Landmark Bancorp (NASDAQ:LARK) Director Jim Lewis Sells 367 Shares of Stock

Landmark Bancorp Inc. (NASDAQ:LARK) Director Jim Lewis sold 367 shares of the business’s stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $29.08, for a total transaction of $10,672.36. Following the completion of the transaction, the director directly owned 154,096 shares of the company’s stock, valued at approximately $4,481,111.68. This represents a 0.24% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

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

• On Friday, June 12th, Jim Lewis sold 900 shares of Landmark Bancorp stock. The stock was sold at an average price of $29.48, for a total transaction of $26,532.00.
• On Wednesday, June 10th, Jim Lewis sold 98 shares of Landmark Bancorp stock. The stock was 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 stock was 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 stock was sold at an average price of $28.14, for a total transaction of $22,512.00.

Landmark Bancorp Price Performance

LARK stock opened at $30.00 on Friday. 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 one year low of $22.31 and a one year high of $30.00. The stock has a market cap of $183 million, a PE ratio of 9.60 and a beta of 0.41. The firm has a 50 day simple moving average of $27.54 and a two-hundred day simple moving average of $27.11.

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

Landmark Bancorp Announces Dividend

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

Institutional Investors Weigh In On Landmark Bancorp

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. The Manufacturers Life Insurance Company raised its holdings in Landmark Bancorp by 12.4% during the 4th quarter. The Manufacturers Life Insurance Company now owns 305,333 shares of the financial services provider’s stock valued at $7,997,000 after buying an additional 33,610 shares during the last quarter. Vanguard Group Inc. raised its holdings in Landmark Bancorp by 1.5% during the 3rd quarter. Vanguard Group Inc. now owns 240,289 shares of the financial services provider’s stock valued at $6,413,000 after buying an additional 3,625 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in Landmark Bancorp by 4.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 192,617 shares of the financial services provider’s stock valued at $5,045,000 after buying an additional 8,708 shares during the last quarter. Geode Capital Management LLC raised its holdings in Landmark Bancorp by 6.0% during the 4th quarter. Geode Capital Management LLC now owns 112,529 shares of the financial services provider’s stock valued at $2,947,000 after buying an additional 6,335 shares during the last quarter. Finally, De Lisle Partners LLP raised its holdings in Landmark Bancorp by 5.0% during the 4th quarter. De Lisle Partners LLP now owns 50,737 shares of the financial services provider’s stock valued at $1,329,000 after buying an additional 2,415 shares during the last quarter. 25.66% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Landmark Bancorp in a report on Friday, March 27th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock presently has an average rating of “Hold”.

About Landmark Bancorp

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.