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

Fidelity D&D Bancorp Inc. (NASDAQ:FDBC) Chairman Brian Cali purchased 1,951 shares of the business’s stock in a transaction on Monday, November 10th. The shares were acquired at an average price of $44.50 per share, with a total value of $86,819.50. Following the completion of the transaction, the chairman owned 417,771 shares of the company’s stock, valued at approximately $18,590,809.50. This trade represents a 0.47% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Fidelity D&D Bancorp Trading Up 0.1%

Shares of NASDAQ FDBC traded up $0.06 during midday trading on Monday, reaching $44.28. The company had a trading volume of 5,963 shares, compared to its average volume of 7,902. Fidelity D&D Bancorp Inc. has a one year low of $37.00 and a one year high of $57.00. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.03. The firm’s fifty day moving average price is $44.04 and its 200-day moving average price is $43.02. The stock has a market cap of $255.50 million, a PE ratio of 9.82 and a beta of 1.08.

Fidelity D&D Bancorp (NASDAQ:FDBC) last posted its quarterly earnings results on Wednesday, October 22nd. The financial services provider reported $1.27 earnings per share (EPS) for the quarter. The business had revenue of $23.53 million for the quarter. Fidelity D&D Bancorp had a return on equity of 12.36% and a net margin of 19.03%.

Fidelity D&D Bancorp Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 10th. Investors of record on Friday, November 14th will be issued a dividend of $0.43 per share. The ex-dividend date is Friday, November 14th. This represents a $1.72 dividend on an annualized basis and a yield of 3.9%. This is an increase from Fidelity D&D Bancorp’s previous quarterly dividend of $0.40. Fidelity D&D Bancorp’s dividend payout ratio (DPR) is currently 35.48%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Fidelity D&D Bancorp in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock has a consensus rating of “Hold”.

Institutional Investors Weigh In On Fidelity D&D Bancorp

Institutional investors and hedge funds have recently modified their holdings of the stock. Meeder Asset Management Inc. bought a new stake in Fidelity D&D Bancorp during the 1st quarter valued at approximately $90,000. Nuveen LLC purchased a new position in shares of Fidelity D&D Bancorp in the 1st quarter valued at approximately $378,000. PNC Financial Services Group Inc. boosted its position in shares of Fidelity D&D Bancorp by 7.4% during the first quarter. PNC Financial Services Group Inc. now owns 8,284 shares of the financial services provider’s stock valued at $345,000 after purchasing an additional 570 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of Fidelity D&D Bancorp by 5.3% during the first quarter. Charles Schwab Investment Management Inc. now owns 13,705 shares of the financial services provider’s stock valued at $570,000 after purchasing an additional 684 shares in the last quarter. Finally, CWM LLC grew its stake in Fidelity D&D Bancorp by 43.9% in the third quarter. CWM LLC now owns 2,054 shares of the financial services provider’s stock worth $90,000 after purchasing an additional 627 shares during the period. 20.05% of the stock is owned by hedge funds and other institutional investors.

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.