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

Landmark Bancorp Inc. (NASDAQ:LARKGet Free Report) Director Jim Lewis sold 400 shares of Landmark Bancorp stock in a transaction on Tuesday, September 15th. The stock was sold at an average price of $32.92, for a total value of $13,168.00. Following the transaction, the director owned 152,796 shares in the company, valued at approximately $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 this link.

Landmark Bancorp Trading Down 2.3%

Shares of LARK traded down $0.78 during mid-day trading on Wednesday, reaching $32.55. The stock had a trading volume of 11,759 shares, compared to its average volume of 8,158. Landmark Bancorp Inc. has a 52-week low of $23.57 and a 52-week high of $34.60. The firm has a market cap of $198.55 million, a price-to-earnings ratio of 9.90 and a beta of 0.39. The business’s fifty day moving average is $31.75 and its 200 day moving average is $29.04. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.87 and a quick ratio of 0.86.

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

Landmark Bancorp Announces Dividend

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

Institutional Investors Weigh In On Landmark Bancorp

Several institutional investors and hedge funds have recently modified their holdings of the company. Keating Financial Advisory Services Inc. acquired a new position in Landmark Bancorp in the 2nd quarter valued at about $114,000. Deutsche Bank AG acquired a new stake in shares of Landmark Bancorp during the second quarter worth about $157,000. Hsbc Holdings PLC purchased a new position in shares of Landmark Bancorp in the second quarter valued at approximately $225,000. Sanctuary Advisors LLC purchased a new position in shares of Landmark Bancorp in the second quarter valued at approximately $362,000. Finally, Bank of New York Mellon Corp acquired a new position in shares of Landmark Bancorp in the second quarter valued at approximately $449,000. Hedge funds and other institutional investors own 25.66% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently commented on LARK. Weiss Ratings raised Landmark Bancorp from a “hold (c)” rating to a “buy (b)” rating in a research note on Wednesday, July 8th. Zacks Research raised shares of Landmark Bancorp to a “hold” rating in a research note on Tuesday, August 4th. Finally, Wall Street Zen raised shares of Landmark Bancorp from a “hold” rating to a “buy” rating in a research note on Sunday, July 12th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, Landmark Bancorp has a consensus rating of “Moderate Buy”.

View Our Latest Stock Report on LARK

About Landmark Bancorp

(Get Free Report)

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.

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