Fidelity D & D Bancorp (NASDAQ:FDBC) Shares Cross Below 200 Day Moving Average - Here's Why

Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC - Get Free Report)'s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $49.70 and traded as low as $43.38. Fidelity D & D Bancorp shares last traded at $43.38, with a volume of 3,962 shares changing hands.

Fidelity D & D Bancorp Trading Up 3.3 %

The firm has a market cap of $257.26 million, a price-to-earnings ratio of 12.42 and a beta of 0.59. The business has a 50 day moving average of $45.56 and a 200 day moving average of $49.62. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 0.04.

Fidelity D & D Bancorp (NASDAQ:FDBC - Get Free Report) last issued 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 net margin of 16.50% and a return on equity of 10.49%.

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 issued a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 3.57%. The ex-dividend date is Friday, February 14th. Fidelity D & D Bancorp's dividend payout ratio (DPR) is 44.32%.

Insider Transactions at Fidelity D & D Bancorp

In other news, Chairman Brian J. Cali bought 880 shares of the firm's stock in a transaction dated Monday, February 3rd. The stock was acquired at an average price of $44.00 per share, for a total transaction of $38,720.00. Following the acquisition, the chairman now owns 403,439 shares of the company's stock, valued at $17,751,316. This trade represents a 0.22 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Insiders own 21.00% of the company's stock.

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Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Geode Capital Management LLC raised its stake in shares of Fidelity D & D Bancorp by 1.9% in the 3rd 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 during the period. State Street Corp raised its position in Fidelity D & D Bancorp by 3.3% in the third 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 period. Liberty Square Wealth Partners LLC acquired a new position in shares of Fidelity D & D Bancorp during the fourth quarter worth about $1,621,000. Bank of New York Mellon Corp boosted its position in shares of Fidelity D & D Bancorp by 2.2% in the fourth quarter. Bank of New York Mellon Corp now owns 29,356 shares of the financial services provider's stock worth $1,433,000 after buying an additional 639 shares during the period. Finally, JPMorgan Chase & Co. grew its stake in shares of Fidelity D & D Bancorp by 129.3% in the fourth quarter. JPMorgan Chase & Co. now owns 20,373 shares of the financial services provider's stock valued at $994,000 after buying an additional 11,488 shares in the last quarter. 20.05% of the stock is owned by institutional investors and hedge funds.

About Fidelity D & D Bancorp

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.