De Lisle Partners LLP Buys Shares of 56,036 Landmark Bancorp Inc. $LARK

De Lisle Partners LLP purchased a new stake in Landmark Bancorp Inc. (NASDAQ:LARK) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 56,036 shares of the financial services provider’s stock, valued at approximately $1,724,000.

Other hedge funds have also modified their holdings of the company. BNP Paribas Financial Markets increased 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 worth $29,000 after purchasing an additional 392 shares during the last quarter. Jones Financial Companies Lllp lifted its position in Landmark Bancorp by 341.5% in the first quarter. Jones Financial Companies Lllp now owns 2,000 shares of the financial services provider’s stock valued at $54,000 after buying an additional 1,547 shares during the last quarter. JPMorgan Chase & Co. lifted its position in Landmark Bancorp by 8,612.0% in the second quarter. JPMorgan Chase & Co. now owns 2,178 shares of the financial services provider’s stock valued at $58,000 after buying an additional 2,153 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in Landmark Bancorp in the second quarter valued at about $66,000. Finally, New York State Common Retirement Fund purchased a new position in Landmark Bancorp during the second quarter worth about $108,000. 25.66% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Landmark Bancorp

In related news, Director Patrick L. Alexander sold 3,300 shares of the company’s stock in a transaction that occurred on Friday, May 29th. The shares were sold at an average price of $28.51, for a total transaction of $94,083.00. Following the sale, the director directly owned 700 shares of the company’s stock, valued at $19,957. This represents a 82.50% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Jim Lewis sold 900 shares of the 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 owned 153,196 shares in the company, valued at approximately $4,516,218.08. This trade represents a 0.58% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 7,672 shares of company stock valued at $219,563. Insiders own 9.80% of the company’s stock.

Landmark Bancorp Price Performance

LARK stock opened at $32.21 on Friday. The company has a current ratio of 0.87, a quick ratio of 0.86 and a debt-to-equity ratio of 0.63. The company has a market capitalization of $196.48 million, a PE ratio of 9.79 and a beta of 0.39. Landmark Bancorp Inc. has a 12-month low of $23.57 and a 12-month high of $32.44. The business’s fifty day moving average price is $31.08 and its 200 day moving average price is $28.48.

Landmark Bancorp (NASDAQ:LARK) last announced its earnings results on Wednesday, July 29th. The financial services provider reported $0.88 EPS for the quarter, beating analysts’ consensus estimates of $0.83 by $0.05. The company had revenue of $19.18 million during the quarter, compared to analysts’ expectations of $0.06 million. Landmark Bancorp had a return on equity of 12.49% and a net margin of 20.56%. On average, sell-side analysts anticipate that Landmark Bancorp Inc. will post 3.47 EPS for the current year.

Landmark Bancorp Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, August 27th. Stockholders of record on Thursday, August 13th will be given a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend is Thursday, August 13th. Landmark Bancorp’s dividend payout ratio is currently 25.53%.

Analyst Upgrades and Downgrades

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

Landmark Bancorp 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.