Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) Chairman Purchases $38,720.00 in Stock

Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) Chairman Brian J. Cali acquired 880 shares of Fidelity D & D Bancorp stock in a transaction that occurred on Monday, February 3rd. The stock was bought at an average price of $44.00 per share, for a total transaction of $38,720.00. Following the completion of the acquisition, the chairman now owns 403,439 shares in the company, valued at $17,751,316. This trade represents a 0.22 % increase in their position. The transaction was disclosed in a filing with the SEC, which is available at this link.

Fidelity D & D Bancorp Trading Down 1.6 %

Shares of Fidelity D & D Bancorp stock traded down $0.72 on Monday, reaching $44.08. The company had a trading volume of 9,304 shares, compared to its average volume of 6,815. The firm’s 50 day moving average price is $48.86 and its two-hundred day moving average price is $50.35. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.80 and a current ratio of 0.80. Fidelity D & D Bancorp, Inc. has a 52-week low of $41.00 and a 52-week high of $61.21. The firm has a market cap of $253.02 million, a PE ratio of 12.21 and a beta of 0.59.

Fidelity D & D Bancorp (NASDAQ:FDBC) last released its quarterly earnings results on Wednesday, January 29th. The financial services provider reported $1.01 EPS for the quarter. Fidelity D & D Bancorp had a return on equity of 10.49% and a net margin of 16.50%.

Fidelity D & D Bancorp Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Friday, February 14th will be paid a $0.40 dividend. The ex-dividend date is Friday, February 14th. This represents a $1.60 annualized dividend and a dividend yield of 3.63%. Fidelity D & D Bancorp’s dividend payout ratio (DPR) is 44.32%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Geode Capital Management LLC raised its holdings in Fidelity D & D Bancorp by 1.9% in the third quarter. Geode Capital Management LLC now owns 109,925 shares of the financial services provider’s stock valued at $5,424,000 after acquiring an additional 2,099 shares in the last quarter. State Street Corp increased its position in shares of Fidelity D & D Bancorp by 3.3% in the 3rd quarter. State Street Corp now owns 71,231 shares of the financial services provider’s stock valued at $3,515,000 after purchasing an additional 2,280 shares during the last quarter. Renaissance Technologies LLC lifted its position in shares of Fidelity D & D Bancorp by 10.2% during the 2nd quarter. Renaissance Technologies LLC now owns 9,700 shares of the financial services provider’s stock worth $425,000 after purchasing an additional 900 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of Fidelity D & D Bancorp by 322.7% during the third quarter. JPMorgan Chase & Co. now owns 8,885 shares of the financial services provider’s stock worth $438,000 after purchasing an additional 6,783 shares in the last quarter. Finally, Barclays PLC grew its stake in shares of Fidelity D & D Bancorp by 170.6% during the third quarter. Barclays PLC now owns 8,061 shares of the financial services provider’s stock worth $398,000 after purchasing an additional 5,082 shares in the last quarter. 20.05% of the stock is currently owned by hedge funds and other institutional investors.

Fidelity D & D Bancorp Company Profile

Fidelity D&D Bancorp, Inc is a holding company, which engages in the provision of commercial banking services. It operates through the following segments: Commercial and Industrial, Commercial Real Estate, Consumer, and Residential Real Estate. The Commercial and Industrial segment refers to identified historic and/or the projected cash flows of the borrower and secondarily to the underlying collateral provided by the borrower.