BNP Paribas Arbitrage SA lifted its holdings in Fidelity D&D Bancorp (NASDAQ:FDBC) by 504.1% in the first quarter, HoldingsChannel reports. The firm owned 592 shares of the financial services provider’s stock after purchasing an additional 494 shares during the quarter. BNP Paribas Arbitrage SA’s holdings in Fidelity D&D Bancorp were worth $35,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Bank of New York Mellon Corp grew its holdings in shares of Fidelity D&D Bancorp by 26.4% during the 3rd quarter. Bank of New York Mellon Corp now owns 8,377 shares of the financial services provider’s stock valued at $577,000 after purchasing an additional 1,749 shares during the last quarter. Vanguard Group Inc. bought a new position in shares of Fidelity D&D Bancorp during the 3rd quarter valued at $6,754,000. Rhumbline Advisers bought a new position in shares of Fidelity D&D Bancorp during the 4th quarter valued at $257,000. First Trust Advisors LP bought a new position in shares of Fidelity D&D Bancorp during the 4th quarter valued at $254,000. Finally, BlackRock Inc. grew its holdings in shares of Fidelity D&D Bancorp by 5.3% during the 4th quarter. BlackRock Inc. now owns 130,990 shares of the financial services provider’s stock valued at $8,407,000 after purchasing an additional 6,592 shares during the last quarter. Institutional investors own 11.85% of the company’s stock.

In other Fidelity D&D Bancorp news, CEO Daniel J. Santaniello sold 4,654 shares of the firm’s stock in a transaction on Monday, June 10th. The shares were sold at an average price of $62.75, for a total value of $292,038.50. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Daniel J. Santaniello sold 5,346 shares of the firm’s stock in a transaction on Tuesday, March 19th. The stock was sold at an average price of $60.95, for a total transaction of $325,838.70. The disclosure for this sale can be found here. In the last three months, insiders sold 10,460 shares of company stock worth $646,455. Insiders own 26.62% of the company’s stock.

FDBC stock opened at $61.30 on Thursday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.86 and a current ratio of 0.86. Fidelity D&D Bancorp has a 52 week low of $53.01 and a 52 week high of $75.00. The firm has a market cap of $232.91 million, a P/E ratio of 20.81 and a beta of 0.15.

Fidelity D&D Bancorp (NASDAQ:FDBC) last released its earnings results on Wednesday, April 24th. The financial services provider reported $0.73 EPS for the quarter. Fidelity D&D Bancorp had a net margin of 24.41% and a return on equity of 12.19%. The company had revenue of $10.37 million for the quarter.

The company also recently declared a quarterly dividend, which was paid on Monday, June 10th. Shareholders of record on Monday, May 20th were issued a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 1.70%. The ex-dividend date was Friday, May 17th.

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Fidelity D&D Bancorp Profile

Fidelity D & D Bancorp, Inc operates as the holding company for The Fidelity Deposit and Discount Bank, a state chartered commercial bank that provides a range of banking, financial, and trust services to individuals, small businesses, and corporate customers primarily in Lackawanna and Luzerne counties in Pennsylvania.

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Institutional Ownership by Quarter for Fidelity D&D Bancorp (NASDAQ:FDBC)

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