Siena Capital Partners GP LLC grew its holdings in Fidelity D&D Bancorp Inc. (NASDAQ:FDBC – Free Report) by 2,289.6% during the 4th quarter, HoldingsChannel.com reports. The firm owned 21,363 shares of the financial services provider’s stock after buying an additional 20,469 shares during the period. Siena Capital Partners GP LLC’s holdings in Fidelity D&D Bancorp were worth $930,000 at the end of the most recent quarter.
Several other large investors have also modified their holdings of the business. Lewis Asset Management LLC lifted its stake in shares of Fidelity D&D Bancorp by 4.7% in the 4th quarter. Lewis Asset Management LLC now owns 7,812 shares of the financial services provider’s stock valued at $340,000 after purchasing an additional 353 shares during the last quarter. Bank of America Corp DE raised its holdings in shares of Fidelity D&D Bancorp by 7.5% in the 3rd quarter. Bank of America Corp DE now owns 6,827 shares of the financial services provider’s stock valued at $299,000 after buying an additional 475 shares during the period. Geode Capital Management LLC raised its holdings in shares of Fidelity D&D Bancorp by 0.4% in the 4th quarter. Geode Capital Management LLC now owns 114,262 shares of the financial services provider’s stock valued at $4,975,000 after buying an additional 508 shares during the period. Jane Street Group LLC raised its holdings in shares of Fidelity D&D Bancorp by 8.4% in the 2nd quarter. Jane Street Group LLC now owns 6,758 shares of the financial services provider’s stock valued at $311,000 after buying an additional 523 shares during the period. Finally, BNP Paribas Financial Markets raised its holdings in shares of Fidelity D&D Bancorp by 148.9% in the 3rd quarter. BNP Paribas Financial Markets now owns 1,185 shares of the financial services provider’s stock valued at $52,000 after buying an additional 709 shares during the period. Institutional investors and hedge funds own 20.05% of the company’s stock.
Fidelity D&D Bancorp Price Performance
FDBC stock opened at $47.55 on Monday. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.02. The company has a market capitalization of $276.03 million, a PE ratio of 9.29 and a beta of 0.85. Fidelity D&D Bancorp Inc. has a 12-month low of $39.00 and a 12-month high of $50.00. The business’s fifty day moving average price is $45.27 and its 200 day moving average price is $44.89.
Fidelity D&D Bancorp Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Wednesday, May 20th will be issued a $0.43 dividend. This represents a $1.72 annualized dividend and a dividend yield of 3.6%. The ex-dividend date is Wednesday, May 20th. Fidelity D&D Bancorp’s payout ratio is currently 33.59%.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of Fidelity D&D Bancorp in a report on Tuesday, April 21st. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has a consensus rating of “Hold”.
View Our Latest Report on FDBC
Fidelity D&D Bancorp Profile
Fidelity D&D Bancorp, Inc is the bank holding company for Fidelity Deposit & Discount Bank, a New York–chartered community bank headquartered in Melville, New York. Through its banking subsidiary, the company offers a broad range of deposit and lending products designed to meet the needs of individuals, small businesses and commercial clients throughout Long Island’s Nassau and Suffolk counties.
On the deposit side, Fidelity Deposit & Discount Bank provides traditional checking and savings accounts, money market accounts and certificates of deposit.
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