Bridgeway Capital Management LLC Raises Stake in First Capital, Inc. (NASDAQ:FCAP)

Bridgeway Capital Management LLC grew its stake in shares of First Capital, Inc. (NASDAQ:FCAP) by 2.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 29,740 shares of the savings and loans company’s stock after acquiring an additional 675 shares during the period. Bridgeway Capital Management LLC’s holdings in First Capital were worth $949,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of FCAP. Empowered Funds LLC lifted its position in shares of First Capital by 4.8% during the 4th quarter. Empowered Funds LLC now owns 14,705 shares of the savings and loans company’s stock valued at $469,000 after buying an additional 675 shares during the last quarter. Raymond James Financial Inc. bought a new position in First Capital in the 4th quarter worth approximately $292,000. Commonwealth Equity Services LLC grew its stake in First Capital by 91.8% in the 4th quarter. Commonwealth Equity Services LLC now owns 21,319 shares of the savings and loans company’s stock valued at $688,000 after buying an additional 10,204 shares in the last quarter. Truffle Hound Capital LLC purchased a new stake in shares of First Capital during the fourth quarter worth $1,193,000. Finally, Fourthstone LLC bought a new position in shares of First Capital in the fourth quarter worth $1,824,000. Institutional investors own 11.65% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com started coverage on First Capital in a research report on Thursday, April 17th. They set a “hold” rating on the stock.

First Capital Stock Performance

NASDAQ FCAP opened at $48.29 on Friday. The company’s 50 day simple moving average is $41.23 and its two-hundred day simple moving average is $35.92. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.70 and a quick ratio of 0.70. First Capital, Inc. has a 1 year low of $27.10 and a 1 year high of $53.85. The stock has a market capitalization of $162.01 million, a PE ratio of 13.53 and a beta of 0.71.

First Capital (NASDAQ:FCAP) last issued its quarterly earnings data on Friday, April 25th. The savings and loans company reported $0.97 earnings per share (EPS) for the quarter. The company had revenue of $11.43 million for the quarter. First Capital had a return on equity of 10.84% and a net margin of 20.54%.

First Capital Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, March 14th were given a $0.29 dividend. This represents a $1.16 annualized dividend and a dividend yield of 2.40%. The ex-dividend date of this dividend was Friday, March 14th. First Capital’s dividend payout ratio (DPR) is 31.69%.

First Capital Profile

First Capital, Inc operates as the bank holding company for First Harrison Bank that provides various banking services to individuals and business customers. The company offers various deposit instruments, including non-interest-bearing checking accounts, negotiable order of withdrawal accounts, money market accounts, regular savings accounts, certificates of deposit, and retirement savings plans.