Fidelity D & D Bancorp Inc. Sells 2,500 Shares of Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC)

Fidelity D & D Bancorp Inc. decreased its holdings in shares of Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) by 2.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 101,966 shares of the financial services provider’s stock after selling 2,500 shares during the quarter. Fidelity D & D Bancorp makes up about 3.7% of Fidelity D & D Bancorp Inc.’s holdings, making the stock its 6th biggest position. Fidelity D & D Bancorp Inc.’s holdings in Fidelity D & D Bancorp were worth $4,938,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of FDBC. Lewis Asset Management LLC bought a new position in shares of Fidelity D & D Bancorp during the 4th quarter worth about $591,000. Alliance Wealth Advisors LLC bought a new position in shares of Fidelity D & D Bancorp during the 4th quarter worth about $245,000. Vicus Capital bought a new position in shares of Fidelity D & D Bancorp during the 4th quarter worth about $232,000. Finally, SG Americas Securities LLC bought a new position in shares of Fidelity D & D Bancorp during the 4th quarter worth about $149,000. Institutional investors and hedge funds own 20.05% of the company’s stock.

Fidelity D & D Bancorp Stock Performance

Shares of NASDAQ:FDBC traded up $0.90 on Friday, hitting $43.80. 56,843 shares of the company were exchanged, compared to its average volume of 5,750. Fidelity D & D Bancorp, Inc. has a one year low of $42.00 and a one year high of $60.85. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.78 and a current ratio of 0.78. The firm has a market capitalization of $251.41 million, a price-to-earnings ratio of 15.48 and a beta of 0.67. The company’s 50 day moving average price is $45.82 and its two-hundred day moving average price is $48.72.

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

Fidelity D & D Bancorp Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 10th. Investors of record on Monday, May 20th were given a $0.38 dividend. This represents a $1.52 annualized dividend and a yield of 3.47%. The ex-dividend date was Friday, May 17th. Fidelity D & D Bancorp’s dividend payout ratio (DPR) is presently 53.71%.

Fidelity D & D Bancorp Profile

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.