Landmark Bancorp Inc. (NASDAQ:LARK – Get Free Report) Director Jim Lewis sold 550 shares of the company’s stock in a transaction that occurred on Friday, October 30th. The shares were sold at an average price of $32.16, for a total value of $17,688.00. Following the transaction, the director directly owned 152,732 shares of the company’s stock, valued at $4,911,861.12. The trade was a 0.36% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Jim Lewis also recently made the following trade(s):
- On Thursday, October 29th, Jim Lewis sold 26 shares of Landmark Bancorp stock. The stock was sold at an average price of $32.48, for a total value of $844.48.
- On Tuesday, October 27th, Jim Lewis sold 183 shares of Landmark Bancorp stock. The stock was sold at an average price of $32.40, for a total value of $5,929.20.
- On Tuesday, September 15th, Jim Lewis sold 400 shares of Landmark Bancorp stock. The stock was sold at an average price of $32.92, for a total value of $13,168.00.
Landmark Bancorp Price Performance
LARK opened at $32.07 on Friday. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.86 and a current ratio of 0.87. Landmark Bancorp Inc. has a 52-week low of $23.57 and a 52-week high of $34.60. The stock has a market capitalization of $195.63 million, a PE ratio of 9.52 and a beta of 0.40. The stock’s 50 day moving average price is $31.85 and its 200-day moving average price is $29.19.
Shares of Landmark Bancorp are going to split before the market opens on Wednesday, December 2nd. The 1.05-1 split was recently announced. The newly issued shares will be distributed to shareholders after the market closes on Tuesday, December 1st.
Landmark Bancorp (NASDAQ:LARK – Get Free Report) last announced its earnings results on Wednesday, October 28th. The financial services provider reported $0.89 EPS for the quarter, meeting analysts’ consensus estimates of $0.89. Landmark Bancorp had a return on equity of 12.68% and a net margin of 21.19%. The company had revenue of $19.24 million during the quarter, compared to the consensus estimate of $19.10 million. On average, equities research analysts predict that Landmark Bancorp Inc. will post 3.47 EPS for the current year.
Landmark Bancorp Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 27th. Shareholders of record on Thursday, November 12th will be issued a $0.21 dividend. The ex-dividend date is Thursday, November 12th. This represents a $0.84 annualized dividend and a yield of 2.6%. Landmark Bancorp’s dividend payout ratio is 25.53%.
Analysts Set New Price Targets
LARK has been the subject of a number of research reports. Weiss Ratings upgraded Landmark Bancorp from a “buy (b)” rating to a “buy (a-)” rating in a report on Friday, October 16th. Wall Street Zen upgraded shares of Landmark Bancorp from a “hold” rating to a “buy” rating in a report on Sunday, July 12th. Finally, Zacks Research upgraded shares of Landmark Bancorp to a “hold” rating in a report on Tuesday, August 4th. One investment analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, Landmark Bancorp currently has a consensus rating of “Buy”.
View Our Latest Stock Report on LARK
Institutional Investors Weigh In On Landmark Bancorp
Several institutional investors and hedge funds have recently made changes to their positions in LARK. Empowered Funds LLC boosted its position in shares of Landmark Bancorp by 9.6% during the 1st quarter. Empowered Funds LLC now owns 23,425 shares of the financial services provider’s stock valued at $581,000 after acquiring an additional 2,053 shares during the last quarter. Keating Financial Advisory Services Inc. purchased a new position in shares of Landmark Bancorp in the second quarter valued at $114,000. Deutsche Bank AG bought a new stake in Landmark Bancorp in the second quarter worth $157,000. Hsbc Holdings PLC bought a new stake in Landmark Bancorp in the second quarter worth $225,000. Finally, Sanctuary Advisors LLC bought a new stake in Landmark Bancorp in the second quarter worth $362,000. Institutional investors own 25.66% of the company’s stock.
Landmark Bancorp Company Profile
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 a range of financial products, including checking and savings accounts, certificates of deposit, consumer loans, residential and commercial real estate loans, agricultural lending, and business financing. The bank also provides online and mobile banking, treasury management, wealth management, and other services designed to support personal and commercial financial needs.
The company serves communities primarily across Kansas through a network of banking locations and electronic delivery channels.
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