Renaissance Technologies LLC Raises Position in Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC)

Renaissance Technologies LLC lifted its stake in shares of Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) by 10.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 9,700 shares of the financial services provider’s stock after acquiring an additional 900 shares during the quarter. Renaissance Technologies LLC owned 0.17% of Fidelity D & D Bancorp worth $425,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of the stock. BNP Paribas Financial Markets raised its holdings in Fidelity D & D Bancorp by 67.0% in the first quarter. BNP Paribas Financial Markets now owns 2,305 shares of the financial services provider’s stock valued at $112,000 after acquiring an additional 925 shares in the last quarter. Lewis Asset Management LLC raised 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 valued at $566,000 after purchasing an additional 1,516 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of Fidelity D & D Bancorp by 1.9% during the 1st quarter. Vanguard Group Inc. now owns 227,459 shares of the financial services provider’s stock worth $11,016,000 after purchasing an additional 4,163 shares during the last quarter. Bank of New York Mellon Corp grew its stake in shares of Fidelity D & D Bancorp by 6.0% during 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 purchasing an additional 1,830 shares in the last quarter. Finally, Commonwealth Equity Services LLC increased its holdings in Fidelity D & D Bancorp by 59.2% in the second quarter. Commonwealth Equity Services LLC now owns 31,035 shares of the financial services provider’s stock valued at $1,359,000 after buying an additional 11,540 shares during the last quarter. 20.05% of the stock is currently owned by institutional investors and hedge funds.

Fidelity D & D Bancorp Stock Down 1.3 %

Shares of NASDAQ FDBC opened at $47.90 on Friday. The business has a 50-day moving average of $49.10 and a two-hundred day moving average of $47.72. The company has a market capitalization of $274.75 million, a price-to-earnings ratio of 16.93 and a beta of 0.59. 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 current ratio of 0.79 and a quick ratio of 0.79.

Fidelity D & D Bancorp (NASDAQ:FDBC) last announced its quarterly earnings results on Wednesday, July 24th. The financial services provider reported $0.86 earnings per share (EPS) for the quarter. The firm had revenue of $19.73 million during the quarter. Fidelity D & D Bancorp had a return on equity of 11.27% and a net margin of 14.14%.

Fidelity D & D Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 10th. Investors of record on Tuesday, August 20th were given a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 3.17%. The ex-dividend date was Tuesday, August 20th. Fidelity D & D Bancorp’s dividend payout ratio (DPR) is 53.71%.

Insider Buying and Selling

In other news, Director Alan Silverman sold 2,000 shares of the business’s stock in a transaction dated Wednesday, September 11th. The stock was sold at an average price of $51.50, for a total value of $103,000.00. Following the completion of the sale, the director now directly owns 19,049 shares of the company’s stock, valued at approximately $981,023.50. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In related news, CEO Daniel J. Santaniello sold 759 shares of the stock in a transaction on Wednesday, July 31st. The shares were sold at an average price of $52.90, for a total transaction of $40,151.10. Following the completion of the sale, the chief executive officer now owns 55,382 shares in the company, valued at $2,929,707.80. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Alan Silverman sold 2,000 shares of Fidelity D & D Bancorp stock in a transaction on Wednesday, September 11th. The shares were sold at an average price of $51.50, for a total transaction of $103,000.00. Following the completion of the transaction, the director now owns 19,049 shares in the company, valued at approximately $981,023.50. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 3,500 shares of company stock worth $182,547 in the last ninety days. 21.00% of the stock is owned by corporate insiders.

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.