Fidelity D&D Bancorp (NASDAQ:FDBC) Chairman Buys $11,661.00 in Stock

Key Points

• Fidelity D&D Bancorp Chairman Brian Cali purchased 276 shares at $42.25 each, totaling $11,661, increasing his ownership to 412,562 shares valued at approximately $17.43 million.
• The company recently declared a quarterly dividend of $0.40, resulting in an annualized yield of 3.5%, with a payout ratio of 39.02%.
• Fidelity D&D Bancorp reported earnings of $1.20 per share for the last quarter and had revenue of $23.29 million, with a net margin of 17.75% and a return on equity of 11.28%.

Fidelity D&D Bancorp Inc. (NASDAQ:FDBC - Get Free Report) Chairman Brian J. Cali acquired 276 shares of Fidelity D&D Bancorp stock in a transaction on Wednesday, September 10th. The stock was purchased at an average cost of $42.25 per share, with a total value of $11,661.00. Following the completion of the transaction, the chairman directly owned 412,562 shares in the company, valued at $17,430,744.50. This represents a 0.07% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Fidelity D&D Bancorp Stock Down 1.0%

FDBC stock traded down $0.46 during trading on Tuesday, reaching $45.48. The stock had a trading volume of 18,960 shares, compared to its average volume of 8,056. Fidelity D&D Bancorp Inc. has a one year low of $37.00 and a one year high of $61.21. 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 company's 50 day moving average is $43.49 and its two-hundred day moving average is $42.45. The company has a market capitalization of $262.28 million, a price-to-earnings ratio of 11.09 and a beta of 1.03.

Fidelity D&D Bancorp (NASDAQ:FDBC - Get Free Report) last issued its quarterly earnings data on Wednesday, July 23rd. The financial services provider reported $1.20 earnings per share (EPS) for the quarter. Fidelity D&D Bancorp had a net margin of 17.75% and a return on equity of 11.28%. The business had revenue of $23.29 million during the quarter.

Fidelity D&D Bancorp Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 10th. Stockholders of record on Friday, August 15th were given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date of this dividend was Friday, August 15th. Fidelity D&D Bancorp's dividend payout ratio is currently 39.02%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Tower Research Capital LLC TRC grew its position in shares of Fidelity D&D Bancorp by 62.2% during the 4th quarter. Tower Research Capital LLC TRC now owns 639 shares of the financial services provider's stock valued at $31,000 after acquiring an additional 245 shares during the period. Raymond James Financial Inc. bought a new position in shares of Fidelity D&D Bancorp during the 2nd quarter valued at approximately $56,000. Tower Research Capital LLC TRC grew its position in shares of Fidelity D&D Bancorp by 430.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,251 shares of the financial services provider's stock valued at $58,000 after acquiring an additional 1,015 shares during the period. Meeder Asset Management Inc. bought a new position in shares of Fidelity D&D Bancorp during the 1st quarter valued at approximately $90,000. Finally, Curi Capital LLC bought a new position in Fidelity D&D Bancorp in the 2nd quarter worth approximately $201,000. 20.05% of the stock is owned by 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.