Landmark Bancorp Inc. (NASDAQ:LARK – Get Free Report) Director Jim Lewis sold 367 shares of the stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $29.08, for a total transaction of $10,672.36. Following the sale, the director directly owned 154,096 shares of the company’s stock, valued at $4,481,111.68. The trade was a 0.24% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
Jim Lewis also recently made the following trade(s):
- On Friday, June 12th, Jim Lewis sold 900 shares of Landmark Bancorp stock. The shares were sold at an average price of $29.48, for a total transaction of $26,532.00.
- 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 transaction 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 transaction 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 transaction of $22,512.00.
Landmark Bancorp Stock Performance
Shares of LARK opened at $30.00 on Monday. The stock has a market capitalization of $183 million, a P/E ratio of 9.60 and a beta of 0.41. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.55. The firm has a fifty day simple moving average of $27.54 and a two-hundred day simple moving average of $27.11. Landmark Bancorp Inc. has a twelve month low of $22.31 and a twelve month high of $30.00.
Landmark Bancorp Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, May 28th. Shareholders of record on Thursday, May 14th were given a dividend of $0.21 per share. The ex-dividend date of this dividend was Thursday, May 14th. This represents a $0.84 annualized dividend and a yield of 2.8%. Landmark Bancorp’s dividend payout ratio is presently 26.92%.
Institutional Investors Weigh In On Landmark Bancorp
Several institutional investors and hedge funds have recently modified their holdings of LARK. Geode Capital Management LLC lifted its position in shares of Landmark Bancorp by 121.8% in the 2nd quarter. Geode Capital Management LLC now owns 103,618 shares of the financial services provider’s stock worth $2,740,000 after purchasing an additional 56,899 shares during the period. The Manufacturers Life Insurance Company lifted 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 purchasing an additional 33,610 shares during the period. Jane Street Group LLC purchased a new stake in shares of Landmark Bancorp in the 1st quarter worth about $308,000. Millennium Management LLC purchased a new stake in shares of Landmark Bancorp in the 3rd quarter worth about $256,000. Finally, Dimensional Fund Advisors LP lifted its position in shares of Landmark Bancorp by 4.7% in the 4th quarter. Dimensional Fund Advisors LP now owns 192,617 shares of the financial services provider’s stock worth $5,045,000 after purchasing an additional 8,708 shares during the period. 25.66% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Landmark Bancorp in a research report on Friday, March 27th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Landmark Bancorp currently has an average rating of “Hold”.
View Our Latest Report on LARK
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.
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