Fidelity D & D Bancorp (NASDAQ:FDBC) Stock Passes Below 200 Day Moving Average – Time to Sell?

Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $47.49 and traded as low as $37.46. Fidelity D & D Bancorp shares last traded at $38.73, with a volume of 4,765 shares changing hands.

Fidelity D & D Bancorp Price Performance

The stock has a 50 day moving average of $42.53 and a two-hundred day moving average of $47.48. 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 firm has a market capitalization of $226.26 million, a P/E ratio of 10.73 and a beta of 0.66.

Fidelity D & D Bancorp (NASDAQ:FDBC) last issued 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 firm also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Stockholders 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 4.13%. Fidelity D & D Bancorp’s payout ratio is presently 44.32%.

Insider Activity at Fidelity D & D Bancorp

In other Fidelity D & D Bancorp news, Chairman Brian J. Cali purchased 880 shares of the company’s stock in a transaction on Monday, February 3rd. The shares were bought at an average cost of $44.00 per share, with a total value of $38,720.00. Following the transaction, the chairman now directly owns 403,439 shares in the company, valued at approximately $17,751,316. This represents a 0.22 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 21.00% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Fidelity D & D Bancorp

Institutional investors and hedge funds have recently bought and sold shares of the stock. FMR LLC increased its holdings in shares of Fidelity D & D Bancorp by 849.2% during the 3rd quarter. FMR LLC now owns 1,680 shares of the financial services provider’s stock worth $83,000 after purchasing an additional 1,503 shares during the period. State Street Corp raised its holdings in 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 valued at $3,515,000 after acquiring an additional 2,280 shares in the last quarter. Barclays PLC lifted its position 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 worth $398,000 after acquiring an additional 5,082 shares during the period. 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 worth $5,424,000 after purchasing an additional 2,099 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its stake in shares of Fidelity D & D Bancorp by 322.7% in the third quarter. JPMorgan Chase & Co. now owns 8,885 shares of the financial services provider’s stock valued at $438,000 after purchasing an additional 6,783 shares in the last quarter. 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.