Daniel J. Santaniello Sells 759 Shares of Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) Stock

Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) CEO Daniel J. Santaniello sold 759 shares of the stock in a transaction on Wednesday, July 31st. The stock was sold at an average price of $52.90, for a total transaction of $40,151.10. Following the completion of the sale, the chief executive officer now directly owns 55,382 shares of the company’s stock, valued at approximately $2,929,707.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Fidelity D & D Bancorp Stock Down 2.7 %

Shares of Fidelity D & D Bancorp stock opened at $50.49 on Friday. Fidelity D & D Bancorp, Inc. has a twelve month low of $41.10 and a twelve month high of $60.85. The stock has a market cap of $289.61 million, a price-to-earnings ratio of 17.84 and a beta of 0.63. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.04. The company has a fifty day moving average price of $47.15 and a 200 day moving average price of $47.54.

Fidelity D & D Bancorp Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 10th. Stockholders of record on Tuesday, August 20th will be given a $0.38 dividend. This represents a $1.52 annualized dividend and a dividend yield of 3.01%. The ex-dividend date of this dividend is Tuesday, August 20th. Fidelity D & D Bancorp’s payout ratio is 53.71%.

Institutional Investors Weigh In On Fidelity D & D Bancorp

Several hedge funds have recently modified their holdings of FDBC. BNP Paribas Financial Markets increased its stake in Fidelity D & D Bancorp by 67.0% during the 1st quarter. BNP Paribas Financial Markets now owns 2,305 shares of the financial services provider’s stock worth $112,000 after buying an additional 925 shares during the period. SG Americas Securities LLC acquired a new stake in shares of Fidelity D & D Bancorp during the fourth quarter valued at about $149,000. Vicus Capital purchased a new stake in shares of Fidelity D & D Bancorp during the fourth quarter worth about $232,000. Rhumbline Advisers lifted its stake in shares of Fidelity D & D Bancorp by 3.6% in the second quarter. Rhumbline Advisers now owns 7,465 shares of the financial services provider’s stock worth $327,000 after acquiring an additional 259 shares in the last quarter. Finally, Lewis Asset Management LLC boosted its holdings in Fidelity D & D Bancorp by 14.9% in the first quarter. Lewis Asset Management LLC now owns 11,696 shares of the financial services provider’s stock valued at $566,000 after purchasing an additional 1,516 shares during the last quarter. 20.05% of the stock is currently owned by hedge funds and other institutional investors.

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.