Landmark Bancorp (NASDAQ:LARK) Director Patrick Alexander Sells 3,300 Shares of Stock

Landmark Bancorp Inc. (NASDAQ:LARK) Director Patrick Alexander sold 3,300 shares of the business’s stock in a transaction on Friday, May 29th. The stock was sold at an average price of $28.51, for a total transaction of $94,083.00. Following the completion of the sale, the director owned 700 shares of the company’s stock, valued at $19,957. The trade was a 82.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Landmark Bancorp Price Performance

Shares of Landmark Bancorp stock opened at $28.42 on Friday. The firm has a fifty day simple moving average of $26.70 and a 200-day simple moving average of $26.89. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.55. Landmark Bancorp Inc. has a 1-year low of $22.31 and a 1-year high of $29.46. The stock has a market capitalization of $173.36 million, a price-to-earnings ratio of 9.10 and a beta of 0.39.

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

Landmark Bancorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 28th. Investors of record on Thursday, May 14th were given 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 of this dividend was Thursday, May 14th. Landmark Bancorp’s payout ratio is currently 26.92%.

Analyst Upgrades and Downgrades

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

Hedge Funds Weigh In On Landmark Bancorp

Several large investors have recently bought and sold shares of the stock. Empowered Funds LLC raised its stake in Landmark Bancorp by 9.6% during the 1st quarter. Empowered Funds LLC now owns 23,425 shares of the financial services provider’s stock valued at $581,000 after purchasing an additional 2,053 shares during the last quarter. First Manhattan CO. LLC. raised its stake in Landmark Bancorp by 5.0% during the 4th quarter. First Manhattan CO. LLC. now owns 20,475 shares of the financial services provider’s stock valued at $536,000 after purchasing an additional 975 shares during the last quarter. Bridgeway Capital Management LLC raised its holdings in Landmark Bancorp by 9.4% in the 4th quarter. Bridgeway Capital Management LLC now owns 48,575 shares of the financial services provider’s stock valued at $1,272,000 after acquiring an additional 4,188 shares in the last quarter. Barclays PLC raised its holdings in Landmark Bancorp by 43.0% in the 4th quarter. Barclays PLC now owns 9,196 shares of the financial services provider’s stock valued at $241,000 after acquiring an additional 2,766 shares in the last quarter. Finally, The Manufacturers Life Insurance Company raised its holdings in Landmark Bancorp by 12.4% in 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 acquiring an additional 33,610 shares in the last quarter. 25.66% of the stock is currently owned by institutional investors and hedge funds.

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.