Patrick Alexander Sells 1,482 Shares of Landmark Bancorp (NASDAQ:LARK) Stock

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

Landmark Bancorp Stock Down 0.6%

LARK traded down $0.18 during trading hours on Friday, hitting $28.42. 17,329 shares of the company’s stock were exchanged, compared to its average volume of 6,300. Landmark Bancorp Inc. has a 1-year low of $22.31 and a 1-year high of $29.46. The stock’s 50-day moving average is $26.70 and its two-hundred day moving average is $26.89. The stock has a market cap of $173.36 million, a price-to-earnings ratio of 9.10 and a beta of 0.39. 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 earnings results on Wednesday, April 29th. The financial services provider reported $0.83 EPS for the quarter. The business had revenue of $18.79 million during the quarter. Landmark Bancorp had a net margin of 19.67% and a return on equity of 12.22%.

Landmark Bancorp Dividend Announcement

The firm also recently announced 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. 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 payout ratio is currently 26.92%.

Analyst Ratings Changes

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

Institutional Investors Weigh In On Landmark Bancorp

A number of institutional investors have recently modified their holdings of the business. BOKF NA lifted its position in shares of Landmark Bancorp by 2.0% during the 4th quarter. BOKF NA now owns 19,375 shares of the financial services provider’s stock valued at $507,000 after acquiring an additional 375 shares during the period. Empowered Funds LLC lifted its position in shares of Landmark Bancorp by 2.6% during the 1st quarter. Empowered Funds LLC now owns 14,933 shares of the financial services provider’s stock valued at $407,000 after acquiring an additional 377 shares during the period. BNP Paribas Financial Markets lifted its position in shares of Landmark Bancorp by 55.1% during the 3rd 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 period. CGN Advisors LLC lifted its position in shares of Landmark Bancorp by 5.0% during the 4th quarter. CGN Advisors LLC now owns 11,559 shares of the financial services provider’s stock valued at $303,000 after acquiring an additional 549 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its position 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 valued at $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.