Fidelity D&D Bancorp Inc. (NASDAQ:FDBC - Get Free Report)'s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $42.52 and traded as low as $40.88. Fidelity D&D Bancorp shares last traded at $40.88, with a volume of 5,809 shares traded.
Fidelity D&D Bancorp Trading Down 3.3%
The stock has a market cap of $235.75 million, a price-to-earnings ratio of 9.97 and a beta of 0.99. The business's fifty day simple moving average is $43.12 and its 200 day simple moving average is $42.52. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.81 and a quick ratio of 0.81.
Fidelity D&D Bancorp (NASDAQ:FDBC - Get Free Report) last released its quarterly earnings data 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 Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 10th. Shareholders of record on Friday, August 15th will be issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 3.9%. 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 news, COO Eugene J. Walsh sold 1,000 shares of the business's stock in a transaction on Monday, June 2nd. The shares were sold at an average price of $39.39, for a total transaction of $39,390.00. Following the completion of the transaction, the chief operating officer owned 15,201 shares of the company's stock, valued at approximately $598,767.39. The trade was a 6.17% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 21.00% of the stock is currently owned by corporate insiders.
Hedge Funds Weigh In On Fidelity D&D Bancorp
Hedge funds and other institutional investors have recently modified their holdings of the company. Tower Research Capital LLC TRC boosted its holdings in shares of Fidelity D&D Bancorp by 62.2% during the fourth 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. acquired a new position in shares of Fidelity D&D Bancorp during the second quarter valued at $56,000. Tower Research Capital LLC TRC boosted its holdings 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 valued at $58,000 after acquiring an additional 1,015 shares during the period. Meeder Asset Management Inc. acquired a new position in shares of Fidelity D&D Bancorp during the first quarter valued at $90,000. Finally, Wells Fargo & Company MN boosted its holdings in shares of Fidelity D&D Bancorp by 27.8% during the fourth quarter. Wells Fargo & Company MN now owns 2,790 shares of the financial services provider's stock valued at $136,000 after acquiring an additional 607 shares during the period. Institutional investors and hedge funds own 20.05% of the company's stock.
About Fidelity D&D Bancorp
(
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.
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