Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC - Get Free Report) Chairman Brian J. Cali purchased 213 shares of the business's stock in a transaction dated Monday, September 30th. The shares were purchased at an average price of $54.15 per share, with a total value of $11,533.95. Following the purchase, the chairman now directly owns 397,151 shares in the company, valued at approximately $21,505,726.65. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Fidelity D & D Bancorp Stock Down 0.9 %
FDBC stock opened at $49.34 on Tuesday. 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 market capitalization of $283.01 million, a price-to-earnings ratio of 17.43 and a beta of 0.60. Fidelity D & D Bancorp, Inc. has a fifty-two week low of $41.10 and a fifty-two week high of $60.85. The stock has a fifty day moving average of $49.98 and a 200-day moving average of $47.70.
Fidelity D & D Bancorp (NASDAQ:FDBC - Get Free Report) last posted its quarterly earnings results on Wednesday, July 24th. The financial services provider reported $0.86 earnings per share for the quarter. The company had revenue of $19.73 million during the quarter. Fidelity D & D Bancorp had a return on equity of 11.27% and a net margin of 14.14%.
Fidelity D & D Bancorp Announces Dividend
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The company 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 3.08%. Fidelity D & D Bancorp's payout ratio is 53.71%.
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted 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 worth $11,016,000 after purchasing an additional 4,163 shares during the period. Bank of New York Mellon Corp boosted 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 worth $1,424,000 after purchasing an additional 1,830 shares during the period. Commonwealth Equity Services LLC boosted 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 worth $1,359,000 after purchasing an additional 11,540 shares during the period. Lewis Asset Management LLC boosted its stake in Fidelity D & D Bancorp by 14.9% in the 1st 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 during the period. Finally, Renaissance Technologies LLC boosted its stake in Fidelity D & D Bancorp by 10.2% in the 2nd quarter. Renaissance Technologies LLC now owns 9,700 shares of the financial services provider's stock worth $425,000 after purchasing an additional 900 shares during the period. Institutional investors own 20.05% of the company's stock.
About Fidelity D & D Bancorp
(
Get Free Report)
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.
Further Reading
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