OneDigital Investment Advisors LLC Purchases Shares of 21,994 Landmark Bancorp Inc. $LARK

OneDigital Investment Advisors LLC purchased a new stake in shares of Landmark Bancorp Inc. (NASDAQ:LARK) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 21,994 shares of the financial services provider’s stock, valued at approximately $675,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in LARK. 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 increased its position in shares of Landmark Bancorp by 341.5% in the 1st quarter. Jones Financial Companies Lllp now owns 2,000 shares of the financial services provider’s stock valued at $54,000 after acquiring an additional 1,547 shares during the period. JPMorgan Chase & Co. raised its stake in Landmark Bancorp by 8,612.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 2,178 shares of the financial services provider’s stock worth $58,000 after acquiring an additional 2,153 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in Landmark Bancorp in the 2nd quarter worth $66,000. Finally, New York State Common Retirement Fund purchased a new position in Landmark Bancorp in the 2nd quarter worth $108,000. Hedge funds and other institutional investors own 25.66% of the company’s stock.

Analyst Ratings Changes

Several research firms have weighed in on LARK. Wall Street Zen upgraded Landmark Bancorp from a “hold” rating to a “buy” rating in a research note on Sunday, July 12th. Zacks Research raised Landmark Bancorp to a “hold” rating in a report on Tuesday, August 4th. Finally, Weiss Ratings upgraded Landmark Bancorp from a “hold (c)” rating to a “buy (b)” rating in a research report on Wednesday, July 8th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

Landmark Bancorp Trading Up 0.5%

Shares of Landmark Bancorp stock opened at $32.15 on Wednesday. The stock has a market cap of $196.15 million, a PE ratio of 9.77 and a beta of 0.39. The firm has a fifty day moving average price of $30.91 and a 200 day moving average price of $28.39. Landmark Bancorp Inc. has a 1 year low of $23.57 and a 1 year high of $32.44. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.87 and a quick ratio of 0.86.

Landmark Bancorp (NASDAQ:LARK) last posted its quarterly earnings results on Wednesday, July 29th. The financial services provider reported $0.88 EPS for the quarter, beating the consensus estimate of $0.83 by $0.05. The company had revenue of $19.18 million for the quarter, compared to analyst estimates of $0.06 million. Landmark Bancorp had a net margin of 20.56% and a return on equity of 12.49%. Equities research analysts predict that Landmark Bancorp Inc. will post 3.47 earnings per share for the current year.

Landmark Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, August 27th. Stockholders of record on Thursday, August 13th will be paid a $0.21 dividend. The ex-dividend date is Thursday, August 13th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.6%. Landmark Bancorp’s dividend payout ratio is presently 25.53%.

Insider Activity

In other Landmark Bancorp news, Director Patrick L. Alexander sold 3,300 shares of the company’s stock in a transaction that occurred on Friday, May 29th. The stock was sold at an average price of $28.51, for a total value of $94,083.00. Following the sale, the director owned 700 shares in the company, valued at approximately $19,957. This represents a 82.50% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Jim Lewis sold 900 shares of the firm’s stock in a transaction that occurred on Friday, June 12th. The stock was 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 in the company, valued at $4,516,218.08. The trade was a 0.58% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 7,672 shares of company stock worth $219,563. 9.80% of the stock is owned by corporate insiders.

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.