Farther Finance Advisors LLC Increases Stock Position in First Capital, Inc. $FCAP

Farther Finance Advisors LLC lifted its stake in First Capital, Inc. (NASDAQ:FCAP) by 2,200.4% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 24,430 shares of the savings and loans company’s stock after acquiring an additional 23,368 shares during the quarter. Farther Finance Advisors LLC’s holdings in First Capital were worth $1,119,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Police & Firemen s Retirement System of New Jersey purchased a new stake in First Capital in the second quarter worth approximately $28,000. CWM LLC purchased a new stake in First Capital during the 2nd quarter valued at $31,000. JPMorgan Chase & Co. lifted its holdings in shares of First Capital by 30,940.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,552 shares of the savings and loans company’s stock valued at $64,000 after buying an additional 1,547 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in shares of First Capital during the 2nd quarter valued at $74,000. Finally, Bank of America Corp DE boosted its stake in shares of First Capital by 215.8% in the 2nd 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 last quarter. Institutional investors own 11.65% of the company’s stock.

First Capital Trading Down 1.6%

FCAP opened at $59.87 on Monday. The firm’s 50 day simple moving average is $50.52 and its two-hundred day simple moving average is $44.67. The company has a market capitalization of $200.56 million, a PE ratio of 13.58 and a beta of 0.64. First Capital, Inc. has a 1-year low of $30.49 and a 1-year high of $71.00.

First Capital (NASDAQ:FCAP) last posted its quarterly earnings data on Friday, October 24th. The savings and loans company reported $1.34 EPS for the quarter. The firm had revenue of $13.26 million during the quarter. First Capital had a return on equity of 12.04% and a net margin of 23.29%.

First Capital Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Stockholders of record on Friday, December 12th were given a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend was Friday, December 12th. First Capital’s payout ratio is presently 28.12%.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of First Capital in a research report on Monday, December 22nd. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has an average rating of “Hold”.

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.