Landmark Bancorp (NASDAQ:LARK) Stock Price Passes Above Fifty Day Moving Average – What’s Next?

Landmark Bancorp Inc. (NASDAQ:LARK)’s share price passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $27.94 and traded as high as $29.39. Landmark Bancorp shares last traded at $29.32, with a volume of 2,908 shares changing hands.

Wall Street Analysts Forecast Growth

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

Landmark Bancorp Trading Up 0.7%

The business’s fifty day moving average is $28.07 and its 200 day moving average is $27.21. The firm has a market capitalization of $184.22 million, a price-to-earnings ratio of 9.67 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.

Landmark Bancorp (NASDAQ:LARK) last announced its quarterly earnings data on Wednesday, April 29th. The financial services provider reported $0.83 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 Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 28th. Stockholders of record on Thursday, May 14th were issued a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend was Thursday, May 14th. Landmark Bancorp’s dividend payout ratio is presently 26.92%.

Insider Buying and Selling at Landmark Bancorp

In other news, Director Jim Lewis sold 900 shares of Landmark Bancorp stock in a transaction on Friday, June 12th. The stock was sold at an average price of $29.48, for a total transaction of $26,532.00. Following the completion of the sale, the director owned 153,196 shares of the company’s stock, valued at approximately $4,516,218.08. This trade represents a 0.58% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Patrick L. Alexander sold 3,300 shares of the firm’s stock in a transaction on Friday, May 29th. The stock was sold at an average price of $28.51, for a total value of $94,083.00. Following the transaction, the director owned 700 shares in the company, valued at approximately $19,957. This trade represents a 82.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 7,672 shares of company stock valued at $219,563 over the last three months. 12.80% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in LARK. BOKF NA grew its holdings in Landmark Bancorp by 2.0% during the 4th quarter. BOKF NA now owns 19,375 shares of the financial services provider’s stock worth $507,000 after acquiring an additional 375 shares during the period. Empowered Funds LLC grew its stake in Landmark Bancorp by 2.6% in the 1st 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 period. BNP Paribas Financial Markets boosted its stake in Landmark Bancorp by 55.1% in the third quarter. BNP Paribas Financial Markets now owns 1,103 shares of the financial services provider’s stock valued at $29,000 after acquiring an additional 392 shares during the last quarter. CGN Advisors LLC lifted its stake in Landmark Bancorp by 5.0% in the fourth quarter. CGN Advisors LLC now owns 11,559 shares of the financial services provider’s stock valued at $303,000 after purchasing an additional 549 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in shares of Landmark Bancorp by 5.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 14,237 shares of the financial services provider’s stock worth $373,000 after acquiring an additional 677 shares during the period. Institutional investors own 25.66% of the company’s stock.

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.