Fidelity D&D Bancorp (NASDAQ:FDBC) Stock Passes Above 50-Day Moving Average - Should You Sell?

Fidelity D&D Bancorp Inc. (NASDAQ:FDBC - Get Free Report)'s stock price crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $41.66 and traded as high as $48.76. Fidelity D&D Bancorp shares last traded at $47.35, with a volume of 17,327 shares changing hands.

Fidelity D&D Bancorp Stock Performance

The company has a market cap of $280.31 million, a PE ratio of 12.92 and a beta of 0.97. 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 has a 50-day moving average of $42.07 and a 200-day moving average of $43.23.

Fidelity D&D Bancorp (NASDAQ:FDBC - Get Free Report) last announced its earnings results on Wednesday, April 23rd. The financial services provider reported $1.03 earnings per share for the quarter. Fidelity D&D Bancorp had a return on equity of 10.62% and a net margin of 16.83%. The firm had revenue of $22.01 million for the quarter.

Fidelity D&D Bancorp Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 10th. Shareholders of record on Tuesday, May 20th were given a $0.40 dividend. The ex-dividend date of this dividend was Tuesday, May 20th. This represents a $1.60 annualized dividend and a yield of 3.29%. Fidelity D&D Bancorp's dividend payout ratio is currently 42.55%.

Insiders Place Their Bets

In other Fidelity D&D Bancorp news, COO Eugene J. Walsh sold 1,000 shares of the business'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 sale, the chief operating officer directly owned 15,201 shares in the company, valued at $598,767.39. The trade was a 6.17% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 21.00% of the company's stock.

Institutional Trading of Fidelity D&D Bancorp

Hedge funds have recently made changes to their positions in the company. Tower Research Capital LLC TRC raised its stake 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 purchasing an additional 245 shares during the period. Meeder Asset Management Inc. purchased a new position in shares of Fidelity D&D Bancorp in the 1st quarter worth about $90,000. Wells Fargo & Company MN boosted its holdings in shares of Fidelity D&D Bancorp by 27.8% in the 4th quarter. Wells Fargo & Company MN now owns 2,790 shares of the financial services provider's stock worth $136,000 after purchasing an additional 607 shares in the last quarter. Jane Street Group LLC purchased a new stake in Fidelity D&D Bancorp during the 1st quarter valued at about $259,000. Finally, Bank of America Corp DE boosted its holdings in Fidelity D&D Bancorp by 16.5% during the 4th quarter. Bank of America Corp DE now owns 6,314 shares of the financial services provider's stock valued at $308,000 after acquiring an additional 893 shares during the period. 20.05% of the stock is currently owned by institutional investors.

Fidelity D&D Bancorp Company Profile

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.