Landmark Bancorp (NASDAQ:LARK) Director Jim Lewis Sells 900 Shares of Stock

Landmark Bancorp Inc. (NASDAQ:LARK) Director Jim Lewis sold 900 shares of the firm’s stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $29.48, for a total value of $26,532.00. Following the completion of the sale, the director directly owned 153,196 shares of the company’s stock, valued at approximately $4,516,218.08. The trade was a 0.58% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

• On Thursday, June 11th, Jim Lewis sold 367 shares of Landmark Bancorp stock. The shares were sold at an average price of $29.08, for a total value of $10,672.36.
• On Wednesday, June 10th, Jim Lewis sold 98 shares of Landmark Bancorp stock. The shares were sold at an average price of $29.10, for a total value of $2,851.80.
• On Tuesday, June 9th, Jim Lewis sold 25 shares of Landmark Bancorp stock. The shares were sold at an average price of $29.00, for a total value of $725.00.
• On Thursday, May 28th, Jim Lewis sold 800 shares of Landmark Bancorp stock. The shares were sold at an average price of $28.14, for a total value of $22,512.00.

Landmark Bancorp Stock Performance

LARK opened at $30.00 on Friday. Landmark Bancorp Inc. has a 12-month low of $22.31 and a 12-month high of $30.00. The stock has a market cap of $183 million, a price-to-earnings ratio of 9.60 and a beta of 0.41. The business has a 50 day moving average of $27.54 and a 200-day moving average of $27.11. 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 released its quarterly earnings data on Wednesday, April 29th. The financial services provider reported $0.83 earnings per share (EPS) for the quarter. Landmark Bancorp had a return on equity of 12.22% and a net margin of 19.67%.The company 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 given 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 of this dividend was Thursday, May 14th. Landmark Bancorp’s dividend payout ratio (DPR) is presently 26.92%.

Analyst Upgrades and Downgrades

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

Hedge Funds Weigh In On Landmark Bancorp

A number of large investors have recently made changes to their positions in LARK. Geode Capital Management LLC increased its stake in shares of Landmark Bancorp by 121.8% during the second quarter. Geode Capital Management LLC now owns 103,618 shares of the financial services provider’s stock worth $2,740,000 after purchasing an additional 56,899 shares during the period. The Manufacturers Life Insurance Company increased its stake in shares of Landmark Bancorp by 12.4% during the fourth quarter. The Manufacturers Life Insurance Company now owns 305,333 shares of the financial services provider’s stock worth $7,997,000 after purchasing an additional 33,610 shares during the period. Jane Street Group LLC bought a new position in shares of Landmark Bancorp during the first quarter worth approximately $308,000. Millennium Management LLC bought a new position in shares of Landmark Bancorp during the third quarter worth approximately $256,000. Finally, Dimensional Fund Advisors LP increased its stake in shares of Landmark Bancorp by 4.7% during the fourth quarter. Dimensional Fund Advisors LP now owns 192,617 shares of the financial services provider’s stock worth $5,045,000 after purchasing an additional 8,708 shares during the period. Institutional investors own 25.66% of the company’s stock.

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.