Fidelity D & D Bancorp (NASDAQ:FDBC) Stock Passes Below Two Hundred Day Moving Average of $50.01

Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $50.01 and traded as low as $45.34. Fidelity D & D Bancorp shares last traded at $45.34, with a volume of 4,697 shares.

Fidelity D & D Bancorp Stock Performance

The company has a debt-to-equity ratio of 0.04, a current ratio of 0.78 and a quick ratio of 0.78. The company’s 50-day moving average price is $46.80 and its two-hundred day moving average price is $50.01. The company has a market capitalization of $260.07 million, a price-to-earnings ratio of 16.02 and a beta of 0.65.

Fidelity D & D Bancorp (NASDAQ:FDBC) last posted its quarterly earnings data on Wednesday, April 24th. The financial services provider reported $0.88 earnings per share for the quarter. Fidelity D & D Bancorp had a net margin of 14.94% and a return on equity of 11.78%. The company had revenue of $19.52 million during the quarter.

Fidelity D & D Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 10th. Shareholders of record on Monday, May 20th will be issued a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a yield of 3.35%. The ex-dividend date of this dividend is Friday, May 17th. Fidelity D & D Bancorp’s payout ratio is 53.71%.

Institutional Investors Weigh In On Fidelity D & D Bancorp

A number of large investors have recently bought and sold shares of FDBC. BNP Paribas Financial Markets grew its holdings in Fidelity D & D Bancorp by 67.0% in the first quarter. BNP Paribas Financial Markets now owns 2,305 shares of the financial services provider’s stock worth $112,000 after purchasing an additional 925 shares during the period. SG Americas Securities LLC acquired a new stake in Fidelity D & D Bancorp in the fourth quarter worth $149,000. Vicus Capital acquired a new stake in Fidelity D & D Bancorp in the fourth quarter worth $232,000. Alliance Wealth Advisors LLC acquired a new stake in Fidelity D & D Bancorp in the fourth quarter worth $245,000. Finally, Lewis Asset Management LLC grew its holdings in Fidelity D & D Bancorp by 14.9% in the first quarter. Lewis Asset Management LLC now owns 11,696 shares of the financial services provider’s stock worth $566,000 after purchasing an additional 1,516 shares during the period. 20.05% of the stock is currently owned by institutional investors and hedge funds.

About Fidelity D & D Bancorp

Fidelity D & D Bancorp, Inc operates as the bank holding company for The Fidelity Deposit and Discount Bank that provides a range of banking, trust, and financial services to individuals, small businesses, and corporate customers. The company accepts savings, club, interest-bearing and non-interest-bearing checking, money market, and short- and long-term time deposits, as well as certificates of deposit.