Fidelity D & D Bancorp (NASDAQ:FDBC) Stock Crosses Below Two Hundred Day Moving Average – Should You Sell?

Shares of Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $49.70 and traded as low as $43.38. Fidelity D & D Bancorp shares last traded at $43.38, with a volume of 3,962 shares trading hands.

Fidelity D & D Bancorp Price Performance

The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 0.04. The company has a market capitalization of $248.83 million, a P/E ratio of 12.02 and a beta of 0.59. The business has a 50 day simple moving average of $45.99 and a 200-day simple moving average of $49.70.

Fidelity D & D Bancorp (NASDAQ:FDBC) last issued its quarterly earnings data on Wednesday, January 29th. The financial services provider reported $1.01 earnings per share for the quarter. Fidelity D & D Bancorp had a net margin of 16.50% and a return on equity of 10.49%.

Fidelity D & D Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Friday, February 14th will be paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.69%. The ex-dividend date of this dividend is Friday, February 14th. Fidelity D & D Bancorp’s dividend payout ratio is currently 44.32%.

Insider Activity at Fidelity D & D Bancorp

In related news, Chairman Brian J. Cali acquired 880 shares of the business’s stock in a transaction that occurred on Monday, February 3rd. The shares were acquired at an average cost of $44.00 per share, for a total transaction of $38,720.00. Following the completion of the purchase, the chairman now directly owns 403,439 shares in the company, valued at $17,751,316. This trade represents a 0.22 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Company insiders own 21.00% of the company’s stock.

Institutional Investors Weigh In On Fidelity D & D Bancorp

Hedge funds and other institutional investors have recently bought and sold shares of the business. FMR LLC raised its position in Fidelity D & D Bancorp by 849.2% in the third quarter. FMR LLC now owns 1,680 shares of the financial services provider’s stock worth $83,000 after acquiring an additional 1,503 shares in the last quarter. Barclays PLC raised its position in Fidelity D & D Bancorp by 170.6% in the third quarter. Barclays PLC now owns 8,061 shares of the financial services provider’s stock worth $398,000 after acquiring an additional 5,082 shares in the last quarter. Geode Capital Management LLC raised its position in Fidelity D & D Bancorp by 1.9% in the third quarter. Geode Capital Management LLC now owns 109,925 shares of the financial services provider’s stock worth $5,424,000 after acquiring an additional 2,099 shares in the last quarter. State Street Corp raised its position in Fidelity D & D Bancorp by 3.3% in the third quarter. State Street Corp now owns 71,231 shares of the financial services provider’s stock worth $3,515,000 after acquiring an additional 2,280 shares in the last quarter. Finally, CWM LLC raised its position in Fidelity D & D Bancorp by 12,140.0% in the third quarter. CWM LLC now owns 1,224 shares of the financial services provider’s stock worth $60,000 after acquiring an additional 1,214 shares in the last quarter. 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.