First Capital (NASDAQ:FCAP) Stock Passes Above 200-Day Moving Average – Time to Sell?

First Capital, Inc. (NASDAQ:FCAP) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $46.38 and traded as high as $59.06. First Capital shares last traded at $58.92, with a volume of 7,229 shares.

Analyst Ratings Changes

A number of equities analysts have recently commented on the company. Wall Street Zen raised First Capital to a “hold” rating in a research report on Saturday, January 10th. Weiss Ratings reiterated 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, Based on data from MarketBeat.com, First Capital presently has an average rating of “Hold”.

First Capital Stock Up 10.3%

The firm has a fifty day simple moving average of $55.27 and a 200-day simple moving average of $46.38. The company has a market cap of $197.38 million, a PE ratio of 12.02 and a beta of 0.64.

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

First Capital Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Stockholders of record on Friday, December 12th were issued a $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend was Friday, December 12th. First Capital’s dividend payout ratio is presently 25.31%.

Institutional Trading of First Capital

A number of large investors have recently bought and sold shares of the business. Geode Capital Management LLC boosted its stake in shares of First Capital by 109.7% during the second quarter. Geode Capital Management LLC now owns 78,226 shares of the savings and loans company’s stock worth $3,231,000 after buying an additional 40,918 shares during the period. Farther Finance Advisors LLC raised its stake in First Capital by 101.3% during the 4th quarter. Farther Finance Advisors LLC now owns 49,180 shares of the savings and loans company’s stock valued at $2,911,000 after acquiring an additional 24,750 shares during the last quarter. Arrowstreet Capital Limited Partnership acquired a new stake in First Capital during the 2nd quarter worth approximately $439,000. Stratos Wealth Partners LTD. purchased a new position in shares of First Capital in the 3rd quarter valued at approximately $401,000. Finally, Forvis Mazars Wealth Advisors LLC acquired a new position in shares of First Capital in the second quarter valued at approximately $228,000. Institutional investors and hedge funds own 11.65% of the company’s stock.

First Capital Company Profile

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.