Brian J. Cali Purchases 880 Shares of Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) Stock

Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) Chairman Brian J. Cali acquired 880 shares of the company’s stock in a transaction on Monday, February 3rd. The shares were purchased at an average cost of $44.00 per share, with a total value of $38,720.00. Following the completion of the acquisition, the chairman now directly owns 403,439 shares in the company, valued at approximately $17,751,316. The trade was a 0.22 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Fidelity D & D Bancorp Stock Performance

Shares of NASDAQ:FDBC opened at $45.10 on Wednesday. The stock has a market capitalization of $258.87 million, a P/E ratio of 12.49 and a beta of 0.59. 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 current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 0.04. The business has a 50-day moving average price of $48.48 and a two-hundred day moving average price of $50.20.

Fidelity D & D Bancorp (NASDAQ:FDBC) last announced 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 return on equity of 10.49% and a net margin of 16.50%.

Fidelity D & D Bancorp Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Friday, February 14th will be given a dividend of $0.40 per share. The ex-dividend date is Friday, February 14th. This represents a $1.60 annualized dividend and a dividend yield of 3.55%. Fidelity D & D Bancorp’s payout ratio is currently 44.32%.

Hedge Funds Weigh In On Fidelity D & D Bancorp

Several institutional investors have recently modified their holdings of the stock. Bank of New York Mellon Corp grew its position in shares of Fidelity D & D Bancorp by 2.2% during the 4th quarter. Bank of New York Mellon Corp now owns 29,356 shares of the financial services provider’s stock worth $1,433,000 after buying an additional 639 shares during the period. JPMorgan Chase & Co. grew its position in shares of Fidelity D & D Bancorp by 322.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 8,885 shares of the financial services provider’s stock worth $438,000 after buying an additional 6,783 shares during the period. Barclays PLC grew its position in shares of Fidelity D & D Bancorp by 170.6% during the 3rd quarter. Barclays PLC now owns 8,061 shares of the financial services provider’s stock worth $398,000 after buying an additional 5,082 shares during the period. Geode Capital Management LLC grew its position 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 buying an additional 2,099 shares during the period. Finally, State Street Corp grew its position in shares of Fidelity D & D Bancorp by 3.3% during the 3rd quarter. State Street Corp now owns 71,231 shares of the financial services provider’s stock worth $3,515,000 after buying an additional 2,280 shares during the period. 20.05% of the stock is currently owned by institutional investors and hedge funds.

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.