Landmark Bancorp (NASDAQ:LARK) Director Sells $42,237.00 in Stock

Landmark Bancorp Inc. (NASDAQ:LARK) Director Patrick Alexander sold 1,482 shares of the company’s stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $28.50, for a total value of $42,237.00. Following the sale, the director owned 4,000 shares of the company’s stock, valued at approximately $114,000. The trade was a 27.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

Landmark Bancorp Price Performance

Shares of LARK stock traded down $0.18 on Friday, hitting $28.42. 17,329 shares of the company’s stock were exchanged, compared to its average volume of 6,300. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.85 and a quick ratio of 0.85. Landmark Bancorp Inc. has a 12 month low of $22.31 and a 12 month high of $29.46. The stock has a market cap of $173.36 million, a P/E ratio of 9.10 and a beta of 0.39. The company has a 50 day moving average of $26.70 and a 200 day moving average of $26.89.

Landmark Bancorp (NASDAQ:LARK) last announced its quarterly earnings data on Wednesday, April 29th. The financial services provider reported $0.83 earnings per share for the quarter. Landmark Bancorp had a return on equity of 12.22% and a net margin of 19.67%.The business had revenue of $18.79 million during the quarter.

Landmark Bancorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 28th. Investors of record on Thursday, May 14th were given a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a dividend yield of 3.0%. The ex-dividend date was Thursday, May 14th. Landmark Bancorp’s dividend payout ratio is currently 26.92%.

Hedge Funds Weigh In On Landmark Bancorp

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Empowered Funds LLC increased its holdings in Landmark Bancorp by 9.6% in the 1st quarter. Empowered Funds LLC now owns 23,425 shares of the financial services provider’s stock worth $581,000 after purchasing an additional 2,053 shares in the last quarter. First Manhattan CO. LLC. increased its holdings in Landmark Bancorp by 5.0% in the 4th quarter. First Manhattan CO. LLC. now owns 20,475 shares of the financial services provider’s stock worth $536,000 after purchasing an additional 975 shares in the last quarter. Bridgeway Capital Management LLC increased its holdings in Landmark Bancorp by 9.4% in the 4th quarter. Bridgeway Capital Management LLC now owns 48,575 shares of the financial services provider’s stock worth $1,272,000 after purchasing an additional 4,188 shares in the last quarter. Barclays PLC increased its holdings in Landmark Bancorp by 43.0% in the 4th quarter. Barclays PLC now owns 9,196 shares of the financial services provider’s stock worth $241,000 after purchasing an additional 2,766 shares in the last quarter. Finally, The Manufacturers Life Insurance Company increased its holdings in 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 in the last quarter. Institutional investors and hedge funds own 25.66% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated 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.com, Landmark Bancorp currently has an average rating of “Hold”.

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.