Landmark Bancorp (NASDAQ:LARK) Director Jim Lewis Sells 800 Shares

Landmark Bancorp Inc. (NASDAQ:LARK) Director Jim Lewis sold 800 shares of the firm’s stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $28.14, for a total transaction of $22,512.00. Following the completion of the transaction, the director directly owned 154,586 shares of the company’s stock, valued at approximately $4,350,050.04. This trade represents a 0.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Landmark Bancorp Stock Performance

LARK traded down $0.18 on Friday, hitting $28.42. The company’s stock had a trading volume of 17,329 shares, compared to its average volume of 6,451. Landmark Bancorp Inc. has a 12 month low of $22.31 and a 12 month high of $29.46. 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 market cap of $173.36 million, a P/E ratio of 9.10 and a beta of 0.39. The company’s 50 day simple moving average is $26.60 and its 200-day simple moving average is $26.88.

Landmark Bancorp (NASDAQ:LARK) last posted its earnings results on Wednesday, April 29th. The financial services provider reported $0.83 earnings per share (EPS) for the quarter. The business 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 Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 28th. Investors of record on Thursday, May 14th were issued 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 dividend yield of 3.0%. Landmark Bancorp’s dividend payout ratio (DPR) is currently 26.92%.

Institutional Trading of Landmark Bancorp

Several large investors have recently added to or reduced their stakes in the business. Jones Financial Companies Lllp lifted its position in Landmark Bancorp by 341.5% during the first quarter. Jones Financial Companies Lllp now owns 2,000 shares of the financial services provider’s stock valued at $54,000 after purchasing an additional 1,547 shares during the last quarter. Goldman Sachs Group Inc. bought a new position in Landmark Bancorp during the first quarter valued at $213,000. Empowered Funds LLC lifted its position in Landmark Bancorp by 2.6% during the first quarter. Empowered Funds LLC now owns 14,933 shares of the financial services provider’s stock valued at $407,000 after purchasing an additional 377 shares during the last quarter. Jane Street Group LLC bought a new position in Landmark Bancorp during the first quarter valued at $308,000. Finally, Geode Capital Management LLC lifted its position in Landmark Bancorp by 121.8% during the second quarter. Geode Capital Management LLC now owns 103,618 shares of the financial services provider’s stock valued at $2,740,000 after purchasing an additional 56,899 shares during the last quarter. 25.66% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Landmark Bancorp in a report on Friday, March 27th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Hold”.

About Landmark Bancorp

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.