Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) Chairman Brian J. Cali Buys 279 Shares of Stock

Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) Chairman Brian J. Cali acquired 279 shares of Fidelity D & D Bancorp stock in a transaction that occurred on Thursday, March 27th. The stock was acquired at an average cost of $44.20 per share, with a total value of $12,331.80. Following the completion of the purchase, the chairman now owns 408,923 shares in the company, valued at approximately $18,074,396.60. This represents a 0.07 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Fidelity D & D Bancorp Trading Down 0.8 %

Shares of NASDAQ FDBC opened at $43.29 on Friday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.80 and a current ratio of 0.80. The stock has a market cap of $249.65 million, a price-to-earnings ratio of 11.99 and a beta of 0.54. Fidelity D & D Bancorp, Inc. has a 52 week low of $41.00 and a 52 week high of $61.21. The business has a 50 day simple moving average of $44.13 and a 200 day simple moving average of $48.85.

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

Fidelity D & D Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Friday, February 14th were paid a $0.40 dividend. The ex-dividend date was Friday, February 14th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.70%. Fidelity D & D Bancorp’s payout ratio is 44.32%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in FDBC. Tower Research Capital LLC TRC boosted its holdings in shares of 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 in the last quarter. Dimensional Fund Advisors LP lifted its holdings in Fidelity D & D Bancorp by 1.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 14,450 shares of the financial services provider’s stock worth $705,000 after buying an additional 260 shares in the last quarter. Renaissance Technologies LLC raised its holdings in Fidelity D & D Bancorp by 3.0% during the 4th quarter. Renaissance Technologies LLC now owns 10,300 shares of the financial services provider’s stock worth $503,000 after purchasing an additional 300 shares during the last quarter. Wells Fargo & Company MN grew its position in shares of Fidelity D & D Bancorp by 27.8% during the 4th quarter. Wells Fargo & Company MN now owns 2,790 shares of the financial services provider’s stock worth $136,000 after buying an additional 607 shares during the period. Finally, Bank of New York Mellon Corp lifted its holdings in Fidelity D & D Bancorp by 2.2% in the fourth quarter. Bank of New York Mellon Corp now owns 29,356 shares of the financial services provider’s stock valued at $1,433,000 after buying an additional 639 shares during the period. Institutional investors and hedge funds 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.