Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) Chairman Acquires $11,533.95 in Stock

Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) Chairman Brian J. Cali purchased 213 shares of the company’s stock in a transaction dated Monday, September 30th. The shares were acquired at an average price of $54.15 per share, for a total transaction of $11,533.95. Following the purchase, the chairman now owns 397,151 shares in the company, valued at $21,505,726.65. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Fidelity D & D Bancorp Stock Performance

Shares of FDBC opened at $47.76 on Thursday. The company’s fifty day moving average is $49.83 and its 200-day moving average is $47.70. Fidelity D & D Bancorp, Inc. has a 12 month low of $41.10 and a 12 month high of $60.85. The firm has a market cap of $273.95 million, a price-to-earnings ratio of 16.88 and a beta of 0.60. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.04.

Fidelity D & D Bancorp (NASDAQ:FDBC) last announced its quarterly earnings results on Wednesday, July 24th. The financial services provider reported $0.86 EPS for the quarter. Fidelity D & D Bancorp had a net margin of 14.14% and a return on equity of 11.27%. The company had revenue of $19.73 million for the quarter.

Fidelity D & D Bancorp Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 10th. Stockholders of record on Tuesday, August 20th were paid a dividend of $0.38 per share. The ex-dividend date was Tuesday, August 20th. This represents a $1.52 annualized dividend and a dividend yield of 3.18%. Fidelity D & D Bancorp’s dividend payout ratio (DPR) is 53.71%.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Commonwealth Equity Services LLC grew its stake in Fidelity D & D Bancorp by 59.2% in the 2nd quarter. Commonwealth Equity Services LLC now owns 31,035 shares of the financial services provider’s stock valued at $1,359,000 after buying an additional 11,540 shares during the last quarter. Rhumbline Advisers grew its stake in Fidelity D & D Bancorp by 3.6% in the 2nd quarter. Rhumbline Advisers now owns 7,465 shares of the financial services provider’s stock valued at $327,000 after buying an additional 259 shares during the last quarter. Vanguard Group Inc. grew its stake in Fidelity D & D Bancorp by 1.9% in the 1st quarter. Vanguard Group Inc. now owns 227,459 shares of the financial services provider’s stock valued at $11,016,000 after buying an additional 4,163 shares during the last quarter. Bank of New York Mellon Corp grew its stake in Fidelity D & D Bancorp by 6.0% in the 2nd 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 buying an additional 1,830 shares during the last quarter. Finally, BNP Paribas Financial Markets grew its stake in Fidelity D & D Bancorp by 67.0% in the 1st quarter. BNP Paribas Financial Markets now owns 2,305 shares of the financial services provider’s stock valued at $112,000 after buying an additional 925 shares during the last quarter. Institutional investors and hedge funds own 20.05% of the company’s stock.

Fidelity D & D Bancorp Company Profile

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.