9,080 Shares in Fidelity D&D Bancorp Inc. $FDBC Bought by Nuveen LLC

Key Points

• Nuveen LLC invested approximately $378,000 in Fidelity D&D Bancorp by acquiring 9,080 shares in the first quarter, representing around 0.16% of the company's stock.
• GAMMA Investing LLC significantly increased its position in Fidelity D&D Bancorp by over 35,000% during the same period, now owning 16,270 shares valued at $677,000.
• The company declared a quarterly dividend of $0.40 per share, yielding 3.5%, with the ex-dividend date set for August 15th.

Nuveen LLC bought a new stake in shares of Fidelity D&D Bancorp Inc. (NASDAQ:FDBC - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 9,080 shares of the financial services provider's stock, valued at approximately $378,000. Nuveen LLC owned approximately 0.16% of Fidelity D&D Bancorp at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in FDBC. Wells Fargo & Company MN increased its holdings in shares of 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 valued at $136,000 after purchasing an additional 607 shares in the last quarter. Barclays PLC increased its holdings in shares of Fidelity D&D Bancorp by 11.5% during the 4th quarter. Barclays PLC now owns 8,991 shares of the financial services provider's stock valued at $439,000 after purchasing an additional 930 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Fidelity D&D Bancorp by 1.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 14,450 shares of the financial services provider's stock valued at $705,000 after purchasing an additional 260 shares in the last quarter. Tower Research Capital LLC TRC increased its holdings in shares of Fidelity D&D Bancorp by 62.2% during the 4th quarter. Tower Research Capital LLC TRC now owns 639 shares of the financial services provider's stock valued at $31,000 after purchasing an additional 245 shares in the last quarter. Finally, Bank of America Corp DE increased its holdings in shares of Fidelity D&D Bancorp by 16.5% during the 4th quarter. Bank of America Corp DE now owns 6,314 shares of the financial services provider's stock valued at $308,000 after purchasing an additional 893 shares in the last quarter. 20.05% of the stock is owned by hedge funds and other institutional investors.

Fidelity D&D Bancorp Stock Performance

Shares of NASDAQ:FDBC traded down $1.31 during trading on Friday, hitting $43.95. 4,735 shares of the stock traded hands, compared to its average volume of 5,488. The company has a fifty day moving average price of $43.73 and a two-hundred day moving average price of $42.38. Fidelity D&D Bancorp Inc. has a 52-week low of $37.00 and a 52-week high of $61.21. The company has a market cap of $253.59 million, a price-to-earnings ratio of 10.72 and a beta of 1.03. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.03.

Fidelity D&D Bancorp (NASDAQ:FDBC - Get Free Report) last issued its quarterly earnings results on Wednesday, July 23rd. The financial services provider reported $1.20 EPS for the quarter. The company had revenue of $23.29 million during the quarter. Fidelity D&D Bancorp had a net margin of 17.75% and a return on equity of 11.28%.

Fidelity D&D Bancorp Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 10th. Investors of record on Friday, August 15th will be issued a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 3.6%. The ex-dividend date of this dividend is Friday, August 15th. Fidelity D&D Bancorp's payout ratio is presently 39.02%.

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.