Fidelity D&D Bancorp (NASDAQ:FDBC) Stock Price Passes Below Two Hundred Day Moving Average - What's Next?

Fidelity D&D Bancorp Inc. (NASDAQ:FDBC - Get Free Report) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $43.14 and traded as low as $42.75. Fidelity D&D Bancorp shares last traded at $44.14, with a volume of 10,037 shares traded.

Fidelity D&D Bancorp Trading Up 0.3%

The business's 50-day moving average price is $42.59 and its two-hundred day moving average price is $42.98. The company has a market capitalization of $251.98 million, a P/E ratio of 11.61 and a beta of 0.97. 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 announced its quarterly earnings results on Wednesday, April 23rd. The financial services provider reported $1.03 earnings per share for the quarter. The company had revenue of $22.01 million for the quarter. Fidelity D&D Bancorp had a net margin of 16.83% and a return on equity of 10.62%.

Fidelity D&D Bancorp Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 10th. Stockholders of record on Tuesday, May 20th were given a dividend of $0.40 per share. The ex-dividend date was Tuesday, May 20th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.66%. Fidelity D&D Bancorp's dividend payout ratio is 42.55%.

Insider Buying and Selling at Fidelity D&D Bancorp

In related 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 value of $39,390.00. Following the sale, the chief operating officer directly owned 15,201 shares of the company's stock, valued at approximately $598,767.39. The trade was a 6.17% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 18.37% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Fidelity D&D Bancorp

Several institutional investors have recently added to or reduced their stakes in FDBC. Bank of New York Mellon Corp increased its stake in Fidelity D&D Bancorp by 2.2% in the 4th quarter. Bank of New York Mellon Corp now owns 29,356 shares of the financial services provider's stock valued at $1,433,000 after buying an additional 639 shares during the last quarter. PNC Financial Services Group Inc. increased its stake in Fidelity D&D Bancorp by 15.9% in the 4th quarter. PNC Financial Services Group Inc. now owns 7,714 shares of the financial services provider's stock valued at $376,000 after buying an additional 1,056 shares during the last quarter. JPMorgan Chase & Co. increased its stake in Fidelity D&D Bancorp by 129.3% in the 4th quarter. JPMorgan Chase & Co. now owns 20,373 shares of the financial services provider's stock valued at $994,000 after buying an additional 11,488 shares during the last quarter. Wells Fargo & Company MN increased its stake in 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 valued at $136,000 after buying an additional 607 shares during the last quarter. Finally, Renaissance Technologies LLC increased its stake in Fidelity D&D Bancorp by 3.0% in the 4th quarter. Renaissance Technologies LLC now owns 10,300 shares of the financial services provider's stock valued at $503,000 after buying an additional 300 shares during the last quarter. 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.