Insider Buying: Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) Chairman Purchases $12,331.80 in Stock

Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) Chairman Brian J. Cali purchased 279 shares of the company’s stock in a transaction dated Thursday, March 27th. The shares were acquired at an average price of $44.20 per share, with a total value of $12,331.80. Following the transaction, the chairman now owns 408,923 shares in the company, valued at approximately $18,074,396.60. The trade was a 0.07 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Fidelity D & D Bancorp Trading Down 1.9 %

Shares of FDBC opened at $42.48 on Friday. Fidelity D & D Bancorp, Inc. has a 1-year low of $41.00 and a 1-year high of $61.21. The company has a market capitalization of $244.98 million, a P/E ratio of 11.77 and a beta of 0.54. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.80 and a quick ratio of 0.80. The firm’s 50 day simple moving average is $44.11 and its 200 day simple moving average is $48.75.

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 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 Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Friday, February 14th were paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 3.77%. The ex-dividend date was Friday, February 14th. Fidelity D & D Bancorp’s dividend payout ratio (DPR) is currently 44.32%.

Hedge Funds Weigh In On Fidelity D & D Bancorp

Several institutional investors have recently modified their holdings of the company. FMR LLC boosted its stake in Fidelity D & D Bancorp by 849.2% in the third quarter. FMR LLC now owns 1,680 shares of the financial services provider’s stock worth $83,000 after buying an additional 1,503 shares in the last quarter. State Street Corp lifted its holdings 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 during the last quarter. Barclays PLC boosted its stake in shares of 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 valued at $398,000 after purchasing an additional 5,082 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of 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 valued at $5,424,000 after purchasing an additional 2,099 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its position in Fidelity D & D Bancorp by 322.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 8,885 shares of the financial services provider’s stock worth $438,000 after purchasing an additional 6,783 shares during the period. 20.05% of the stock is currently owned by institutional investors.

Fidelity D & D Bancorp Company Profile

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.