Brian J. Cali Acquires 225 Shares of Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) Stock

Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) Chairman Brian J. Cali bought 225 shares of the stock in a transaction that occurred on Thursday, January 9th. The stock was acquired at an average price of $54.25 per share, for a total transaction of $12,206.25. Following the completion of the transaction, the chairman now owns 402,559 shares in the company, valued at $21,838,825.75. This trade represents a 0.06 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Fidelity D & D Bancorp Trading Down 2.1 %

NASDAQ:FDBC opened at $42.81 on Friday. The stock has a market cap of $245.56 million, a price-to-earnings ratio of 15.97 and a beta of 0.61. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.80 and a current ratio of 0.80. Fidelity D & D Bancorp, Inc. has a 1 year low of $41.00 and a 1 year high of $61.21. The business has a fifty day moving average of $52.18 and a 200-day moving average of $50.45.

Fidelity D & D Bancorp (NASDAQ:FDBC) last announced its earnings results on Wednesday, October 23rd. The financial services provider reported $0.86 earnings per share (EPS) for the quarter. The firm had revenue of $32.28 million during the quarter. Fidelity D & D Bancorp had a net margin of 13.30% and a return on equity of 10.48%. During the same quarter in the prior year, the company earned $0.93 EPS.

Fidelity D & D Bancorp Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 10th. Investors of record on Friday, November 15th were paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.74%. The ex-dividend date of this dividend was Friday, November 15th. This is a positive change from Fidelity D & D Bancorp’s previous quarterly dividend of $0.38. Fidelity D & D Bancorp’s dividend payout ratio (DPR) is currently 59.70%.

Institutional Investors Weigh In On Fidelity D & D Bancorp

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Rhumbline Advisers boosted its stake in Fidelity D & D Bancorp by 3.6% during the 2nd quarter. Rhumbline Advisers now owns 7,465 shares of the financial services provider’s stock valued at $327,000 after purchasing an additional 259 shares in the last quarter. Renaissance Technologies LLC boosted its stake in Fidelity D & D Bancorp by 10.2% during the second quarter. Renaissance Technologies LLC now owns 9,700 shares of the financial services provider’s stock valued at $425,000 after buying an additional 900 shares in the last quarter. CWM LLC grew its holdings in Fidelity D & D Bancorp by 12,140.0% during the third quarter. CWM LLC now owns 1,224 shares of the financial services provider’s stock worth $60,000 after acquiring an additional 1,214 shares during the period. FMR LLC raised its position in Fidelity D & D Bancorp by 849.2% in the third quarter. FMR LLC now owns 1,680 shares of the financial services provider’s stock worth $83,000 after acquiring an additional 1,503 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its holdings 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 acquiring an additional 1,830 shares during the last quarter. Institutional investors own 20.05% of the company’s stock.

About Fidelity D & D Bancorp

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.