Fidelity D & D Bancorp (NASDAQ:FDBC) Stock Price Passes Below Two Hundred Day Moving Average - Here's What Happened

Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC - Get Free Report) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $48.21 and traded as low as $40.49. Fidelity D & D Bancorp shares last traded at $41.14, with a volume of 6,461 shares.

Fidelity D & D Bancorp Stock Performance

The business has a 50 day moving average price of $43.32 and a two-hundred day moving average price of $47.83. 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 has a market cap of $230.88 million, a P/E ratio of 10.95 and a beta of 0.66.

Fidelity D & D Bancorp (NASDAQ:FDBC - Get Free Report) last released its quarterly earnings data on Wednesday, January 29th. The financial services provider reported $1.01 earnings per share 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 company also recently declared a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Friday, February 14th were issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 4.05%. The ex-dividend date of this dividend was Friday, February 14th. Fidelity D & D Bancorp's dividend payout ratio (DPR) is presently 44.32%.

Insider Buying and Selling at Fidelity D & D Bancorp

In other Fidelity D & D Bancorp news, Chairman Brian J. Cali bought 880 shares of the business's stock in a transaction that occurred on Monday, February 3rd. The shares were bought at an average cost of $44.00 per share, with a total value of $38,720.00. Following the completion of the purchase, the chairman now directly 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. Corporate insiders own 21.00% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. FMR LLC increased its stake in shares of Fidelity D & D Bancorp by 849.2% during the third quarter. FMR LLC now owns 1,680 shares of the financial services provider's stock valued at $83,000 after buying an additional 1,503 shares during the period. State Street Corp boosted its holdings 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 acquiring an additional 2,280 shares in the last quarter. Barclays PLC increased its position in Fidelity D & D Bancorp by 170.6% during the 3rd quarter. Barclays PLC now owns 8,061 shares of the financial services provider's stock valued at $398,000 after purchasing an additional 5,082 shares during the period. Geode Capital Management LLC increased its position in Fidelity D & D Bancorp by 1.9% during 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 purchasing an additional 2,099 shares during the period. Finally, JPMorgan Chase & Co. raised its holdings in Fidelity D & D Bancorp by 322.7% in the 3rd 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. Institutional investors own 20.05% of the company's stock.

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.