Fidelity D&D Bancorp (NASDAQ:FDBC) CEO Daniel Santaniello Buys 1,000 Shares of Stock

Fidelity D&D Bancorp Inc. (NASDAQ:FDBC) CEO Daniel Santaniello purchased 1,000 shares of Fidelity D&D Bancorp stock in a transaction that occurred on Monday, November 10th. The stock was acquired at an average cost of $44.50 per share, with a total value of $44,500.00. Following the acquisition, the chief executive officer directly owned 60,411 shares in the company, valued at $2,688,289.50. This trade represents a 1.68% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Fidelity D&D Bancorp Stock Up 0.1%

Shares of FDBC opened at $44.28 on Tuesday. The firm has a market cap of $255.50 million, a P/E ratio of 9.82 and a beta of 1.08. Fidelity D&D Bancorp Inc. has a 12 month low of $37.00 and a 12 month high of $57.00. The stock’s 50 day moving average is $44.05 and its two-hundred day moving average is $43.06. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.03.

Fidelity D&D Bancorp (NASDAQ:FDBC) last announced its earnings results on Wednesday, October 22nd. The financial services provider reported $1.27 earnings per share (EPS) for the quarter. Fidelity D&D Bancorp had a return on equity of 12.36% and a net margin of 19.03%.The firm had revenue of $23.53 million for the quarter.

Fidelity D&D Bancorp Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 10th. Stockholders of record on Friday, November 14th will be given a $0.43 dividend. This represents a $1.72 annualized dividend and a dividend yield of 3.9%. This is a positive change from Fidelity D&D Bancorp’s previous quarterly dividend of $0.40. The ex-dividend date is Friday, November 14th. Fidelity D&D Bancorp’s dividend payout ratio (DPR) is 35.48%.

Institutional Investors Weigh In On Fidelity D&D Bancorp

Large investors have recently modified their holdings of the business. Raymond James Financial Inc. acquired a new stake in shares of Fidelity D&D Bancorp in the second quarter valued at about $56,000. Tower Research Capital LLC TRC grew its stake in Fidelity D&D Bancorp by 430.1% during the 2nd 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 in the last quarter. CWM LLC grew its stake in Fidelity D&D Bancorp by 43.9% during the 3rd quarter. CWM LLC now owns 2,054 shares of the financial services provider’s stock valued at $90,000 after acquiring an additional 627 shares in the last quarter. Meeder Asset Management Inc. acquired a new stake in Fidelity D&D Bancorp in the 1st quarter valued at about $90,000. Finally, Curi Capital LLC purchased a new position in Fidelity D&D Bancorp in the 2nd quarter worth approximately $201,000. Hedge funds and other institutional investors own 20.05% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Fidelity D&D Bancorp in a research report on Wednesday, October 8th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Fidelity D&D Bancorp currently has a consensus rating of “Hold”.

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.