Landmark Bancorp (NASDAQ:LARK) Director Sells $19,950.00 in Stock

Landmark Bancorp Inc. (NASDAQ:LARK) Director Patrick Alexander sold 700 shares of the company’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $28.50, for a total transaction of $19,950.00. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Landmark Bancorp Trading Up 0.9%

LARK stock traded up $0.25 during trading on Tuesday, reaching $28.26. The company had a trading volume of 8,974 shares, compared to its average volume of 6,490. Landmark Bancorp Inc. has a 52 week low of $22.31 and a 52 week high of $29.46. The company has a market cap of $172.39 million, a P/E ratio of 9.05 and a beta of 0.41. The business has a 50 day moving average of $26.77 and a 200 day moving average of $26.93. 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 (NASDAQ:LARK) last released its quarterly earnings results on Wednesday, April 29th. The financial services provider reported $0.83 earnings per share (EPS) for the quarter. Landmark Bancorp had a net margin of 19.67% and a return on equity of 12.22%. The company had revenue of $18.79 million during the quarter.

Landmark Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, May 28th. Investors of record on Thursday, May 14th were paid a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend was Thursday, May 14th. Landmark Bancorp’s dividend payout ratio is presently 26.92%.

Hedge Funds Weigh In On Landmark Bancorp

Institutional investors have recently bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. increased its stake in shares of Landmark Bancorp by 807.4% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 4,809 shares of the financial services provider’s stock valued at $126,000 after purchasing an additional 4,279 shares in the last quarter. New York State Common Retirement Fund bought a new position in shares of Landmark Bancorp during the second quarter valued at approximately $108,000. JPMorgan Chase & Co. increased its stake in shares of Landmark Bancorp by 72.8% during the third quarter. JPMorgan Chase & Co. now owns 3,764 shares of the financial services provider’s stock valued at $100,000 after purchasing an additional 1,586 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in shares of Landmark Bancorp during the second quarter valued at approximately $66,000. Finally, Jones Financial Companies Lllp increased its stake in shares of Landmark Bancorp by 341.5% during the first quarter. Jones Financial Companies Lllp now owns 2,000 shares of the financial services provider’s stock valued at $54,000 after purchasing an additional 1,547 shares in the last quarter. 25.66% of the stock is owned by institutional investors.

Analysts Set New Price Targets

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

Landmark Bancorp Company 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.