ValuEngine downgraded shares of Landmark Bancorp (NASDAQ:LARK) from a hold rating to a sell rating in a research note released on Monday morning, ValuEngine reports.

Shares of NASDAQ LARK opened at $19.00 on Monday. The business’s 50 day moving average price is $22.48 and its two-hundred day moving average price is $23.62. The company has a market cap of $83.40 million, a PE ratio of 8.19 and a beta of 0.52. The company has a quick ratio of 0.66, a current ratio of 0.67 and a debt-to-equity ratio of 0.23. Landmark Bancorp has a twelve month low of $14.95 and a twelve month high of $26.00.

Landmark Bancorp (NASDAQ:LARK) last announced its quarterly earnings results on Tuesday, January 28th. The financial services provider reported $0.71 earnings per share for the quarter. Landmark Bancorp had a return on equity of 10.29% and a net margin of 20.15%. The firm had revenue of $12.03 million for the quarter.

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Wednesday, February 19th were given a $0.20 dividend. This is an increase from Landmark Bancorp’s previous quarterly dividend of $0.19. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $0.80 annualized dividend and a dividend yield of 4.21%.

In other news, Director Richard Ball bought 2,783 shares of the firm’s stock in a transaction dated Wednesday, March 18th. The shares were bought at an average price of $18.06 per share, with a total value of $50,260.98. Following the completion of the transaction, the director now owns 137,509 shares of the company’s stock, valued at $2,483,412.54. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Patrick L. Alexander sold 6,231 shares of the company’s stock in a transaction that occurred on Friday, February 7th. The shares were sold at an average price of $25.21, for a total value of $157,083.51. The disclosure for this sale can be found here. In the last ninety days, insiders bought 3,043 shares of company stock worth $54,828 and sold 11,042 shares worth $277,728. 18.10% of the stock is currently owned by corporate insiders.

Institutional investors have recently bought and sold shares of the company. California Public Employees Retirement System grew its position in shares of Landmark Bancorp by 5.0% in the fourth quarter. California Public Employees Retirement System now owns 11,115 shares of the financial services provider’s stock valued at $278,000 after purchasing an additional 529 shares during the last quarter. LSV Asset Management boosted its stake in shares of Landmark Bancorp by 5.0% in the fourth quarter. LSV Asset Management now owns 13,068 shares of the financial services provider’s stock valued at $327,000 after buying an additional 619 shares during the period. Koshinski Asset Management Inc. bought a new stake in shares of Landmark Bancorp in the fourth quarter valued at approximately $1,725,000. Fourthstone LLC bought a new stake in shares of Landmark Bancorp in the fourth quarter valued at approximately $1,864,000. Finally, Renaissance Technologies LLC boosted its stake in shares of Landmark Bancorp by 14.0% in the fourth quarter. Renaissance Technologies LLC now owns 97,950 shares of the financial services provider’s stock valued at $2,454,000 after buying an additional 12,057 shares during the period. 22.91% of the stock is currently owned by institutional investors.

Landmark Bancorp Company Profile

Landmark Bancorp, Inc operates as the bank holding company for Landmark National Bank that provides various financial and banking services. The company offers checking, savings, and money market accounts, as well as certificates of deposit. It also provides various loan products, such as one-to-four family residential real estate, construction and land, commercial real estate, commercial, municipal, and agriculture loans, as well as consumer and other loans, including automobile, boat, home improvement, and home equity loans.

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