Rhumbline Advisers Acquires 259 Shares of Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC)

Rhumbline Advisers increased its holdings in shares of Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) by 3.6% during the second quarter, Holdings Channel.com reports. The firm owned 7,465 shares of the financial services provider’s stock after buying an additional 259 shares during the period. Rhumbline Advisers’ holdings in Fidelity D & D Bancorp were worth $327,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. BNP Paribas Financial Markets lifted its stake in shares of Fidelity D & D Bancorp by 67.0% during the first quarter. BNP Paribas Financial Markets now owns 2,305 shares of the financial services provider’s stock worth $112,000 after buying an additional 925 shares during the period. Lewis Asset Management LLC lifted its stake in shares of Fidelity D & D Bancorp by 14.9% during the first quarter. Lewis Asset Management LLC now owns 11,696 shares of the financial services provider’s stock worth $566,000 after buying an additional 1,516 shares during the period. Commonwealth Equity Services LLC lifted its stake in shares of Fidelity D & D Bancorp by 59.2% during the second quarter. Commonwealth Equity Services LLC now owns 31,035 shares of the financial services provider’s stock worth $1,359,000 after buying an additional 11,540 shares during the period. Bank of New York Mellon Corp lifted 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 buying an additional 1,830 shares during the period. Finally, Vanguard Group Inc. lifted its stake in shares of Fidelity D & D Bancorp by 1.9% during the first quarter. Vanguard Group Inc. now owns 227,459 shares of the financial services provider’s stock worth $11,016,000 after buying an additional 4,163 shares during the period. 20.05% of the stock is currently owned by institutional investors.

Fidelity D & D Bancorp Trading Up 3.5 %

Shares of Fidelity D & D Bancorp stock opened at $49.80 on Friday. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.79 and a quick ratio of 0.79. The firm has a fifty day moving average price of $50.08 and a 200 day moving average price of $47.68. Fidelity D & D Bancorp, Inc. has a 1 year low of $41.10 and a 1 year high of $60.85. The stock has a market cap of $285.65 million, a PE ratio of 17.60 and a beta of 0.60.

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

Fidelity D & D Bancorp Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 10th. Shareholders of record on Tuesday, August 20th were issued a $0.38 dividend. The ex-dividend date was Tuesday, August 20th. This represents a $1.52 annualized dividend and a yield of 3.05%. Fidelity D & D Bancorp’s payout ratio is 53.71%.

Insider Buying and Selling at Fidelity D & D Bancorp

In other news, CEO Daniel J. Santaniello sold 500 shares of the business’s stock in a transaction that occurred on Friday, September 20th. The shares were sold at an average price of $53.00, for a total value of $26,500.00. Following the sale, the chief executive officer now directly owns 54,882 shares of the company’s stock, valued at approximately $2,908,746. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other Fidelity D & D Bancorp news, CEO Daniel J. Santaniello sold 500 shares of the stock in a transaction that occurred on Friday, September 20th. The shares were sold at an average price of $53.00, for a total value of $26,500.00. Following the sale, the chief executive officer now directly owns 54,882 shares of the company’s stock, valued at approximately $2,908,746. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Daniel J. Santaniello sold 759 shares of the stock in a transaction that occurred 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 directly owns 55,382 shares in the company, valued at $2,929,707.80. 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 insiders.

About Fidelity D & D Bancorp

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.