Fidelity D&D Bancorp (NASDAQ:FDBC) Vice Chairman Buys $499,976.14 in Stock

Fidelity D&D Bancorp Inc. (NASDAQ:FDBC) Vice Chairman Michael Mcdonald bought 10,414 shares of Fidelity D&D Bancorp stock in a transaction dated Thursday, February 5th. The stock was acquired at an average price of $48.01 per share, with a total value of $499,976.14. Following the acquisition, the insider directly owned 181,228 shares of the company’s stock, valued at approximately $8,700,756.28. This represents a 6.10% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Fidelity D&D Bancorp Stock Up 0.3%

Shares of FDBC stock traded up $0.16 on Monday, reaching $47.48. 5,560 shares of the company’s stock traded hands, compared to its average volume of 7,663. The company has a market capitalization of $273.96 million, a P/E ratio of 9.75 and a beta of 0.91. Fidelity D&D Bancorp Inc. has a 12-month low of $37.00 and a 12-month high of $50.00. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.82 and a current ratio of 0.82. The business’s 50 day moving average price is $44.89 and its two-hundred day moving average price is $44.00.

Fidelity D&D Bancorp (NASDAQ:FDBC) last announced its quarterly earnings data on Wednesday, January 28th. The financial services provider reported $1.37 EPS for the quarter. The firm had revenue of $25.57 million during the quarter. Fidelity D&D Bancorp had a return on equity of 12.84% and a net margin of 20.08%.

Fidelity D&D Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Friday, February 13th will be paid a $0.43 dividend. This represents a $1.72 annualized dividend and a yield of 3.6%. The ex-dividend date is Friday, February 13th. Fidelity D&D Bancorp’s dividend payout ratio is currently 35.32%.

Institutional Investors Weigh In On Fidelity D&D Bancorp

A number of large investors have recently bought and sold shares of the business. Siena Capital Partners GP LLC acquired a new stake in Fidelity D&D Bancorp in the 3rd quarter worth approximately $39,000. BNP Paribas Financial Markets lifted its stake in shares of Fidelity D&D Bancorp by 148.9% in the third quarter. BNP Paribas Financial Markets now owns 1,185 shares of the financial services provider’s stock valued at $52,000 after buying an additional 709 shares during the period. Raymond James Financial Inc. acquired a new stake in Fidelity D&D Bancorp during the second quarter worth about $56,000. Tower Research Capital LLC TRC raised its stake in shares of Fidelity D&D Bancorp by 430.1% in the second quarter. Tower Research Capital LLC TRC now owns 1,251 shares of the financial services provider’s stock valued at $58,000 after purchasing an additional 1,015 shares in the last quarter. Finally, CWM LLC boosted its stake in Fidelity D&D Bancorp by 43.9% during the third quarter. CWM LLC now owns 2,054 shares of the financial services provider’s stock worth $90,000 after buying an additional 627 shares in the last quarter. 20.05% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Fidelity D&D Bancorp in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, Fidelity D&D Bancorp presently has an average rating of “Hold”.

Fidelity D&D Bancorp Company Profile

Fidelity D&D Bancorp, Inc is the bank holding company for Fidelity Deposit & Discount Bank, a New York–chartered community bank headquartered in Melville, New York. Through its banking subsidiary, the company offers a broad range of deposit and lending products designed to meet the needs of individuals, small businesses and commercial clients throughout Long Island’s Nassau and Suffolk counties.

On the deposit side, Fidelity Deposit & Discount Bank provides traditional checking and savings accounts, money market accounts and certificates of deposit.