Jacobi Capital Management LLC Decreases Stock Position in Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC)

Jacobi Capital Management LLC lessened its position in shares of Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC - Free Report) by 50.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,943 shares of the financial services provider's stock after selling 8,094 shares during the period. Jacobi Capital Management LLC owned 0.14% of Fidelity D & D Bancorp worth $388,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. FMR LLC raised its stake in Fidelity D & D Bancorp by 849.2% in the 3rd quarter. FMR LLC now owns 1,680 shares of the financial services provider's stock valued at $83,000 after acquiring an additional 1,503 shares during the period. Barclays PLC boosted its stake in Fidelity D & D Bancorp by 170.6% in the third quarter. Barclays PLC now owns 8,061 shares of the financial services provider's stock worth $398,000 after buying an additional 5,082 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in Fidelity D & D Bancorp by 322.7% in the third 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. Bank of New York Mellon Corp lifted its position in Fidelity D & D Bancorp by 2.2% in 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 purchasing an additional 639 shares during the last quarter. Finally, State Street Corp lifted its position in Fidelity D & D Bancorp by 3.3% in the third quarter. State Street Corp now owns 71,231 shares of the financial services provider's stock valued at $3,515,000 after purchasing an additional 2,280 shares during the last quarter. Institutional investors own 20.05% of the company's stock.

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Fidelity D & D Bancorp Trading Up 0.2 %

Shares of Fidelity D & D Bancorp stock traded up $0.10 during midday trading on Thursday, reaching $43.32. 1,381 shares of the company's stock traded hands, compared to its average volume of 6,320. The stock has a 50 day moving average of $44.98 and a 200-day moving average of $49.61. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.80 and a current ratio of 0.80. The company has a market cap of $248.45 million, a PE ratio of 12.00 and a beta of 0.54. Fidelity D & D Bancorp, Inc. has a 12 month low of $41.00 and a 12 month high of $61.21.

Fidelity D & D Bancorp (NASDAQ:FDBC - Get Free Report) last released its quarterly earnings data on Wednesday, January 29th. The financial services provider reported $1.01 EPS for the quarter. Fidelity D & D Bancorp had a return on equity of 10.49% and a net margin of 16.50%.

Fidelity D & D Bancorp Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Friday, February 14th will be issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 3.69%. The ex-dividend date is Friday, February 14th. Fidelity D & D Bancorp's payout ratio is currently 44.32%.

Insider Buying and Selling at Fidelity D & D Bancorp

In related news, Chairman Brian J. Cali bought 880 shares of the company's stock in a transaction that occurred on Monday, February 3rd. The shares were purchased at an average cost of $44.00 per share, with a total value of $38,720.00. Following the completion of the acquisition, the chairman now directly owns 403,439 shares in the company, valued at approximately $17,751,316. The trade was a 0.22 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 21.00% of the stock is currently owned by corporate insiders.

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.