Fidelity D&D Bancorp Inc. (NASDAQ:FDBC) Short Interest Update

Fidelity D&D Bancorp Inc. (NASDAQ:FDBC) was the recipient of a significant decline in short interest in the month of December. As of December 31st, there was short interest totaling 19,425 shares, a decline of 30.1% from the December 15th total of 27,782 shares. Approximately 0.4% of the company’s shares are short sold. Based on an average daily volume of 9,214 shares, the days-to-cover ratio is currently 2.1 days. Based on an average daily volume of 9,214 shares, the days-to-cover ratio is currently 2.1 days. Approximately 0.4% of the company’s shares are short sold.

Fidelity D&D Bancorp Stock Up 0.1%

Shares of FDBC stock traded up $0.04 during trading hours on Monday, hitting $44.00. 6,211 shares of the company were exchanged, compared to its average volume of 7,053. Fidelity D&D Bancorp has a 52 week low of $37.00 and a 52 week high of $50.00. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.03. The business has a 50 day moving average of $44.49 and a two-hundred day moving average of $44.02. The company has a market capitalization of $253.88 million, a PE ratio of 9.76 and a beta of 0.95.

Fidelity D&D Bancorp (NASDAQ:FDBC) last announced its earnings results on Wednesday, October 22nd. The financial services provider reported $1.27 earnings per share for the quarter. The firm had revenue of $23.53 million during the quarter. Fidelity D&D Bancorp had a net margin of 19.03% and a return on equity of 12.10%.

Fidelity D&D Bancorp Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Friday, November 14th were given a dividend of $0.43 per share. This is an increase from Fidelity D&D Bancorp’s previous quarterly dividend of $0.40. This represents a $1.72 annualized dividend and a dividend yield of 3.9%. The ex-dividend date of this dividend was Friday, November 14th. Fidelity D&D Bancorp’s payout ratio is currently 38.14%.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Fidelity D&D Bancorp in a report on Wednesday, October 8th. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company has an average rating of “Hold”.

Insider Activity at Fidelity D&D Bancorp

In other news, Chairman Brian J. Cali bought 1,951 shares of the stock in a transaction on Monday, November 10th. The stock was purchased at an average price of $44.50 per share, with a total value of $86,819.50. Following the completion of the purchase, the chairman owned 417,771 shares of the company’s stock, valued at approximately $18,590,809.50. This trade represents a 0.47% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Daniel J. Santaniello purchased 1,000 shares of Fidelity D&D Bancorp stock in a transaction dated Monday, November 10th. The shares were purchased at an average cost of $44.50 per share, for a total transaction of $44,500.00. Following the completion of the transaction, the chief executive officer owned 60,411 shares of the company’s stock, valued at approximately $2,688,289.50. This represents a 1.68% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 21.00% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Fidelity D&D Bancorp

Institutional investors have recently bought and sold shares of the company. Siena Capital Partners GP LLC acquired a new position in Fidelity D&D Bancorp during the 3rd quarter worth approximately $39,000. BNP Paribas Financial Markets lifted its position in shares of Fidelity D&D Bancorp by 148.9% in the third quarter. BNP Paribas Financial Markets now owns 1,185 shares of the financial services provider’s stock worth $52,000 after purchasing an additional 709 shares in the last quarter. Raymond James Financial Inc. acquired a new position in Fidelity D&D Bancorp during the second quarter worth $56,000. Tower Research Capital LLC TRC boosted its holdings in Fidelity D&D Bancorp by 430.1% during the second quarter. Tower Research Capital LLC TRC now owns 1,251 shares of the financial services provider’s stock worth $58,000 after purchasing an additional 1,015 shares during the last quarter. Finally, CWM LLC grew its position in Fidelity D&D Bancorp by 43.9% in the third quarter. CWM LLC now owns 2,054 shares of the financial services provider’s stock valued at $90,000 after purchasing an additional 627 shares in the last quarter. Institutional investors 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.