Landmark Bancorp (NASDAQ:LARK) Director Sells $17,688.00 in Stock

Landmark Bancorp Inc. (NASDAQ:LARK) Director Jim Lewis sold 550 shares of Landmark Bancorp stock in a transaction dated Friday, October 30th. The stock was sold at an average price of $32.16, for a total value of $17,688.00. Following the completion of the transaction, the director owned 152,732 shares in the company, valued at $4,911,861.12. The trade was a 0.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 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 shares were 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 shares were 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 Stock Performance

Shares of LARK stock traded down $0.20 during trading hours on Friday, reaching $32.07. 5,725 shares of the company’s stock were exchanged, compared to its average volume of 8,898. Landmark Bancorp Inc. has a fifty-two week low of $23.57 and a fifty-two week high of $34.60. The stock has a market capitalization of $195.63 million, a P/E ratio of 9.52 and a beta of 0.40. The business has a fifty day moving average price of $31.86 and a 200-day moving average price of $29.16. The company has a quick ratio of 0.86, a current ratio of 0.87 and a debt-to-equity ratio of 0.63.

Landmark Bancorp’s stock is set to split before the market opens on Wednesday, December 2nd. The 1.05-1 split was recently announced. The newly created shares will be distributed to shareholders after the market closes on Tuesday, December 1st.

Landmark Bancorp (NASDAQ:LARK) last announced its quarterly earnings data on Wednesday, October 28th. The financial services provider reported $0.89 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.89. Landmark Bancorp had a net margin of 21.19% and a return on equity of 12.68%. The business had revenue of $19.24 million for the quarter, compared to the consensus estimate of $19.10 million. Analysts predict that Landmark Bancorp Inc. will post 3.47 EPS for the current fiscal year.

Landmark Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 27th. Stockholders of record on Thursday, November 12th will be issued a dividend of $0.21 per share. The ex-dividend date is Thursday, November 12th. This represents a $0.84 annualized dividend and a dividend yield of 2.6%. Landmark Bancorp’s payout ratio is presently 25.53%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on LARK shares. Weiss Ratings raised Landmark Bancorp from a “buy (b)” rating to a “buy (a-)” rating in a research report on Friday, October 16th. Wall Street Zen upgraded Landmark Bancorp from a “hold” rating to a “buy” rating in a research report on Sunday, July 12th. Finally, Zacks Research raised 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. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy”.

Hedge Funds Weigh In On Landmark Bancorp

Large investors have recently bought and sold shares of the company. Keating Financial Advisory Services Inc. acquired a new stake in shares of Landmark Bancorp in the second quarter valued at about $114,000. Deutsche Bank AG acquired a new stake in Landmark Bancorp during the second quarter worth approximately $157,000. Hsbc Holdings PLC bought a new position in shares of Landmark Bancorp in the second quarter worth $225,000. Sanctuary Advisors LLC bought a new position in Landmark Bancorp in the second quarter valued at approximately $362,000. Finally, Bank of New York Mellon Corp bought a new position in shares of Landmark Bancorp in the 2nd quarter valued at $449,000. Institutional investors and hedge funds own 25.66% of the company’s stock.

About Landmark Bancorp

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.