Commonwealth Equity Services LLC Cuts Holdings in Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC)

Commonwealth Equity Services LLC decreased its position in Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) by 9.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 28,174 shares of the financial services provider’s stock after selling 3,042 shares during the period. Commonwealth Equity Services LLC owned 0.49% of Fidelity D & D Bancorp worth $1,375,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of FDBC. FMR LLC increased its position in shares of Fidelity D & D Bancorp by 849.2% during the 3rd quarter. FMR LLC now owns 1,680 shares of the financial services provider’s stock valued at $83,000 after purchasing an additional 1,503 shares during the last quarter. State Street Corp increased its holdings in Fidelity D & D Bancorp by 3.3% during the third quarter. State Street Corp now owns 71,231 shares of the financial services provider’s stock worth $3,515,000 after buying an additional 2,280 shares during the last quarter. Barclays PLC raised its position in Fidelity D & D Bancorp by 170.6% in the third quarter. Barclays PLC now owns 8,061 shares of the financial services provider’s stock worth $398,000 after acquiring an additional 5,082 shares during the period. Geode Capital Management LLC boosted its stake in Fidelity D & D Bancorp by 1.9% in the third quarter. Geode Capital Management LLC now owns 109,925 shares of the financial services provider’s stock valued at $5,424,000 after acquiring an additional 2,099 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its position in shares of Fidelity D & D Bancorp by 322.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 8,885 shares of the financial services provider’s stock valued at $438,000 after acquiring an additional 6,783 shares during the period. Institutional investors own 20.05% of the company’s stock.

Insiders Place Their Bets

In other Fidelity D & D Bancorp news, Chairman Brian J. Cali purchased 880 shares of the company’s stock in a transaction that occurred on Monday, February 3rd. The shares were bought at an average cost of $44.00 per share, for a total transaction of $38,720.00. Following the purchase, the chairman now owns 403,439 shares of the company’s stock, valued at $17,751,316. This represents a 0.22 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders acquired 1,384 shares of company stock worth $63,258 over the last quarter. 21.00% of the stock is currently owned by company insiders.

Fidelity D & D Bancorp Trading Down 1.9 %

NASDAQ:FDBC opened at $42.48 on Monday. Fidelity D & D Bancorp, Inc. has a 12 month low of $41.00 and a 12 month high of $61.21. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 0.04. The firm’s 50 day moving average is $44.11 and its 200 day moving average is $48.74. The stock has a market capitalization of $244.98 million, a PE ratio of 11.77 and a beta of 0.54.

Fidelity D & D Bancorp (NASDAQ:FDBC) last issued its earnings results on Wednesday, January 29th. The financial services provider reported $1.01 earnings per share (EPS) for the quarter. Fidelity D & D Bancorp had a return on equity of 10.49% and a net margin of 16.50%.

Fidelity D & D Bancorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Friday, February 14th were issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 3.77%. The ex-dividend date was Friday, February 14th. Fidelity D & D Bancorp’s dividend payout ratio (DPR) is presently 44.32%.

About Fidelity D & D Bancorp

Fidelity D&D Bancorp, Inc is a holding company, which engages in the provision of commercial banking services. It operates through the following segments: Commercial and Industrial, Commercial Real Estate, Consumer, and Residential Real Estate. The Commercial and Industrial segment refers to identified historic and/or the projected cash flows of the borrower and secondarily to the underlying collateral provided by the borrower.