JPMorgan Chase & Co. Boosts Stake in Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC)

JPMorgan Chase & Co. boosted its holdings in shares of Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC - Free Report) by 322.7% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,885 shares of the financial services provider's stock after buying an additional 6,783 shares during the quarter. JPMorgan Chase & Co. owned 0.15% of Fidelity D & D Bancorp worth $438,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. CWM LLC raised its stake in shares of Fidelity D & D Bancorp by 12,140.0% in the third quarter. CWM LLC now owns 1,224 shares of the financial services provider's stock valued at $60,000 after acquiring an additional 1,214 shares in the last quarter. FMR LLC raised its position 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 purchasing an additional 1,503 shares in the last quarter. Alliance Wealth Advisors LLC purchased a new position in shares of Fidelity D & D Bancorp in the 3rd quarter valued at about $220,000. Barclays PLC grew its position in shares of Fidelity D & D Bancorp by 170.6% during 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. Finally, Renaissance Technologies LLC increased its stake in shares of Fidelity D & D Bancorp by 10.2% during the second quarter. Renaissance Technologies LLC now owns 9,700 shares of the financial services provider's stock worth $425,000 after buying an additional 900 shares during the period. Hedge funds and other institutional investors own 20.05% of the company's stock.

Fidelity D & D Bancorp Stock Up 0.5 %

Fidelity D & D Bancorp stock traded up $0.22 during trading on Friday, reaching $44.80. The stock had a trading volume of 14,220 shares, compared to its average volume of 5,918. Fidelity D & D Bancorp, Inc. has a 52-week low of $41.00 and a 52-week high of $61.21. The business has a 50 day moving average price of $48.86 and a 200 day moving average price of $50.41. 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 $257.15 million, a PE ratio of 12.41 and a beta of 0.61.

Fidelity D & D Bancorp (NASDAQ:FDBC - Get Free Report) last issued its earnings results on Wednesday, January 29th. The financial services provider reported $1.01 EPS for 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 Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Friday, February 14th will be issued a $0.40 dividend. The ex-dividend date is Friday, February 14th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.57%. Fidelity D & D Bancorp's payout ratio is currently 44.32%.

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.