Dimensional Fund Advisors LP Has $705,000 Position in Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC)

Dimensional Fund Advisors LP increased its holdings in shares of Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) by 1.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,450 shares of the financial services provider’s stock after buying an additional 260 shares during the period. Dimensional Fund Advisors LP owned about 0.25% of Fidelity D & D Bancorp worth $705,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its holdings in Fidelity D & D Bancorp by 129.3% during the 4th quarter. JPMorgan Chase & Co. now owns 20,373 shares of the financial services provider’s stock worth $994,000 after purchasing an additional 11,488 shares during the last quarter. Barclays PLC raised its holdings in Fidelity D & D Bancorp by 170.6% during the 3rd quarter. Barclays PLC now owns 8,061 shares of the financial services provider’s stock worth $398,000 after purchasing an additional 5,082 shares during the last quarter. PNC Financial Services Group Inc. raised its holdings in Fidelity D & D Bancorp by 15.9% during the 4th 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 last quarter. Bank of New York Mellon Corp raised its holdings in Fidelity D & D Bancorp by 2.2% during the 4th quarter. Bank of New York Mellon Corp now owns 29,356 shares of the financial services provider’s stock worth $1,433,000 after purchasing an additional 639 shares during the last quarter. Finally, Wells Fargo & Company MN raised its holdings in Fidelity D & D Bancorp by 27.8% during the 4th 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. 20.05% of the stock is currently owned by institutional investors and hedge funds.

Fidelity D & D Bancorp Stock Down 0.8%

Fidelity D & D Bancorp stock opened at $42.19 on Friday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.80 and a current ratio of 0.80. Fidelity D & D Bancorp, Inc. has a 52-week low of $37.00 and a 52-week high of $61.21. The firm has a 50 day moving average price of $41.22 and a two-hundred day moving average price of $46.14. The firm has a market cap of $246.47 million, a price-to-earnings ratio of 11.69 and a beta of 0.96.

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

Fidelity D & D Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 10th. Stockholders of record on Tuesday, May 20th will be paid a $0.40 dividend. The ex-dividend date is Tuesday, May 20th. This represents a $1.60 annualized dividend and a dividend yield of 3.79%. Fidelity D & D Bancorp’s dividend payout ratio is currently 42.55%.

About Fidelity D & D Bancorp

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.