Insider Buying: Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) Chairman Buys $11,453.31 in Stock

Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) Chairman Brian J. Cali purchased 253 shares of the business’s stock in a transaction that occurred on Thursday, June 27th. The stock was bought at an average cost of $45.27 per share, with a total value of $11,453.31. Following the acquisition, the chairman now owns 396,938 shares of the company’s stock, valued at approximately $17,969,383.26. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Fidelity D & D Bancorp Price Performance

NASDAQ:FDBC opened at $43.80 on Friday. Fidelity D & D Bancorp, Inc. has a one year low of $42.00 and a one year high of $60.85. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.78 and a current ratio of 0.78. The stock has a market cap of $251.41 million, a PE ratio of 15.48 and a beta of 0.67. The stock has a 50 day moving average price of $45.82 and a 200 day moving average price of $48.66.

Fidelity D & D Bancorp (NASDAQ:FDBC) last posted its earnings results on Wednesday, April 24th. The financial services provider reported $0.88 earnings per share (EPS) for the quarter. The company had revenue of $19.52 million during the quarter. Fidelity D & D Bancorp had a return on equity of 11.78% and a net margin of 14.94%.

Fidelity D & D Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 10th. Shareholders of record on Monday, May 20th were paid a dividend of $0.38 per share. The ex-dividend date was Friday, May 17th. This represents a $1.52 annualized dividend and a yield of 3.47%. Fidelity D & D Bancorp’s dividend payout ratio (DPR) is 53.71%.

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 business. Vanguard Group Inc. increased its stake in Fidelity D & D Bancorp by 1.9% during the first quarter. Vanguard Group Inc. now owns 227,459 shares of the financial services provider’s stock worth $11,016,000 after acquiring an additional 4,163 shares during the last quarter. Fidelity D & D Bancorp Inc. purchased a new position in shares of Fidelity D & D Bancorp during the third quarter worth $4,923,000. Lewis Asset Management LLC boosted its position in shares of Fidelity D & D Bancorp by 14.9% during the first quarter. Lewis Asset Management LLC now owns 11,696 shares of the financial services provider’s stock worth $566,000 after buying an additional 1,516 shares during the period. Alliance Wealth Advisors LLC purchased a new position in shares of Fidelity D & D Bancorp during the fourth quarter worth $245,000. Finally, Vicus Capital purchased a new position in shares of Fidelity D & D Bancorp during the fourth quarter worth $232,000. Institutional investors and hedge funds 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.