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 Cali purchased 276 shares of the company's stock in a transaction dated Wednesday, September 10th. The stock was bought at an average cost of $42.25 per share, for a total transaction of $11,661.00. Following the completion of the purchase, the chairman directly owned 412,562 shares of the company's stock, valued at $17,430,744.50. The trade was a 0.07% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Fidelity D&D Bancorp Stock Performance

FDBC stock traded up $0.09 during mid-day trading on Thursday, reaching $45.24. 4,980 shares of the stock traded hands, compared to its average volume of 5,417. 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 business has a 50-day moving average of $43.60 and a two-hundred day moving average of $42.42. Fidelity D&D Bancorp Inc. has a 52 week low of $37.00 and a 52 week high of $61.21. The firm has a market capitalization of $261.03 million, a PE ratio of 11.03 and a beta of 1.03.

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

Fidelity D&D Bancorp Announces Dividend

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

Institutional Trading of Fidelity D&D Bancorp

Institutional investors and hedge funds have recently made changes to their positions in the company. Tower Research Capital LLC TRC increased its position in 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 worth $31,000 after purchasing an additional 245 shares in the last quarter. Raymond James Financial Inc. acquired a new position in Fidelity D&D Bancorp in the 2nd quarter valued at approximately $56,000. Tower Research Capital LLC TRC increased its position in shares of Fidelity D&D Bancorp by 430.1% during the second quarter. Tower Research Capital LLC TRC now owns 1,251 shares of the financial services provider's stock worth $58,000 after buying an additional 1,015 shares during the period. Meeder Asset Management Inc. bought a new position in Fidelity D&D Bancorp during the first quarter worth $90,000. Finally, Curi Capital LLC bought a new position in Fidelity D&D Bancorp during the second quarter worth $201,000. Institutional investors own 20.05% of the company's stock.

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.

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