Jim Lewis Sells 900 Shares of Landmark Bancorp (NASDAQ:LARK) Stock

Landmark Bancorp Inc. (NASDAQ:LARK) Director Jim Lewis sold 900 shares of Landmark Bancorp stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $29.48, for a total value of $26,532.00. Following the completion of the transaction, the director directly owned 153,196 shares of the company’s stock, valued at $4,516,218.08. This represents a 0.58% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Jim Lewis also recently made the following trade(s):

• On Thursday, June 11th, Jim Lewis sold 367 shares of Landmark Bancorp stock. The shares were sold at an average price of $29.08, for a total value of $10,672.36.
• On Wednesday, June 10th, Jim Lewis sold 98 shares of Landmark Bancorp stock. The shares were sold at an average price of $29.10, for a total value of $2,851.80.
• On Tuesday, June 9th, Jim Lewis sold 25 shares of Landmark Bancorp stock. The shares were sold at an average price of $29.00, for a total value of $725.00.
• On Thursday, May 28th, Jim Lewis sold 800 shares of Landmark Bancorp stock. The shares were sold at an average price of $28.14, for a total value of $22,512.00.

Landmark Bancorp Stock Performance

Landmark Bancorp stock opened at $30.00 on Friday. The stock has a 50-day simple moving average of $27.54 and a 200 day simple moving average of $27.11. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.55. Landmark Bancorp Inc. has a 12-month low of $22.31 and a 12-month high of $30.00. The stock has a market capitalization of $183 million, a price-to-earnings ratio of 9.60 and a beta of 0.41.

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

Landmark Bancorp Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 28th. Investors of record on Thursday, May 14th were issued a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend was Thursday, May 14th. Landmark Bancorp’s payout ratio is currently 26.92%.

Wall Street Analysts Forecast Growth

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

Institutional Trading of Landmark Bancorp

Several institutional investors and hedge funds have recently added to or reduced their stakes in LARK. Jones Financial Companies Lllp raised its holdings in Landmark Bancorp by 341.5% during the 1st quarter. Jones Financial Companies Lllp now owns 2,000 shares of the financial services provider’s stock worth $54,000 after purchasing an additional 1,547 shares during the last quarter. Goldman Sachs Group Inc. bought a new stake in Landmark Bancorp during the 1st quarter worth about $213,000. Empowered Funds LLC grew its position in shares of Landmark Bancorp by 2.6% during the 1st quarter. Empowered Funds LLC now owns 14,933 shares of the financial services provider’s stock worth $407,000 after buying an additional 377 shares during the period. Jane Street Group LLC acquired a new position in shares of Landmark Bancorp during the 1st quarter worth about $308,000. Finally, Geode Capital Management LLC grew its position in shares of Landmark Bancorp by 121.8% during the 2nd quarter. Geode Capital Management LLC now owns 103,618 shares of the financial services provider’s stock worth $2,740,000 after buying an additional 56,899 shares during the period. 25.66% of the stock is owned by institutional investors.

About Landmark Bancorp

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.