Fidelity D&D Bancorp (NASDAQ:FDBC) Director John T. Cognetti sold 350 shares of the business’s stock in a transaction on Monday, June 10th. The stock was sold at an average price of $62.75, for a total transaction of $21,962.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

FDBC stock traded down $0.18 during mid-day trading on Wednesday, hitting $61.42. The company had a trading volume of 1 shares, compared to its average volume of 1,610. The stock has a market cap of $237.07 million, a P/E ratio of 21.18 and a beta of 0.15. Fidelity D&D Bancorp has a 12-month low of $53.01 and a 12-month high of $75.00. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.27.

Fidelity D&D Bancorp (NASDAQ:FDBC) last announced its quarterly earnings results on Wednesday, April 24th. The financial services provider reported $0.73 EPS for the quarter. The business had revenue of $10.37 million for the quarter. Fidelity D&D Bancorp had a net margin of 24.41% and a return on equity of 12.19%.

The business also recently declared a quarterly dividend, which was paid on Monday, June 10th. Shareholders of record on Monday, May 20th were paid a $0.26 dividend. This represents a $1.04 annualized dividend and a yield of 1.69%. The ex-dividend date was Friday, May 17th.

A number of hedge funds have recently made changes to their positions in FDBC. BNP Paribas Arbitrage SA lifted its stake in Fidelity D&D Bancorp by 504.1% in the 1st quarter. BNP Paribas Arbitrage SA now owns 592 shares of the financial services provider’s stock worth $35,000 after purchasing an additional 494 shares in the last quarter. SG Americas Securities LLC purchased a new stake in Fidelity D&D Bancorp in the 1st quarter worth $120,000. Bank of America Corp DE lifted its stake in Fidelity D&D Bancorp by 91.1% in the 4th quarter. Bank of America Corp DE now owns 1,984 shares of the financial services provider’s stock worth $128,000 after purchasing an additional 946 shares in the last quarter. First Trust Advisors LP purchased a new stake in Fidelity D&D Bancorp in the 4th quarter worth $254,000. Finally, Rhumbline Advisers purchased a new stake in Fidelity D&D Bancorp in the 4th quarter worth $257,000. Institutional investors and hedge funds own 11.85% of the company’s stock.

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About Fidelity D&D Bancorp

Fidelity D & D Bancorp, Inc operates as the holding company for The Fidelity Deposit and Discount Bank, a state chartered commercial bank that provides a range of banking, financial, and trust services to individuals, small businesses, and corporate customers primarily in Lackawanna and Luzerne counties in Pennsylvania.

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