Fidelity D & D Bancorp (NASDAQ:FDBC) Stock Passes Below 200-Day Moving Average of $49.97

Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $49.97 and traded as low as $47.30. Fidelity D & D Bancorp shares last traded at $47.36, with a volume of 4,485 shares changing hands.

Fidelity D & D Bancorp Stock Down 1.1 %

The company has a debt-to-equity ratio of 0.05, a current ratio of 0.78 and a quick ratio of 0.78. The firm’s 50-day moving average price is $47.43 and its 200 day moving average price is $49.97. The firm has a market capitalization of $275.16 million, a price-to-earnings ratio of 16.74 and a beta of 0.65.

Fidelity D & D Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 10th. Shareholders of record on Monday, May 20th will be issued a $0.38 dividend. The ex-dividend date is Friday, May 17th. This represents a $1.52 dividend on an annualized basis and a yield of 3.21%. Fidelity D & D Bancorp’s dividend payout ratio (DPR) is 53.71%.

Insider Transactions at Fidelity D & D Bancorp

In other news, Chairman Brian J. Cali acquired 1,250 shares of Fidelity D & D Bancorp stock in a transaction that occurred on Tuesday, February 20th. The shares were acquired at an average price of $46.96 per share, with a total value of $58,700.00. Following the completion of the purchase, the chairman now owns 390,709 shares of the company’s stock, valued at approximately $18,347,694.64. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In related news, COO Eugene J. Walsh sold 545 shares of the business’s stock in a transaction that occurred on Friday, February 16th. The shares were sold at an average price of $49.47, for a total value of $26,961.15. Following the completion of the sale, the chief operating officer now directly owns 13,735 shares in the company, valued at $679,470.45. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Chairman Brian J. Cali purchased 1,250 shares of the business’s stock in a transaction on Tuesday, February 20th. The shares were bought at an average cost of $46.96 per share, for a total transaction of $58,700.00. Following the purchase, the chairman now owns 390,709 shares of the company’s stock, valued at $18,347,694.64. The disclosure for this purchase can be found here. Insiders sold a total of 1,486 shares of company stock worth $73,067 over the last ninety days. 17.68% of the stock is currently owned by corporate insiders.

Institutional Trading of Fidelity D & D Bancorp

A number of institutional investors and hedge funds have recently made changes to their positions in FDBC. BNP Paribas Financial Markets grew its position in Fidelity D & D Bancorp by 67.0% during the first quarter. BNP Paribas Financial Markets now owns 2,305 shares of the financial services provider’s stock valued at $112,000 after acquiring an additional 925 shares during the period. SG Americas Securities LLC acquired a new stake in Fidelity D & D Bancorp during the 4th quarter worth approximately $149,000. Vicus Capital purchased a new position in Fidelity D & D Bancorp in the fourth quarter valued at approximately $232,000. Alliance Wealth Advisors LLC purchased a new position in Fidelity D & D Bancorp in the fourth quarter valued at approximately $245,000. Finally, Lewis Asset Management LLC lifted its position in Fidelity D & D Bancorp by 14.9% during the first quarter. Lewis Asset Management LLC now owns 11,696 shares of the financial services provider’s stock valued at $566,000 after buying an additional 1,516 shares in the last quarter. 20.05% of the stock is currently owned by institutional investors and hedge funds.

Fidelity D & D Bancorp Company Profile

Fidelity D & D Bancorp, Inc operates as the bank holding company for The Fidelity Deposit and Discount Bank that provides a range of banking, trust, and financial services to individuals, small businesses, and corporate customers. The company accepts savings, club, interest-bearing and non-interest-bearing checking, money market, and short- and long-term time deposits, as well as certificates of deposit.