Wells Fargo & Company MN grew its stake in First Capital, Inc. (NASDAQ:FCAP) by 380,800.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,809 shares of the savings and loans company’s stock after acquiring an additional 3,808 shares during the quarter. Wells Fargo & Company MN’s holdings in First Capital were worth $192,000 at the end of the most recent quarter.
Separately, Strs Ohio purchased a new position in shares of First Capital in the 2nd quarter valued at $45,000. Hedge funds and other institutional investors own 10.81% of the company’s stock.
In related news, Director Michael L. Shireman sold 3,802 shares of the business’s stock in a transaction on Monday, July 29th. The stock was sold at an average price of $54.04, for a total transaction of $205,460.08. Following the transaction, the director now directly owns 12,913 shares in the company, valued at approximately $697,818.52. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Samuel E. Uhl sold 750 shares of the business’s stock in a transaction on Wednesday, August 7th. The stock was sold at an average price of $56.10, for a total value of $42,075.00. The disclosure for this sale can be found here. 4.53% of the stock is owned by insiders.
Shares of FCAP stock opened at $58.30 on Friday. First Capital, Inc. has a 1-year low of $33.72 and a 1-year high of $60.93. The stock’s fifty day moving average price is $57.45 and its 200 day moving average price is $53.17. The company has a market cap of $195.63 million, a price-to-earnings ratio of 15.93 and a beta of -0.21.
First Capital (NASDAQ:FCAP) last announced its earnings results on Wednesday, July 24th. The savings and loans company reported $1.50 earnings per share for the quarter. First Capital had a return on equity of 13.88% and a net margin of 26.31%. The firm had revenue of $18.20 million for the quarter.
The firm also recently announced a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Friday, September 13th were paid a dividend of $0.24 per share. The ex-dividend date was Thursday, September 12th. This represents a $0.96 annualized dividend and a yield of 1.65%.
Separately, ValuEngine downgraded First Capital from a “sell” rating to a “strong sell” rating in a research note on Wednesday, October 2nd.
About First Capital
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 a range of 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.
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