Fidelity D&D Bancorp (NASDAQ:FDBC) Shares Pass Above Fifty Day Moving Average – What’s Next?

Fidelity D&D Bancorp Inc. (NASDAQ:FDBC) shares passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $47.20 and traded as high as $51.69. Fidelity D&D Bancorp shares last traded at $51.42, with a volume of 9,539 shares changing hands.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of Fidelity D&D Bancorp in a research report on Tuesday, April 21st. One research analyst has rated the stock with a Hold rating, According to MarketBeat, Fidelity D&D Bancorp currently has a consensus rating of “Hold”.

Fidelity D&D Bancorp Trading Down 1.0%

The company has a debt-to-equity ratio of 0.02, a current ratio of 0.83 and a quick ratio of 0.83. The firm has a fifty day simple moving average of $47.49 and a 200-day simple moving average of $45.73. The firm has a market cap of $306.83 million, a P/E ratio of 10.31 and a beta of 0.83.

Fidelity D&D Bancorp (NASDAQ:FDBC) last released its quarterly earnings data on Wednesday, April 22nd. The financial services provider reported $1.28 EPS for the quarter. Fidelity D&D Bancorp had a return on equity of 12.75% and a net margin of 20.78%.The firm had revenue of $19.41 million during the quarter.

Fidelity D&D Bancorp Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Wednesday, May 20th were given a $0.43 dividend. The ex-dividend date of this dividend was Wednesday, May 20th. This represents a $1.72 annualized dividend and a yield of 3.3%. Fidelity D&D Bancorp’s dividend payout ratio (DPR) is presently 33.59%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Siena Capital Partners GP LLC grew its holdings in shares of Fidelity D&D Bancorp by 2,289.6% during the fourth quarter. Siena Capital Partners GP LLC now owns 21,363 shares of the financial services provider’s stock valued at $930,000 after buying an additional 20,469 shares during the last quarter. AQR Capital Management LLC raised its holdings in shares of Fidelity D&D Bancorp by 34.2% in the 4th quarter. AQR Capital Management LLC now owns 14,600 shares of the financial services provider’s stock worth $636,000 after acquiring an additional 3,721 shares during the last quarter. Jacobi Capital Management LLC lifted its position in Fidelity D&D Bancorp by 14.4% in the 4th quarter. Jacobi Capital Management LLC now owns 9,224 shares of the financial services provider’s stock valued at $402,000 after acquiring an additional 1,158 shares in the last quarter. Martingale Asset Management L P bought a new position in Fidelity D&D Bancorp in the 4th quarter valued at about $312,000. Finally, Quadrature Capital Ltd bought a new position in Fidelity D&D Bancorp in the 4th quarter valued at about $223,000. 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 the bank holding company for Fidelity Deposit & Discount Bank, a New York–chartered community bank headquartered in Melville, New York. Through its banking subsidiary, the company offers a broad range of deposit and lending products designed to meet the needs of individuals, small businesses and commercial clients throughout Long Island’s Nassau and Suffolk counties.

On the deposit side, Fidelity Deposit & Discount Bank provides traditional checking and savings accounts, money market accounts and certificates of deposit.