Landmark Bancorp (NASDAQ:LARK) Director Patrick Alexander Sells 1,482 Shares

Landmark Bancorp Inc. (NASDAQ:LARK) Director Patrick Alexander sold 1,482 shares of the company’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $28.50, for a total transaction of $42,237.00. Following the sale, the director directly owned 4,000 shares of the company’s stock, valued at approximately $114,000. This represents a 27.03% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

Landmark Bancorp Stock Performance

Landmark Bancorp stock opened at $28.42 on Friday. The firm has a 50 day simple moving average of $26.70 and a 200-day simple moving average of $26.89. Landmark Bancorp Inc. has a 1-year low of $22.31 and a 1-year high of $29.46. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.85 and a quick ratio of 0.85. The stock has a market cap 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 results on Wednesday, April 29th. The financial services provider reported $0.83 earnings per share for the quarter. Landmark Bancorp had a net margin of 19.67% and a return on equity of 12.22%. The business had revenue of $18.79 million during the quarter.

Landmark Bancorp Announces Dividend

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

Hedge Funds Weigh In On Landmark Bancorp

Several large investors have recently made changes to their positions in the stock. The Manufacturers Life Insurance Company lifted its holdings in shares of 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 worth $7,997,000 after acquiring an additional 33,610 shares during the last quarter. Vanguard Group Inc. lifted its holdings in shares of Landmark Bancorp by 1.5% in the 3rd quarter. Vanguard Group Inc. now owns 240,289 shares of the financial services provider’s stock worth $6,413,000 after acquiring an additional 3,625 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Landmark Bancorp by 4.7% in the 4th quarter. Dimensional Fund Advisors LP now owns 192,617 shares of the financial services provider’s stock worth $5,045,000 after acquiring an additional 8,708 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of Landmark Bancorp by 6.0% in the 4th quarter. Geode Capital Management LLC now owns 112,529 shares of the financial services provider’s stock worth $2,947,000 after acquiring an additional 6,335 shares during the last quarter. Finally, De Lisle Partners LLP lifted its holdings in shares of Landmark Bancorp by 5.0% in the 4th quarter. De Lisle Partners LLP now owns 50,737 shares of the financial services provider’s stock worth $1,329,000 after acquiring an additional 2,415 shares during the last quarter. 25.66% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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