Fidelity D & D Bancorp (NASDAQ:FDBC) Share Price Crosses Below 200 Day Moving Average of $46.23

Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC – Get Rating)’s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $46.23 and traded as low as $38.72. Fidelity D & D Bancorp shares last traded at $39.30, with a volume of 16,279 shares changing hands.

Fidelity D & D Bancorp Stock Performance

The stock has a market capitalization of $222.83 million, a P/E ratio of 7.54 and a beta of 0.34. The company has a quick ratio of 0.72, a current ratio of 0.75 and a debt-to-equity ratio of 0.05. The business has a fifty day moving average price of $43.72 and a 200-day moving average price of $46.23.

Fidelity D & D Bancorp (NASDAQ:FDBC – Get Rating) last announced its quarterly earnings results on Friday, April 21st. The financial services provider reported $1.24 earnings per share (EPS) for the quarter. The firm had revenue of $21.51 million for the quarter. Fidelity D & D Bancorp had a return on equity of 18.24% and a net margin of 29.72%.

Fidelity D & D Bancorp Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 9th. Investors of record on Friday, May 19th will be given a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a yield of 3.66%. The ex-dividend date of this dividend is Thursday, May 18th. Fidelity D & D Bancorp’s dividend payout ratio (DPR) is presently 27.64%.

Institutional Trading of Fidelity D & D Bancorp

Hedge funds have recently bought and sold shares of the company. Jane Street Group LLC purchased a new stake in Fidelity D & D Bancorp during the first quarter valued at $436,000. Susquehanna International Group LLP purchased a new stake in Fidelity D & D Bancorp in the fourth quarter worth about $400,000. HRT Financial LP purchased a new stake in Fidelity D & D Bancorp in the first quarter worth about $339,000. Citigroup Inc. increased its position in Fidelity D & D Bancorp by 49.4% in the first quarter. Citigroup Inc. now owns 6,448 shares of the financial services provider’s stock worth $294,000 after buying an additional 2,132 shares in the last quarter. Finally, Man Group plc purchased a new stake in Fidelity D & D Bancorp in the fourth quarter worth about $212,000. Hedge funds and other institutional investors own 10.61% of the company’s stock.

Fidelity D & D Bancorp Company Profile

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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.