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

Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) Chairman Brian J. Cali purchased 225 shares of the company’s stock in a transaction on Thursday, January 9th. The stock was acquired at an average cost of $54.25 per share, for a total transaction of $12,206.25. Following the completion of the purchase, the chairman now owns 402,559 shares of the company’s stock, valued at approximately $21,838,825.75. This trade represents a 0.06 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Fidelity D & D Bancorp Trading Down 6.1 %

Shares of NASDAQ:FDBC traded down $2.66 during mid-day trading on Friday, hitting $41.08. The company had a trading volume of 3,837 shares, compared to its average volume of 5,363. The company has a market capitalization of $235.63 million, a PE ratio of 15.33 and a beta of 0.61. Fidelity D & D Bancorp, Inc. has a one year low of $41.00 and a one year high of $61.21. The firm has a fifty day moving average price of $52.37 and a 200 day moving average price of $50.41. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.80 and a quick ratio of 0.80.

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

Fidelity D & D Bancorp Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 10th. Stockholders of record on Friday, November 15th were given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.89%. This is a positive change from Fidelity D & D Bancorp’s previous quarterly dividend of $0.38. The ex-dividend date of this dividend was Friday, November 15th. Fidelity D & D Bancorp’s dividend payout ratio is presently 59.70%.

Hedge Funds Weigh In On Fidelity D & D Bancorp

A number of large investors have recently modified their holdings of the company. Geode Capital Management LLC increased its holdings in Fidelity D & D Bancorp by 1.9% during the 3rd quarter. Geode Capital Management LLC now owns 109,925 shares of the financial services provider’s stock worth $5,424,000 after purchasing an additional 2,099 shares in the last quarter. State Street Corp grew its stake in shares of Fidelity D & D Bancorp by 3.3% in the 3rd quarter. State Street Corp now owns 71,231 shares of the financial services provider’s stock worth $3,515,000 after acquiring an additional 2,280 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in shares of Fidelity D & D Bancorp by 6.0% in the second quarter. Bank of New York Mellon Corp now owns 32,501 shares of the financial services provider’s stock valued at $1,424,000 after purchasing an additional 1,830 shares during the last quarter. Commonwealth Equity Services LLC lifted its position in shares of Fidelity D & D Bancorp by 59.2% during the second 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 in the last quarter. Finally, Renaissance Technologies LLC boosted its holdings in Fidelity D & D Bancorp by 10.2% during the second 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 during the last quarter. 20.05% of the stock is currently owned by 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.