Insider Buying: Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) Chairman Buys 880 Shares of Stock

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

Fidelity D & D Bancorp Stock Performance

Fidelity D & D Bancorp stock traded down $0.72 during mid-day trading on Monday, reaching $44.08. 9,304 shares of the company were exchanged, compared to its average volume of 6,815. The firm has a market cap of $253.02 million, a PE ratio of 12.21 and a beta of 0.59. Fidelity D & D Bancorp, Inc. has a twelve month low of $41.00 and a twelve month high of $61.21. The firm’s 50-day simple moving average is $48.86 and its two-hundred day simple moving average is $50.35. 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 (NASDAQ:FDBC) last posted its quarterly earnings results on Wednesday, January 29th. The financial services provider reported $1.01 EPS 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 announced a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Friday, February 14th will be issued a $0.40 dividend. The ex-dividend date is Friday, February 14th. This represents a $1.60 dividend on an annualized basis and a yield of 3.63%. Fidelity D & D Bancorp’s dividend payout ratio (DPR) is presently 44.32%.

Institutional Investors Weigh In On Fidelity D & D Bancorp

Hedge funds and other institutional investors have recently modified their holdings of the stock. CWM LLC grew its position in shares of Fidelity D & D Bancorp by 12,140.0% in the third quarter. CWM LLC now owns 1,224 shares of the financial services provider’s stock valued at $60,000 after purchasing an additional 1,214 shares during the last quarter. FMR LLC grew its holdings in Fidelity D & D Bancorp by 849.2% during the 3rd quarter. FMR LLC now owns 1,680 shares of the financial services provider’s stock valued at $83,000 after buying an additional 1,503 shares during the last quarter. Alliance Wealth Advisors LLC purchased a new position in Fidelity D & D Bancorp during the third quarter worth $220,000. Barclays PLC raised its holdings in shares of Fidelity D & D Bancorp by 170.6% in the third quarter. Barclays PLC now owns 8,061 shares of the financial services provider’s stock worth $398,000 after acquiring an additional 5,082 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its position in shares of Fidelity D & D Bancorp by 322.7% in the third quarter. JPMorgan Chase & Co. now owns 8,885 shares of the financial services provider’s stock valued at $438,000 after acquiring an additional 6,783 shares in the last quarter. 20.05% of the stock is currently owned by institutional investors and hedge funds.

About Fidelity D & D Bancorp

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.