Dimensional Fund Advisors LP Cuts Position in Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC)

Dimensional Fund Advisors LP trimmed its holdings in shares of Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) by 11.4% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 13,866 shares of the financial services provider’s stock after selling 1,783 shares during the period. Dimensional Fund Advisors LP owned approximately 0.24% of Fidelity D & D Bancorp worth $607,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Commonwealth Equity Services LLC boosted 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 acquiring an additional 11,540 shares in the last quarter. Vanguard Group Inc. grew its holdings 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 valued at $11,016,000 after buying an additional 4,163 shares during the last quarter. Bank of New York Mellon Corp lifted its position in 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 valued at $1,424,000 after acquiring an additional 1,830 shares in the last quarter. Lewis Asset Management LLC boosted its stake in Fidelity D & D Bancorp by 14.9% during 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 during the last quarter. Finally, BNP Paribas Financial Markets increased its holdings in shares of Fidelity D & D Bancorp by 67.0% in the 1st quarter. BNP Paribas Financial Markets now owns 2,305 shares of the financial services provider’s stock worth $112,000 after purchasing an additional 925 shares in the last quarter. 20.05% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Fidelity D & D Bancorp news, Director Alan Silverman sold 2,000 shares of the company’s stock in a transaction that occurred 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 sale, the director now directly owns 19,049 shares of the company’s stock, valued at approximately $981,023.50. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other Fidelity D & D Bancorp news, CEO Daniel J. Santaniello sold 500 shares of the business’s stock in a transaction dated Friday, September 20th. The stock was sold at an average price of $53.00, for a total transaction of $26,500.00. Following the completion of the sale, the chief executive officer now owns 54,882 shares of the company’s stock, valued at approximately $2,908,746. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Alan Silverman sold 2,000 shares of Fidelity D & D Bancorp stock in a transaction dated Wednesday, September 11th. The shares were sold at an average price of $51.50, for a total value of $103,000.00. Following the transaction, the director now directly owns 19,049 shares in the company, valued at approximately $981,023.50. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 3,500 shares of company stock valued at $182,547. 21.00% of the stock is owned by insiders.

Fidelity D & D Bancorp Trading Up 5.8 %

Shares of NASDAQ:FDBC opened at $50.68 on Monday. 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, Inc. has a 1 year low of $41.10 and a 1 year high of $60.85. The company has a market cap of $290.70 million, a P/E ratio of 17.91 and a beta of 0.59. The stock’s fifty day moving average price is $49.17 and its 200-day moving average price is $47.75.

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

Fidelity D & D Bancorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 10th. Stockholders of record on Tuesday, August 20th were paid a $0.38 dividend. This represents a $1.52 annualized dividend and a dividend yield of 3.00%. The ex-dividend date of this dividend was Tuesday, August 20th. Fidelity D & D Bancorp’s dividend payout ratio (DPR) is presently 53.71%.

Fidelity D & D Bancorp Company 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.