards Bank & Trust Co. raised its holdings in First Capital by 4.4% in the 4th quarter. Stock Yards Bank & Trust Co. now owns 4,822 shares of the savings and loans company’s stock valued at $285,000 after buying an additional 202 shares during the period. CWM LLC boosted its stake in First Capital by 34.4% during 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 during the period. Vanguard Group Inc. boosted its stake in First Capital by 0.4% during the third quarter. Vanguard Group Inc. now owns 71,010 shares of the savings and loans company’s stock worth $3,252,000 after buying an additional 264 shares during the period. Russell Investments Group Ltd. increased its position in shares of First Capital by 105.2% during the fourth quarter. Russell Investments Group Ltd. now owns 554 shares of the savings and loans company’s stock valued at $33,000 after acquiring an additional 284 shares during the last quarter. Finally, Mariner LLC raised its stake in shares of First Capital by 2.8% in the 3rd quarter. Mariner LLC now owns 11,291 shares of the savings and loans company’s stock valued at $517,000 after acquiring an additional 310 shares during the period. 11.65% of the stock is currently owned by hedge funds and other institutional investors.

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.