Jim Lewis Sells 900 Shares of Landmark Bancorp (NASDAQ:LARK) Stock

Landmark Bancorp Inc. (NASDAQ:LARK) Director Jim Lewis sold 900 shares of Landmark Bancorp stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $29.48, for a total transaction of $26,532.00. Following the sale, the director directly owned 153,196 shares of the company’s stock, valued at $4,516,218.08. This represents a 0.58% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Jim Lewis also recently made the following trade(s):

• On Thursday, June 11th, Jim Lewis sold 367 shares of Landmark Bancorp stock. The shares were sold at an average price of $29.08, for a total transaction of $10,672.36.
• On Wednesday, June 10th, Jim Lewis sold 98 shares of Landmark Bancorp stock. The shares were sold at an average price of $29.10, for a total transaction of $2,851.80.
• On Tuesday, June 9th, Jim Lewis sold 25 shares of Landmark Bancorp stock. The shares were sold at an average price of $29.00, for a total transaction of $725.00.
• On Thursday, May 28th, Jim Lewis sold 800 shares of Landmark Bancorp stock. The shares were sold at an average price of $28.14, for a total transaction of $22,512.00.

Landmark Bancorp Stock Up 3.4%

Shares of NASDAQ LARK traded up $1.00 during midday trading on Friday, reaching $30.00. 14,194 shares of the company’s stock traded hands, compared to its average volume of 7,125. 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 stock’s 50 day simple moving average is $27.45 and its 200-day simple moving average is $27.09. Landmark Bancorp Inc. has a one year low of $22.31 and a one year high of $30.00. The company has a market cap of $182.94 million, a price-to-earnings ratio of 9.60 and a beta of 0.41.

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

Landmark Bancorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 28th. Stockholders of record on Thursday, May 14th were paid a dividend of $0.21 per share. The ex-dividend date was Thursday, May 14th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.8%. Landmark Bancorp’s dividend payout ratio (DPR) is currently 26.92%.

Institutional Investors Weigh In On Landmark Bancorp

Several institutional investors have recently bought and sold shares of the company. BNP Paribas Financial Markets lifted its stake in shares of Landmark Bancorp by 55.1% during the third quarter. BNP Paribas Financial Markets now owns 1,103 shares of the financial services provider’s stock worth $29,000 after buying an additional 392 shares during the period. Jones Financial Companies Lllp lifted its stake in shares of 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 worth $54,000 after buying an additional 1,547 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of Landmark Bancorp by 8,612.0% during the second quarter. JPMorgan Chase & Co. now owns 2,178 shares of the financial services provider’s stock worth $58,000 after buying an additional 2,153 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in shares of Landmark Bancorp during the second quarter worth $66,000. Finally, New York State Common Retirement Fund acquired a new stake in shares of Landmark Bancorp during the second quarter worth $108,000. 25.66% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

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