Key Points
- CEO Daniel Santaniello bought 1,000 shares on Nov. 10 at an average price of $44.50 for $44,500, raising his stake to 60,411 shares (a 1.68% ownership increase), as disclosed in an SEC filing.
- Fidelity D&D Bancorp raised its quarterly dividend to $0.43 per share (annualized $1.72) for a yield of about 3.9%, with an ex-dividend date of Nov. 14 and pay date Dec. 10.
- The company reported recent quarterly EPS of $1.27, has a market cap of roughly $255.5 million and a P/E ratio of 9.82, with a 12‑month trading range of $37.00–$57.00.
Fidelity D&D Bancorp Inc. (NASDAQ:FDBC - Get Free Report) CEO Daniel Santaniello purchased 1,000 shares of Fidelity D&D Bancorp stock in a transaction dated Monday, November 10th. The shares were bought at an average price of $44.50 per share, for a total transaction of $44,500.00. Following the acquisition, the chief executive officer owned 60,411 shares in the company, valued at approximately $2,688,289.50. This trade represents a 1.68% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Fidelity D&D Bancorp Price Performance
Fidelity D&D Bancorp stock opened at $44.28 on Tuesday. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.03. The company has a 50-day moving average price of $44.05 and a 200 day moving average price of $43.06. Fidelity D&D Bancorp Inc. has a 12-month low of $37.00 and a 12-month high of $57.00. The stock 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 (NASDAQ:FDBC - Get Free Report) last posted its earnings results on Wednesday, October 22nd. The financial services provider reported $1.27 earnings per share for the quarter. The company had revenue of $23.53 million for the quarter. Fidelity D&D Bancorp had a net margin of 19.03% and a return on equity of 12.36%.
Fidelity D&D Bancorp Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 10th. Shareholders of record on Friday, November 14th will be paid a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a 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 of this dividend is Friday, November 14th. Fidelity D&D Bancorp's payout ratio is 35.48%.
Wall Street Analyst Weigh In
Separately, Weiss Ratings reaffirmed a "hold (c)" rating on shares of Fidelity D&D Bancorp in a research note on Wednesday, October 8th. One analyst has rated the stock with a Hold rating, According to MarketBeat, the stock presently has a consensus rating of "Hold".
Read Our Latest Stock Report on Fidelity D&D Bancorp
Institutional Trading of Fidelity D&D Bancorp
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Raymond James Financial Inc. acquired a new position in Fidelity D&D Bancorp during the second quarter worth $56,000. Tower Research Capital LLC TRC lifted 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 worth $58,000 after acquiring an additional 1,015 shares in the last quarter. CWM LLC boosted its holdings 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 during the period. Meeder Asset Management Inc. purchased a new position in Fidelity D&D Bancorp during the 1st quarter valued at about $90,000. Finally, Curi Capital LLC acquired a new position in Fidelity D&D Bancorp in the 2nd quarter valued at about $201,000. Hedge funds and other institutional investors own 20.05% of the company's stock.
Fidelity D&D Bancorp Company Profile
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Get Free Report)
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.
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