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

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

First Capital Price Performance

Shares of FCAP stock opened at $25.00 on Wednesday. The stock has a market cap of $84 million, a PE ratio of 6.36 and a beta of 0.22. The stock has a 50-day moving average of $24.46 and a 200-day moving average of $25.21. First Capital has a one year low of $22.85 and a one year high of $35.50.

Institutional Trading of First Capital

A number of institutional investors and hedge funds have recently modified their holdings of the stock. UBS Group AG increased its stake in First Capital by 23,700.0% during the 4th quarter. UBS Group AG now owns 1,428 shares of the savings and loans company’s stock worth $36,000 after purchasing an additional 1,422 shares in the last quarter. Bank of America Corp DE boosted its position in First Capital by 99.2% during the 1st quarter. Bank of America Corp DE now owns 1,452 shares of the savings and loans company’s stock worth $37,000 after acquiring an additional 723 shares during the last quarter. Commonwealth Equity Services LLC acquired a new position in First Capital during the 4th quarter worth approximately $216,000. Raymond James & Associates acquired a new position in First Capital during the 4th quarter worth approximately $227,000. Finally, BlackRock Inc. boosted its position in First Capital by 8.2% during the 1st quarter. BlackRock Inc. now owns 9,571 shares of the savings and loans company’s stock worth $245,000 after acquiring an additional 724 shares during the last quarter. 10.53% of the stock is owned by institutional investors.

About First Capital

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First Capital, Inc operates as a bank holding company, which engages in the provision of commercial and business banking services. Its loan portfolio includes residential real estate, land, construction, commercial real estate and business, home equity and second mortgage, and other consumer loans. The company was founded on September 11, 1998 and is headquartered in Corydon, IN.