Landmark Bancorp (NASDAQ:LARK) Director Sells $94,083.00 in Stock

Landmark Bancorp Inc. (NASDAQ:LARKGet Free Report) Director Patrick Alexander sold 3,300 shares of the stock in a transaction on Friday, May 29th. The stock was sold at an average price of $28.51, for a total transaction of $94,083.00. Following the completion of the sale, the director owned 700 shares in the company, valued at $19,957. The trade was a 82.50% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Landmark Bancorp Stock Performance

Shares of NASDAQ:LARK traded down $0.18 during midday trading on Friday, reaching $28.42. The company’s stock had a trading volume of 17,329 shares, compared to its average volume of 6,300. The firm has a market capitalization of $173.36 million, a PE ratio of 9.10 and a beta of 0.39. Landmark Bancorp Inc. has a twelve month low of $22.31 and a twelve month high of $29.46. The stock has a fifty day moving average of $26.70 and a 200 day moving average of $26.89. 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 (NASDAQ:LARKGet Free Report) last released its quarterly earnings data on Wednesday, April 29th. The financial services provider reported $0.83 earnings per share for the quarter. The firm had revenue of $18.79 million for the quarter. Landmark Bancorp had a net margin of 19.67% and a return on equity of 12.22%.

Landmark Bancorp Announces Dividend

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

Wall Street Analyst Weigh In

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

Read Our Latest Research Report on Landmark Bancorp

Institutional Trading of Landmark Bancorp

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. The Manufacturers Life Insurance Company grew its position in Landmark Bancorp by 12.4% during the fourth quarter. The Manufacturers Life Insurance Company now owns 305,333 shares of the financial services provider’s stock valued at $7,997,000 after buying an additional 33,610 shares during the period. Vanguard Group Inc. grew its position in Landmark Bancorp by 1.5% during the third quarter. Vanguard Group Inc. now owns 240,289 shares of the financial services provider’s stock valued at $6,413,000 after buying an additional 3,625 shares during the period. Dimensional Fund Advisors LP grew its position in Landmark Bancorp by 4.7% during the fourth quarter. Dimensional Fund Advisors LP now owns 192,617 shares of the financial services provider’s stock valued at $5,045,000 after buying an additional 8,708 shares during the period. Geode Capital Management LLC grew its position in Landmark Bancorp by 6.0% during the fourth quarter. Geode Capital Management LLC now owns 112,529 shares of the financial services provider’s stock valued at $2,947,000 after buying an additional 6,335 shares during the period. Finally, De Lisle Partners LLP grew its position in Landmark Bancorp by 5.0% during the fourth quarter. De Lisle Partners LLP now owns 50,737 shares of the financial services provider’s stock valued at $1,329,000 after buying an additional 2,415 shares during the period. Institutional investors and hedge funds own 25.66% of the company’s stock.

Landmark Bancorp Company Profile

(Get Free Report)

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.

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