Brian Cali Acquires 1,951 Shares of Fidelity D&D Bancorp (NASDAQ:FDBC) Stock

Fidelity D&D Bancorp Inc. (NASDAQ:FDBC) Chairman Brian Cali acquired 1,951 shares of Fidelity D&D Bancorp stock in a transaction dated Monday, November 10th. The shares were bought at an average cost of $44.50 per share, with a total value of $86,819.50. Following the transaction, the chairman owned 417,771 shares in the company, valued at approximately $18,590,809.50. This trade represents a 0.47% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Fidelity D&D Bancorp Stock Up 1.6%

Fidelity D&D Bancorp stock opened at $44.98 on Wednesday. The company has a market capitalization of $259.53 million, a PE ratio of 9.97 and a beta of 1.08. Fidelity D&D Bancorp Inc. has a 12-month low of $37.00 and a 12-month high of $56.63. The firm’s fifty day moving average is $44.07 and its 200 day moving average is $43.11. The company has a quick ratio of 0.81, a current ratio of 0.82 and a debt-to-equity ratio of 0.03.

Fidelity D&D Bancorp (NASDAQ:FDBC) last released its quarterly earnings data on Wednesday, October 22nd. The financial services provider reported $1.27 earnings per share (EPS) for the quarter. The company had revenue of $23.53 million for the quarter. Fidelity D&D Bancorp had a net margin of 19.03% and a return on equity of 12.10%.

Fidelity D&D Bancorp Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 10th. Shareholders of record on Friday, November 14th will be paid a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a yield of 3.8%. This is a boost from Fidelity D&D Bancorp’s previous quarterly dividend of $0.40. The ex-dividend date of this dividend is Friday, November 14th. Fidelity D&D Bancorp’s payout ratio is 35.48%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Fidelity D&D Bancorp in a research report on Wednesday, October 8th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Fidelity D&D Bancorp presently has an average rating of “Hold”.

Hedge Funds Weigh In On Fidelity D&D Bancorp

A number of hedge funds have recently added to or reduced their stakes in the stock. Quantinno Capital Management LP purchased a new stake in shares of Fidelity D&D Bancorp in the second quarter worth approximately $679,000. Fidelity D & D Bancorp Inc. grew its holdings in Fidelity D&D Bancorp by 14.4% during the second quarter. Fidelity D & D Bancorp Inc. now owns 113,729 shares of the financial services provider’s stock worth $5,232,000 after buying an additional 14,327 shares in the last quarter. Nuveen LLC purchased a new stake in Fidelity D&D Bancorp in the 1st quarter valued at $378,000. Jane Street Group LLC purchased a new stake in Fidelity D&D Bancorp in the 1st quarter valued at $259,000. Finally, GSA Capital Partners LLP bought a new position in Fidelity D&D Bancorp during the 3rd quarter valued at $233,000. Institutional investors and hedge funds own 20.05% of the company’s stock.

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.