Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) Shares Sold by Jacobi Capital Management LLC

Jacobi Capital Management LLC decreased its holdings in shares of Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) by 10.2% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 23,227 shares of the financial services provider’s stock after selling 2,626 shares during the period. Jacobi Capital Management LLC owned approximately 0.40% of Fidelity D & D Bancorp worth $1,125,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. BNP Paribas Financial Markets grew its holdings in shares of Fidelity D & D Bancorp by 67.0% in the 1st quarter. BNP Paribas Financial Markets now owns 2,305 shares of the financial services provider’s stock worth $112,000 after acquiring an additional 925 shares during the period. SG Americas Securities LLC acquired a new stake in shares of Fidelity D & D Bancorp in the 4th quarter worth approximately $149,000. Vicus Capital acquired a new stake in shares of Fidelity D & D Bancorp in the 4th quarter worth approximately $232,000. Lewis Asset Management LLC grew its holdings in shares of Fidelity D & D Bancorp by 14.9% in the 1st quarter. Lewis Asset Management LLC now owns 11,696 shares of the financial services provider’s stock worth $566,000 after acquiring an additional 1,516 shares during the period. Finally, Vanguard Group Inc. grew its holdings in shares of Fidelity D & D Bancorp by 1.9% in the 1st quarter. Vanguard Group Inc. now owns 227,459 shares of the financial services provider’s stock worth $11,016,000 after acquiring an additional 4,163 shares during the period. Institutional investors and hedge funds own 20.05% of the company’s stock.

Fidelity D & D Bancorp Price Performance

FDBC stock traded down $1.24 on Monday, reaching $54.04. The company had a trading volume of 13,325 shares, compared to its average volume of 6,664. Fidelity D & D Bancorp, Inc. has a 1 year low of $41.10 and a 1 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 company’s fifty day moving average is $46.13 and its 200 day moving average is $47.39. The company has a market cap of $310.19 million, a P/E ratio of 19.10 and a beta of 0.63.

Fidelity D & D Bancorp (NASDAQ:FDBC) last posted its 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 return on equity of 11.78% and a net margin of 14.94%. The firm had revenue of $19.52 million for the quarter.

Fidelity D & D Bancorp Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 10th. Shareholders of record on Tuesday, August 20th will be paid a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a dividend yield of 2.81%. The ex-dividend date is Tuesday, August 20th. Fidelity D & D Bancorp’s dividend payout ratio 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.