Geode Capital Management LLC Purchases 2,099 Shares of Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC)

Geode Capital Management LLC boosted its position in Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) by 1.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 109,925 shares of the financial services provider’s stock after buying an additional 2,099 shares during the period. Geode Capital Management LLC’s holdings in Fidelity D & D Bancorp were worth $5,424,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Bank of New York Mellon Corp raised its position in shares of Fidelity D & D Bancorp by 6.0% in the 2nd 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 in the last quarter. 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 worth $1,359,000 after purchasing an additional 11,540 shares in the last quarter. Rhumbline Advisers lifted its stake 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 during the period. Renaissance Technologies LLC boosted its holdings in shares of Fidelity D & D Bancorp by 10.2% during the 2nd quarter. Renaissance Technologies LLC now owns 9,700 shares of the financial services provider’s stock worth $425,000 after buying an additional 900 shares in the last quarter. Finally, CWM LLC grew its position in shares of Fidelity D & D Bancorp by 12,140.0% during the 3rd 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 during the period. Institutional investors own 20.05% of the company’s stock.

Fidelity D & D Bancorp Stock Up 1.3 %

Fidelity D & D Bancorp stock opened at $47.58 on Friday. The company has a market capitalization of $272.92 million, a PE ratio of 17.75 and a beta of 0.61. Fidelity D & D Bancorp, Inc. has a 12-month low of $41.10 and a 12-month high of $61.21. The firm’s fifty day moving average is $53.04 and its 200 day moving average is $50.46. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 0.04.

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

Fidelity D & D Bancorp Increases Dividend

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