Fidelity D & D Bancorp (NASDAQ:FDBC) Stock Crosses Below 200-Day Moving Average – Should You Sell?

Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC)’s stock price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $49.59 and traded as low as $42.65. Fidelity D & D Bancorp shares last traded at $43.05, with a volume of 10,064 shares traded.

Fidelity D & D Bancorp Trading Down 1.4 %

The business has a 50 day simple moving average of $44.55 and a 200-day simple moving average of $49.52. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 0.04. The stock has a market capitalization of $246.07 million, a price-to-earnings ratio of 11.88 and a beta of 0.54.

Fidelity D & D Bancorp (NASDAQ:FDBC) last issued its quarterly earnings results on Wednesday, January 29th. The financial services provider reported $1.01 earnings per share (EPS) for the quarter. Fidelity D & D Bancorp had a return on equity of 10.49% and a net margin of 16.50%.

Fidelity D & D Bancorp Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Friday, February 14th were paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 3.73%. The ex-dividend date of this dividend was Friday, February 14th. Fidelity D & D Bancorp’s payout ratio is 44.32%.

Insider Transactions at Fidelity D & D Bancorp

In other news, Chairman Brian J. Cali bought 880 shares of the firm’s stock in a transaction dated Monday, February 3rd. The stock was acquired at an average price of $44.00 per share, for a total transaction of $38,720.00. Following the acquisition, the chairman now owns 403,439 shares of the company’s stock, valued at $17,751,316. This trade represents a 0.22 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Company insiders own 21.00% of the company’s stock.

Institutional Trading of Fidelity D & D Bancorp

A number of institutional investors have recently modified their holdings of the company. Liberty Square Wealth Partners LLC purchased a new stake in shares of Fidelity D & D Bancorp during the 4th quarter worth about $1,621,000. Deutsche Bank AG grew its holdings in shares of Fidelity D & D Bancorp by 85.9% during the 4th quarter. Deutsche Bank AG now owns 6,624 shares of the financial services provider’s stock worth $323,000 after purchasing an additional 3,061 shares during the period. Citadel Advisors LLC grew its holdings in shares of Fidelity D & D Bancorp by 18.9% during the 4th quarter. Citadel Advisors LLC now owns 11,641 shares of the financial services provider’s stock worth $568,000 after purchasing an additional 1,853 shares during the period. Bank of America Corp DE boosted its holdings in Fidelity D & D Bancorp by 16.5% in the 4th quarter. Bank of America Corp DE now owns 6,314 shares of the financial services provider’s stock worth $308,000 after acquiring an additional 893 shares during the period. Finally, Tower Research Capital LLC TRC boosted its holdings in Fidelity D & D Bancorp by 62.2% in the 4th quarter. Tower Research Capital LLC TRC now owns 639 shares of the financial services provider’s stock worth $31,000 after acquiring an additional 245 shares during the period. Hedge funds and other institutional investors own 20.05% of the company’s stock.

About Fidelity D & D Bancorp

Fidelity D&D Bancorp, Inc is a holding company, which engages in the provision of commercial banking services. It operates through the following segments: Commercial and Industrial, Commercial Real Estate, Consumer, and Residential Real Estate. The Commercial and Industrial segment refers to identified historic and/or the projected cash flows of the borrower and secondarily to the underlying collateral provided by the borrower.