Insider Selling: Landmark Bancorp, Inc. (NASDAQ:LARK) Director Sells $27,807.00 in Stock

Landmark Bancorp, Inc. (NASDAQ:LARK) Director Michael E. Scheopner sold 930 shares of Landmark Bancorp stock in a transaction dated Thursday, May 15th. The shares were sold at an average price of $29.90, for a total transaction of $27,807.00. Following the sale, the director now owns 91,354 shares in the company, valued at approximately $2,731,484.60. This represents a 1.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Landmark Bancorp Price Performance

NASDAQ:LARK opened at $29.06 on Monday. The business’s 50-day moving average price is $27.79 and its 200 day moving average price is $25.18. The firm has a market cap of $167.94 million, a P/E ratio of 12.83 and a beta of 0.28. Landmark Bancorp, Inc. has a 52-week low of $17.53 and a 52-week high of $31.04. The company has a quick ratio of 0.79, a current ratio of 0.80 and a debt-to-equity ratio of 0.81.

Landmark Bancorp (NASDAQ:LARK) last released its earnings results on Wednesday, April 30th. The financial services provider reported $0.81 earnings per share (EPS) for the quarter. The firm had revenue of $16.48 million for the quarter. Landmark Bancorp had a return on equity of 10.51% and a net margin of 14.51%.

Landmark Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 4th. Investors of record on Wednesday, May 21st will be issued a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 2.89%. The ex-dividend date of this dividend is Wednesday, May 21st. Landmark Bancorp’s payout ratio is currently 32.43%.

Analysts Set New Price Targets

Separately, StockNews.com assumed coverage on shares of Landmark Bancorp in a research note on Saturday, March 22nd. They set a “hold” rating on the stock.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Jones Financial Companies Lllp grew its holdings in Landmark Bancorp by 341.5% during the first quarter. Jones Financial Companies Lllp now owns 2,000 shares of the financial services provider’s stock worth $54,000 after acquiring an additional 1,547 shares during the period. Goldman Sachs Group Inc. purchased a new position in Landmark Bancorp in the 1st quarter worth about $213,000. CGN Advisors LLC increased its stake in Landmark Bancorp by 5.0% in the 4th quarter. CGN Advisors LLC now owns 11,045 shares of the financial services provider’s stock worth $265,000 after purchasing an additional 526 shares in the last quarter. Private Advisor Group LLC increased its stake in Landmark Bancorp by 5.0% in the 4th quarter. Private Advisor Group LLC now owns 13,969 shares of the financial services provider’s stock worth $335,000 after purchasing an additional 660 shares in the last quarter. Finally, OneDigital Investment Advisors LLC increased its stake in Landmark Bancorp by 5.0% in the 4th quarter. OneDigital Investment Advisors LLC now owns 14,053 shares of the financial services provider’s stock worth $337,000 after purchasing an additional 671 shares in the last quarter. 25.66% of the stock is owned by institutional investors and hedge funds.

About Landmark Bancorp

Landmark Bancorp, Inc operates as the financial holding company for Landmark National Bank that provides various financial and banking services to its local communities. It offers non-interest bearing demand, money market, checking, and savings accounts, as well as certificates of deposit. The company also provides one-to-four family residential real estate, construction and land, commercial real estate, commercial, paycheck protection program, municipal, and agriculture loans; and consumer and other loans, such as automobile, boat, and home improvement and home equity loans, as well as insurance, and mobile and online banking services.