Landmark Bancorp (NASDAQ:LARK) Director Sells $13,168.00 in Stock

Landmark Bancorp Inc. (NASDAQ:LARK) Director Jim Lewis sold 400 shares of Landmark Bancorp stock in a transaction dated Tuesday, September 15th. The shares were sold at an average price of $32.92, for a total value of $13,168.00. Following the completion of the sale, the director directly owned 152,796 shares in the company, valued at $5,030,044.32. This represents a 0.26% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Landmark Bancorp Stock Down 2.6%

LARK stock opened at $31.87 on Friday. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.87 and a quick ratio of 0.86. The stock has a market capitalization of $194.44 million, a P/E ratio of 9.69 and a beta of 0.39. The business has a 50-day moving average of $31.83 and a 200-day moving average of $29.09. Landmark Bancorp Inc. has a fifty-two week low of $23.57 and a fifty-two week high of $34.60.

Landmark Bancorp (NASDAQ:LARK) last announced its earnings results on Wednesday, July 29th. The financial services provider reported $0.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.83 by $0.05. Landmark Bancorp had a return on equity of 12.49% and a net margin of 20.56%.The business had revenue of $19.18 million for the quarter, compared to analyst estimates of $0.06 million. On average, sell-side analysts anticipate that Landmark Bancorp Inc. will post 3.47 earnings per share for the current fiscal year.

Landmark Bancorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 27th. Stockholders of record on Thursday, August 13th were given a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend was Thursday, August 13th. Landmark Bancorp’s payout ratio is currently 25.53%.

Institutional Investors Weigh In On Landmark Bancorp

Institutional investors and hedge funds have recently modified their holdings of the company. Hsbc Holdings PLC bought a new position in Landmark Bancorp during the second quarter worth about $225,000. Empowered Funds LLC bought a new position in shares of Landmark Bancorp during the 2nd quarter worth approximately $772,000. The Manufacturers Life Insurance Company acquired a new position in shares of Landmark Bancorp during the 2nd quarter worth approximately $9,178,000. Sanctuary Advisors LLC bought a new stake in Landmark Bancorp in the 2nd quarter valued at $362,000. Finally, De Lisle Partners LLP acquired a new stake in Landmark Bancorp during the 2nd quarter valued at $1,724,000. 25.66% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. Weiss Ratings upgraded shares of Landmark Bancorp from a “hold (c)” rating to a “buy (b)” rating in a research note on Wednesday, July 8th. Wall Street Zen upgraded Landmark Bancorp from a “hold” rating to a “buy” rating in a report on Sunday, July 12th. Finally, Zacks Research raised Landmark Bancorp to a “hold” rating in a research report on Tuesday, August 4th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy”.

About Landmark Bancorp

Landmark Bancorp, Inc is a bank holding company headquartered in Manhattan, Kansas. Through its principal subsidiary, Landmark National Bank, the company provides community banking services to individuals, families, farmers, and businesses.

Landmark National Bank offers deposit products, residential and commercial real estate loans, agricultural lending, consumer loans, and commercial loans. Its banking services also include online and mobile banking, treasury management, debit cards, and other traditional financial services.

The bank serves customers through a network of branches and banking offices located across Kansas, with a presence in communities including Manhattan, Emporia, Lawrence, and Topeka.