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

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

Fidelity D & D Bancorp Stock Performance

Shares of FDBC stock opened at $44.08 on Tuesday. The company has a market capitalization of $253.02 million, a price-to-earnings ratio of 12.21 and a beta of 0.59. 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 52 week low of $41.00 and a 52 week high of $61.21. The company has a 50-day simple moving average of $48.65 and a 200 day simple moving average of $50.27.

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

Hedge Funds Weigh In On Fidelity D & D Bancorp

Institutional investors and hedge funds have recently modified their holdings of the business. Renaissance Technologies LLC raised 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 in the last quarter. CWM LLC grew its position 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 buying an additional 1,214 shares in the last quarter. Alliance Wealth Advisors LLC bought a new position in Fidelity D & D Bancorp during the 3rd quarter worth $220,000. FMR LLC raised its holdings 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. Finally, State Street Corp lifted its position in shares of Fidelity D & D Bancorp by 3.3% during the 3rd quarter. State Street Corp now owns 71,231 shares of the financial services provider’s stock valued at $3,515,000 after acquiring an additional 2,280 shares during the period. 20.05% of the stock is currently owned by institutional investors and hedge funds.

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.