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 Fidelity D & D Bancorp stock in a transaction on Monday, September 30th. The stock was bought at an average cost of $54.15 per share, with a total value of $11,533.95. Following the completion of the acquisition, the chairman now owns 397,151 shares in the company, valued at $21,505,726.65. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Fidelity D & D Bancorp Stock Down 1.1 %

Shares of FDBC opened at $47.76 on Thursday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.79 and a current ratio of 0.79. The company has a 50-day simple moving average of $49.83 and a 200-day simple moving average of $47.70. Fidelity D & D Bancorp, Inc. has a 52 week low of $41.10 and a 52 week high of $60.85. The firm has a market capitalization of $273.95 million, a P/E ratio of 16.88 and a beta of 0.60.

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

Fidelity D & D Bancorp Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 10th. Investors of record on Tuesday, August 20th were paid a $0.38 dividend. The ex-dividend date was Tuesday, August 20th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 3.18%. Fidelity D & D Bancorp’s payout ratio is 53.71%.

Institutional Investors Weigh In On Fidelity D & D Bancorp

A number of institutional investors have recently bought and sold shares of the business. Rhumbline Advisers raised its stake in shares of 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 in the last quarter. Renaissance Technologies LLC boosted its position in shares of Fidelity D & D Bancorp by 10.2% during the 2nd quarter. Renaissance Technologies LLC now owns 9,700 shares of the financial services provider’s stock valued at $425,000 after acquiring an additional 900 shares in the last quarter. BNP Paribas Financial Markets increased its stake in Fidelity D & D Bancorp by 67.0% in the first quarter. BNP Paribas Financial Markets now owns 2,305 shares of the financial services provider’s stock valued at $112,000 after acquiring an additional 925 shares during the period. Lewis Asset Management LLC raised its position in Fidelity D & D Bancorp by 14.9% in the first quarter. Lewis Asset Management LLC now owns 11,696 shares of the financial services provider’s stock worth $566,000 after purchasing an additional 1,516 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its stake in 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 worth $1,424,000 after purchasing an additional 1,830 shares during the period. 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.