Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) Chairman Brian J. Cali Acquires 225 Shares

Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) Chairman Brian J. Cali purchased 225 shares of the stock in a transaction dated Thursday, January 9th. The shares were purchased at an average price of $54.25 per share, with a total value of $12,206.25. Following the completion of the acquisition, the chairman now owns 402,559 shares of the company’s stock, valued at approximately $21,838,825.75. This represents a 0.06 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Fidelity D & D Bancorp Price Performance

Shares of Fidelity D & D Bancorp stock opened at $42.81 on Friday. The business’s fifty day moving average price is $52.37 and its 200 day moving average price is $50.41. The stock has a market capitalization of $245.56 million, a P/E ratio of 15.97 and a beta of 0.61. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 0.04. Fidelity D & D Bancorp, Inc. has a twelve month low of $41.00 and a twelve month high of $61.21.

Fidelity D & D Bancorp (NASDAQ:FDBC) last released its quarterly earnings results on Wednesday, October 23rd. The financial services provider reported $0.86 earnings per share (EPS) for the quarter. Fidelity D & D Bancorp had a net margin of 13.30% and a return on equity of 10.48%. The firm had revenue of $32.28 million for the quarter. During the same period last year, the firm earned $0.93 EPS.

Fidelity D & D Bancorp Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 10th. Stockholders of record on Friday, November 15th were issued a dividend of $0.40 per share. The ex-dividend date of this dividend was Friday, November 15th. This is a positive change from Fidelity D & D Bancorp’s previous quarterly dividend of $0.38. This represents a $1.60 annualized dividend and a dividend yield of 3.74%. Fidelity D & D Bancorp’s dividend payout ratio is 59.70%.

Hedge Funds Weigh In On Fidelity D & D Bancorp

Several hedge funds and other institutional investors have recently made changes to their positions in FDBC. Commonwealth Equity Services LLC boosted its position in shares of 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 valued at $1,359,000 after purchasing an additional 11,540 shares during the period. JPMorgan Chase & Co. grew 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 purchasing an additional 6,783 shares during the last quarter. Barclays PLC increased its position in Fidelity D & D Bancorp by 170.6% in the 3rd quarter. Barclays PLC now owns 8,061 shares of the financial services provider’s stock worth $398,000 after buying an additional 5,082 shares during the period. Alliance Wealth Advisors LLC bought a new stake in Fidelity D & D Bancorp in the 3rd quarter valued at $220,000. Finally, State Street Corp increased its stake in Fidelity D & D Bancorp by 3.3% during the third 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 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.