Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) Chairman Brian J. Cali Buys 880 Shares

Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) Chairman Brian J. Cali purchased 880 shares of the firm’s stock in a transaction dated Monday, February 3rd. The stock was purchased at an average cost of $44.00 per share, with a total value of $38,720.00. Following the acquisition, the chairman now directly owns 403,439 shares in the company, valued at $17,751,316. This trade represents a 0.22 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Fidelity D & D Bancorp Stock Performance

FDBC stock opened at $44.08 on Tuesday. 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 current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 0.04. The firm has a market cap of $253.02 million, a PE ratio of 12.21 and a beta of 0.59. The business’s 50-day moving average price is $48.65 and its two-hundred day moving average price is $50.27.

Fidelity D & D Bancorp (NASDAQ:FDBC) 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 business also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Friday, February 14th will be given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 3.63%. The ex-dividend date is Friday, February 14th. Fidelity D & D Bancorp’s dividend payout ratio is 44.32%.

Institutional Investors Weigh In On Fidelity D & D Bancorp

Institutional investors have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. increased its holdings in Fidelity D & D Bancorp by 322.7% during 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. Barclays PLC boosted its position 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 buying an additional 5,082 shares during the period. Geode Capital Management LLC raised its position in 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 buying an additional 2,099 shares during the last quarter. State Street Corp raised its position in 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 buying an additional 2,280 shares during the last quarter. Finally, FMR LLC lifted its stake in Fidelity D & D Bancorp by 849.2% in the 3rd quarter. FMR LLC now owns 1,680 shares of the financial services provider’s stock valued at $83,000 after acquiring an additional 1,503 shares in the last quarter. 20.05% of the stock is owned by 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.