Geode Capital Management LLC Has $5.42 Million Stock Position in Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC)

Geode Capital Management LLC boosted its holdings in Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) by 1.9% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 109,925 shares of the financial services provider’s stock after buying an additional 2,099 shares during the quarter. Geode Capital Management LLC owned approximately 1.92% of Fidelity D & D Bancorp worth $5,424,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of FDBC. Bank of New York Mellon Corp lifted its holdings in shares of Fidelity D & D Bancorp by 6.0% in the second quarter. Bank of New York Mellon Corp now owns 32,501 shares of the financial services provider’s stock worth $1,424,000 after acquiring an additional 1,830 shares during the last quarter. Commonwealth Equity Services LLC lifted its stake in Fidelity D & D Bancorp by 59.2% in the 2nd quarter. Commonwealth Equity Services LLC now owns 31,035 shares of the financial services provider’s stock valued at $1,359,000 after purchasing an additional 11,540 shares during the last quarter. Rhumbline Advisers boosted its position in Fidelity D & D Bancorp by 3.6% in the second quarter. Rhumbline Advisers now owns 7,465 shares of the financial services provider’s stock valued at $327,000 after buying an additional 259 shares in the last quarter. Renaissance Technologies LLC boosted its position in Fidelity D & D Bancorp by 10.2% in the second quarter. Renaissance Technologies LLC now owns 9,700 shares of the financial services provider’s stock valued at $425,000 after buying an additional 900 shares in the last quarter. Finally, CWM LLC increased its holdings in shares of Fidelity D & D Bancorp by 12,140.0% during the third quarter. CWM LLC now owns 1,224 shares of the financial services provider’s stock worth $60,000 after buying an additional 1,214 shares in the last quarter. Institutional investors own 20.05% of the company’s stock.

Fidelity D & D Bancorp Trading Up 1.3 %

NASDAQ FDBC opened at $47.58 on Friday. The company has a market cap of $272.92 million, a price-to-earnings ratio of 17.75 and a beta of 0.61. Fidelity D & D Bancorp, Inc. has a twelve month low of $41.10 and a twelve month high of $61.21. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 0.04. The business’s fifty day moving average is $53.04 and its 200 day moving average is $50.46.

Fidelity D & D Bancorp (NASDAQ:FDBC) last released its quarterly earnings results on Wednesday, October 23rd. The financial services provider reported $0.86 earnings per share for the quarter. The company had revenue of $32.28 million for the quarter. Fidelity D & D Bancorp had a return on equity of 10.48% and a net margin of 13.30%. During the same quarter last year, the firm posted $0.93 earnings per share.

Fidelity D & D Bancorp Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 10th. Stockholders of record on Friday, November 15th were paid a dividend of $0.40 per share. The ex-dividend date was Friday, November 15th. This represents a $1.60 annualized dividend and a dividend yield of 3.36%. This is an increase from Fidelity D & D Bancorp’s previous quarterly dividend of $0.38. Fidelity D & D Bancorp’s dividend payout ratio (DPR) is presently 59.70%.

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.