GAMMA Investing LLC Buys 16,224 Shares of Fidelity D&D Bancorp Inc. (NASDAQ:FDBC)

GAMMA Investing LLC raised its stake in Fidelity D&D Bancorp Inc. (NASDAQ:FDBC - Free Report) by 35,269.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 16,270 shares of the financial services provider's stock after acquiring an additional 16,224 shares during the period. GAMMA Investing LLC owned about 0.28% of Fidelity D&D Bancorp worth $677,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the stock. Liberty Square Wealth Partners LLC bought a new stake in Fidelity D&D Bancorp in the fourth quarter valued at $1,621,000. Deutsche Bank AG grew its holdings in shares of Fidelity D&D Bancorp by 85.9% during the fourth quarter. Deutsche Bank AG now owns 6,624 shares of the financial services provider's stock worth $323,000 after purchasing an additional 3,061 shares during the last quarter. Citadel Advisors LLC grew its holdings in shares of Fidelity D&D Bancorp by 18.9% during the fourth quarter. Citadel Advisors LLC now owns 11,641 shares of the financial services provider's stock worth $568,000 after purchasing an additional 1,853 shares during the last quarter. Bank of America Corp DE grew its holdings in shares of Fidelity D&D Bancorp by 16.5% during the fourth quarter. Bank of America Corp DE now owns 6,314 shares of the financial services provider's stock worth $308,000 after purchasing an additional 893 shares during the last quarter. Finally, Tower Research Capital LLC TRC grew its holdings in shares of Fidelity D&D Bancorp by 62.2% during the fourth quarter. Tower Research Capital LLC TRC now owns 639 shares of the financial services provider's stock worth $31,000 after purchasing an additional 245 shares during the last quarter. 20.05% of the stock is currently owned by institutional investors.

Insider Transactions at Fidelity D&D Bancorp

In other news, COO Eugene J. Walsh sold 1,000 shares of the stock in a transaction on Monday, June 2nd. The stock was sold at an average price of $39.39, for a total transaction of $39,390.00. Following the sale, the chief operating officer now owns 15,201 shares in the company, valued at approximately $598,767.39. This represents a 6.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 21.00% of the company's stock.

Fidelity D&D Bancorp Price Performance

Shares of FDBC stock traded down $1.41 during trading hours on Friday, hitting $40.15. 25,930 shares of the company's stock were exchanged, compared to its average volume of 8,289. The stock's 50-day moving average is $40.68 and its 200-day moving average is $43.75. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.81 and a quick ratio of 0.81. The stock has a market cap of $231.67 million, a price-to-earnings ratio of 10.68 and a beta of 0.95. Fidelity D&D Bancorp Inc. has a 52 week low of $37.00 and a 52 week high of $61.21.

Fidelity D&D Bancorp (NASDAQ:FDBC - Get Free Report) last announced its earnings results on Wednesday, April 23rd. The financial services provider reported $1.03 EPS for the quarter. The company had revenue of $22.01 million for the quarter. Fidelity D&D Bancorp had a return on equity of 10.62% and a net margin of 16.83%.

Fidelity D&D Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 10th. Stockholders of record on Tuesday, May 20th were issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 3.99%. The ex-dividend date was Tuesday, May 20th. Fidelity D&D Bancorp's payout ratio is presently 42.55%.

Fidelity D&D Bancorp Company 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.