Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC - Get Free Report) Chairman Brian J. Cali acquired 225 shares of the firm's stock in a transaction on Thursday, January 9th. The stock was purchased at an average cost of $54.25 per share, for a total transaction of $12,206.25. Following the completion of the acquisition, the chairman now owns 402,559 shares in the company, valued at approximately $21,838,825.75. This represents a 0.06 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
Fidelity D & D Bancorp Price Performance
Shares of NASDAQ FDBC traded down $0.93 during trading hours on Friday, hitting $42.81. 13,151 shares of the stock were exchanged, compared to its average volume of 6,925. Fidelity D & D Bancorp, Inc. has a 1-year low of $41.00 and a 1-year high of $61.21. The company has a market cap of $245.56 million, a PE ratio of 15.97 and a beta of 0.61. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.80 and a current ratio of 0.80. The company's fifty day simple moving average is $52.37 and its two-hundred day simple moving average is $50.41.
Fidelity D & D Bancorp (NASDAQ:FDBC - Get Free Report) last issued its earnings results on Wednesday, October 23rd. The financial services provider reported $0.86 earnings per share for the quarter. The firm had revenue of $32.28 million for the quarter. Fidelity D & D Bancorp had a net margin of 13.30% and a return on equity of 10.48%. During the same quarter in the prior year, the business earned $0.93 EPS.
Fidelity D & D Bancorp Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Tuesday, December 10th. Shareholders of record on Friday, November 15th were issued a dividend of $0.40 per share. This is a positive change from Fidelity D & D Bancorp's previous quarterly dividend of $0.38. The ex-dividend date of this dividend was Friday, November 15th. This represents a $1.60 annualized dividend and a yield of 3.74%. Fidelity D & D Bancorp's dividend payout ratio (DPR) is presently 59.70%.
Institutional Investors Weigh In On Fidelity D & D Bancorp
Several large investors have recently modified their holdings of FDBC. Rhumbline Advisers boosted its holdings in shares of Fidelity D & D Bancorp by 3.6% during the 2nd quarter. Rhumbline Advisers now owns 7,465 shares of the financial services provider's stock worth $327,000 after buying an additional 259 shares in the last quarter. Renaissance Technologies LLC boosted its stake in Fidelity D & D Bancorp by 10.2% during the second quarter. Renaissance Technologies LLC now owns 9,700 shares of the financial services provider's stock worth $425,000 after acquiring an additional 900 shares in the last quarter. CWM LLC grew its holdings in Fidelity D & D Bancorp by 12,140.0% in the third quarter. CWM LLC now owns 1,224 shares of the financial services provider's stock worth $60,000 after purchasing an additional 1,214 shares during the period. FMR LLC increased its stake in Fidelity D & D Bancorp by 849.2% in the third quarter. FMR LLC now owns 1,680 shares of the financial services provider's stock valued at $83,000 after purchasing an additional 1,503 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its holdings in shares of Fidelity D & D Bancorp by 6.0% during the second quarter. Bank of New York Mellon Corp now owns 32,501 shares of the financial services provider's stock valued at $1,424,000 after purchasing an additional 1,830 shares during the period. 20.05% of the stock is currently owned by institutional investors and hedge funds.
About Fidelity D & D Bancorp
(
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Fidelity D & D Bancorp, Inc operates as the bank holding company for The Fidelity Deposit and Discount Bank that provides a range of banking, trust, and financial services to individuals, small businesses, and corporate customers. The company accepts savings, club, interest-bearing and non-interest-bearing checking, money market, and short- and long-term time deposits, as well as certificates of deposit.
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