Barclays PLC Increases Stock Position in Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC)

Barclays PLC raised its stake in shares of Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) by 11.5% during the 4th quarter, Holdings Channel.com reports. The fund owned 8,991 shares of the financial services provider’s stock after purchasing an additional 930 shares during the quarter. Barclays PLC’s holdings in Fidelity D & D Bancorp were worth $439,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Wells Fargo & Company MN boosted its position in Fidelity D & D Bancorp by 27.8% in the fourth quarter. Wells Fargo & Company MN now owns 2,790 shares of the financial services provider’s stock worth $136,000 after purchasing an additional 607 shares during the last quarter. PNC Financial Services Group Inc. boosted its position in shares of Fidelity D & D Bancorp by 15.9% in the fourth quarter. PNC Financial Services Group Inc. now owns 7,714 shares of the financial services provider’s stock worth $376,000 after purchasing an additional 1,056 shares during the period. JPMorgan Chase & Co. increased its stake in Fidelity D & D Bancorp by 322.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 8,885 shares of the financial services provider’s stock worth $438,000 after buying an additional 6,783 shares in the last quarter. Renaissance Technologies LLC grew its position in shares of Fidelity D & D Bancorp by 3.0% during the fourth quarter. Renaissance Technologies LLC now owns 10,300 shares of the financial services provider’s stock worth $503,000 after purchasing an additional 300 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its position in shares of Fidelity D & D Bancorp by 2.2% during the fourth quarter. Bank of New York Mellon Corp now owns 29,356 shares of the financial services provider’s stock valued at $1,433,000 after buying an additional 639 shares during the last quarter. Institutional investors own 20.05% of the company’s stock.

Fidelity D & D Bancorp Stock Down 2.6 %

Shares of FDBC stock opened at $40.34 on Friday. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 0.04. The stock has a market cap of $235.67 million, a P/E ratio of 11.17 and a beta of 0.96. Fidelity D & D Bancorp, Inc. has a 52 week low of $37.00 and a 52 week high of $61.21. The company’s fifty day simple moving average is $41.34 and its two-hundred day simple moving average is $46.48.

Fidelity D & D Bancorp (NASDAQ:FDBC) last released its quarterly earnings results on Wednesday, April 23rd. The financial services provider reported $1.03 earnings per share (EPS) for the quarter. Fidelity D & D Bancorp had a net margin of 16.50% and a return on equity of 10.49%. The company had revenue of $22.01 million for the quarter.

Fidelity D & D Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 10th. Investors of record on Tuesday, May 20th will be given a $0.40 dividend. The ex-dividend date is Tuesday, May 20th. This represents a $1.60 dividend on an annualized basis and a yield of 3.97%. Fidelity D & D Bancorp’s dividend payout ratio is presently 42.55%.

Fidelity D & D Bancorp Profile

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.