Jim Lewis Sells 800 Shares of Landmark Bancorp (NASDAQ:LARK) Stock

Landmark Bancorp Inc. (NASDAQ:LARK) Director Jim Lewis sold 800 shares of Landmark Bancorp stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $28.14, for a total transaction of $22,512.00. Following the completion of the sale, the director owned 154,586 shares of the company’s stock, valued at approximately $4,350,050.04. The trade was a 0.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Landmark Bancorp Price Performance

LARK traded down $0.18 during trading on Friday, hitting $28.42. 17,329 shares of the stock traded hands, compared to its average volume of 6,451. Landmark Bancorp Inc. has a twelve month low of $22.31 and a twelve month high of $29.46. The company has a market cap of $173.36 million, a price-to-earnings ratio of 9.10 and a beta of 0.39. 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 business has a 50 day moving average price of $26.60 and a 200 day moving average price of $26.88.

Landmark Bancorp (NASDAQ:LARK) last announced its quarterly earnings data on Wednesday, April 29th. The financial services provider reported $0.83 EPS 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 business also recently announced a quarterly dividend, which was paid on Thursday, May 28th. Shareholders of record on Thursday, May 14th were paid a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date of this dividend was Thursday, May 14th. Landmark Bancorp’s payout ratio is presently 26.92%.

Institutional Investors Weigh In On Landmark Bancorp

Institutional investors have recently added to or reduced their stakes in the company. BNP Paribas Financial Markets grew its position in Landmark Bancorp by 55.1% in 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 in the last quarter. Jones Financial Companies Lllp grew its position in shares of Landmark Bancorp by 341.5% during the 1st quarter. Jones Financial Companies Lllp now owns 2,000 shares of the financial services provider’s stock valued at $54,000 after acquiring an additional 1,547 shares during the period. JPMorgan Chase & Co. grew its position in shares of Landmark Bancorp by 8,612.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 2,178 shares of the financial services provider’s stock valued at $58,000 after acquiring an additional 2,153 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in shares of Landmark Bancorp during the 2nd quarter valued at approximately $66,000. Finally, New York State Common Retirement Fund bought a new position in shares of Landmark Bancorp during the 2nd quarter valued at approximately $108,000. 25.66% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

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

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.