Fidelity D&D Bancorp (NASDAQ:FDBC - Get Free Report) announced its quarterly earnings results on Wednesday. The financial services provider reported $1.20 EPS for the quarter, Zacks reports. The company had revenue of $23.29 million for the quarter. Fidelity D&D Bancorp had a net margin of 17.75% and a return on equity of 11.42%.
Fidelity D&D Bancorp Stock Performance
Shares of NASDAQ FDBC traded down $0.44 during mid-day trading on Friday, hitting $42.66. 6,595 shares of the company were exchanged, compared to its average volume of 19,946. 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 stock has a 50 day simple moving average of $43.05 and a 200-day simple moving average of $42.80. Fidelity D&D Bancorp has a 1-year low of $37.00 and a 1-year high of $61.21. The firm has a market cap of $246.15 million, a price-to-earnings ratio of 10.40 and a beta of 0.97.
Fidelity D&D Bancorp Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 10th. Stockholders of record on Friday, August 15th will be issued a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 3.75%. The ex-dividend date of this dividend is Friday, August 15th. Fidelity D&D Bancorp's payout ratio is currently 39.02%.
Insider Buying and Selling
In other Fidelity D&D Bancorp news, COO Eugene J. Walsh sold 1,000 shares of the firm's stock in a transaction on Monday, June 2nd. The stock was sold at an average price of $39.39, for a total value of $39,390.00. Following the completion of the sale, the chief operating officer owned 15,201 shares of the company's stock, valued at approximately $598,767.39. This trade represents a 6.17% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 21.00% of the company's stock.
Institutional Trading of Fidelity D&D Bancorp
An institutional investor recently bought a new position in Fidelity D&D Bancorp stock. Jane Street Group LLC purchased a new stake in Fidelity D&D Bancorp Inc. (NASDAQ:FDBC - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 6,235 shares of the financial services provider's stock, valued at approximately $259,000. Jane Street Group LLC owned 0.11% of Fidelity D&D Bancorp at the end of the most recent reporting period. 20.05% of the stock is owned by hedge funds and other institutional investors.
Fidelity D&D Bancorp Company Profile
(
Get Free Report)
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.
Read More
Before you consider Fidelity D&D Bancorp, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Fidelity D&D Bancorp wasn't on the list.
While Fidelity D&D Bancorp currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
