Landmark Bancorp (NASDAQ:LARK) Director Jim Lewis Sells 800 Shares

Landmark Bancorp Inc. (NASDAQ:LARK) Director Jim Lewis sold 800 shares of the stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $28.14, for a total value of $22,512.00. Following the sale, the director owned 154,586 shares in the company, valued at approximately $4,350,050.04. This trade represents a 0.51% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link.

Landmark Bancorp Price Performance

Shares of NASDAQ:LARK opened at $28.42 on Friday. The business’s fifty day moving average price is $26.70 and its two-hundred day moving average price is $26.89. The stock has a market cap of $173.36 million, a PE ratio of 9.10 and a beta of 0.39. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.85 and a current ratio of 0.85. Landmark Bancorp Inc. has a one year low of $22.31 and a one year high of $29.46.

Landmark Bancorp (NASDAQ:LARK) last announced its earnings results on Wednesday, April 29th. The financial services provider reported $0.83 EPS for the quarter. The firm had revenue of $18.79 million for the quarter. Landmark Bancorp had a return on equity of 12.22% and a net margin of 19.67%.

Landmark Bancorp Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, May 28th. Shareholders of record on Thursday, May 14th were issued a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date was Thursday, May 14th. Landmark Bancorp’s dividend payout ratio is 26.92%.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of Landmark Bancorp in a report on Friday, March 27th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has a consensus rating of “Hold”.

Institutional Investors Weigh In On Landmark Bancorp

Several hedge funds have recently made changes to their positions in the business. Empowered Funds LLC boosted its holdings in shares of Landmark Bancorp by 9.6% during the first quarter. Empowered Funds LLC now owns 23,425 shares of the financial services provider’s stock worth $581,000 after purchasing an additional 2,053 shares during the last quarter. First Manhattan CO. LLC. boosted its holdings in shares of Landmark Bancorp by 5.0% during the fourth quarter. First Manhattan CO. LLC. now owns 20,475 shares of the financial services provider’s stock worth $536,000 after purchasing an additional 975 shares during the last quarter. Bridgeway Capital Management LLC boosted its holdings in shares of Landmark Bancorp by 9.4% during the fourth quarter. Bridgeway Capital Management LLC now owns 48,575 shares of the financial services provider’s stock worth $1,272,000 after purchasing an additional 4,188 shares during the last quarter. Barclays PLC boosted its holdings in shares of Landmark Bancorp by 43.0% during the fourth quarter. Barclays PLC now owns 9,196 shares of the financial services provider’s stock worth $241,000 after purchasing an additional 2,766 shares during the last quarter. Finally, The Manufacturers Life Insurance Company raised its position in shares of Landmark Bancorp by 12.4% in the 4th quarter. The Manufacturers Life Insurance Company now owns 305,333 shares of the financial services provider’s stock worth $7,997,000 after buying an additional 33,610 shares during the period. Institutional investors and hedge funds own 25.66% of the company’s stock.

Landmark Bancorp Company Profile

Landmark Bancorp, Inc is the bank holding company for Landmark Community Bank, a community‐focused financial institution. The company provides a full range of deposit and lending products through its subsidiary, including checking and savings accounts, certificates of deposit, residential mortgages, home equity lines of credit and small business loans. Landmark Bancorp emphasizes personalized service, leveraging local decision-making to meet the unique needs of individuals and local enterprises.

In addition to traditional deposit and lending services, Landmark Bancorp offers comprehensive cash-management and treasury solutions for commercial clients.