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

Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-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 changing hands.

Fidelity D & D Bancorp Price Performance

The company has a market cap of $248.83 million, a PE ratio of 12.02 and a beta of 0.59. The business’s 50 day moving average price is $45.99 and its 200-day moving average price is $49.70. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 0.04.

Fidelity D & D Bancorp (NASDAQ:FDBC) last posted its quarterly earnings data on Wednesday, January 29th. The financial services provider reported $1.01 earnings per share (EPS) 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 declared a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Friday, February 14th will be given 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 payout ratio is currently 44.32%.

Insider Transactions at Fidelity D & D Bancorp

In related news, Chairman Brian J. Cali purchased 880 shares of the firm’s stock in a transaction dated Monday, February 3rd. The stock was acquired at an average price of $44.00 per share, with a total value of $38,720.00. Following the completion of the transaction, the chairman now owns 403,439 shares of the company’s stock, valued at $17,751,316. This represents a 0.22 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 21.00% of the company’s stock.

Institutional Trading of Fidelity D & D Bancorp

Hedge funds have recently made changes to their positions in the stock. Tower Research Capital LLC TRC grew its position in shares of Fidelity D & D Bancorp by 62.2% during the fourth quarter. Tower Research Capital LLC TRC now owns 639 shares of the financial services provider’s stock worth $31,000 after buying an additional 245 shares in the last quarter. CWM LLC boosted its holdings 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 purchasing an additional 1,214 shares during the period. FMR LLC boosted its holdings 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 purchasing an additional 1,503 shares during the period. Wells Fargo & Company MN boosted its holdings in Fidelity D & D Bancorp by 27.8% in the fourth quarter. Wells Fargo & Company MN now owns 2,790 shares of the financial services provider’s stock worth $136,000 after purchasing an additional 607 shares during the period. Finally, Bank of America Corp DE boosted its holdings in Fidelity D & D Bancorp by 16.5% in the fourth quarter. Bank of America Corp DE now owns 6,314 shares of the financial services provider’s stock worth $308,000 after purchasing an additional 893 shares during the period. Institutional investors and hedge funds own 20.05% of the company’s stock.

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.