Fidelity D & D Bancorp (NASDAQ:FDBC) Shares Pass Below 200-Day Moving Average of $49.88

Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC)’s stock price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $49.88 and traded as low as $45.45. Fidelity D & D Bancorp shares last traded at $45.87, with a volume of 4,164 shares changing hands.

Fidelity D & D Bancorp Trading Down 0.1 %

The company has a 50-day moving average of $47.49 and a 200 day moving average of $49.89. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.78 and a quick ratio of 0.78. The company has a market cap of $266.50 million, a PE ratio of 16.21 and a beta of 0.64.

Fidelity D & D Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 10th. Stockholders of record on Monday, May 20th will be issued a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 3.31%. The ex-dividend date of this dividend is Friday, May 17th. Fidelity D & D Bancorp’s dividend payout ratio (DPR) is 53.71%.

Insider Activity at Fidelity D & D Bancorp

In other Fidelity D & D Bancorp news, COO Eugene J. Walsh sold 545 shares of Fidelity D & D Bancorp stock in a transaction on Friday, February 16th. The shares were sold at an average price of $49.47, for a total transaction of $26,961.15. Following the completion of the transaction, the chief operating officer now directly owns 13,735 shares of the company’s stock, valued at $679,470.45. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, Chairman Brian J. Cali purchased 1,250 shares of the business’s stock in a transaction dated Tuesday, February 20th. The shares were purchased at an average cost of $46.96 per share, for a total transaction of $58,700.00. Following the completion of the acquisition, the chairman now owns 390,709 shares in the company, valued at approximately $18,347,694.64. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, COO Eugene J. Walsh sold 545 shares of the company’s stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $49.47, for a total transaction of $26,961.15. Following the completion of the transaction, the chief operating officer now owns 13,735 shares in the company, valued at $679,470.45. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 1,486 shares of company stock worth $73,067. Company insiders own 17.68% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of FDBC. Fidelity D & D Bancorp Inc. purchased a new stake in shares of Fidelity D & D Bancorp in the 3rd quarter worth $4,923,000. Lewis Asset Management LLC bought a new stake in shares of Fidelity D & D Bancorp in the fourth quarter valued at about $591,000. Alliance Wealth Advisors LLC purchased a new stake in Fidelity D & D Bancorp in the fourth quarter worth about $245,000. Vicus Capital bought a new position in Fidelity D & D Bancorp during the 4th quarter worth about $232,000. Finally, SG Americas Securities LLC purchased a new position in Fidelity D & D Bancorp during the 4th quarter valued at about $149,000. 20.05% of the stock is currently owned by hedge funds and other institutional investors.

Fidelity D & D Bancorp Company Profile

Fidelity D & D Bancorp, Inc operates as the bank holding company for The Fidelity Deposit and Discount Bank that provides a range of banking, trust, and financial services to individuals, small businesses, and corporate customers. The company accepts savings, club, interest-bearing and non-interest-bearing checking, money market, and short- and long-term time deposits, as well as certificates of deposit.