Insider Selling: Landmark Bancorp (NASDAQ:LARK) Director Sells $42,237.00 in Stock

Landmark Bancorp Inc. (NASDAQ:LARK) Director Patrick Alexander sold 1,482 shares of the business’s stock in a transaction on 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 in the company, valued at $114,000. The trade was a 27.03% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Landmark Bancorp Price Performance

Landmark Bancorp stock opened at $28.42 on Monday. Landmark Bancorp Inc. has a one year low of $22.31 and a one year high of $29.46. The business has a fifty day moving average price of $26.70 and a 200-day moving average price of $26.91. 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 firm has a market capitalization of $173.36 million, a P/E ratio of 9.10 and a beta of 0.41.

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 for the quarter.

Landmark Bancorp Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, May 28th. Shareholders of record on Thursday, May 14th were issued a dividend of $0.21 per share. 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 payout ratio is presently 26.92%.

Hedge Funds Weigh In On Landmark Bancorp

A number of institutional investors have recently made changes to their positions in LARK. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Landmark Bancorp by 807.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 4,809 shares of the financial services provider’s stock worth $126,000 after acquiring an additional 4,279 shares during the last quarter. JPMorgan Chase & Co. increased its stake in Landmark Bancorp by 72.8% in the third quarter. JPMorgan Chase & Co. now owns 3,764 shares of the financial services provider’s stock valued at $100,000 after acquiring an additional 1,586 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in Landmark Bancorp in the second quarter valued at $66,000. New York State Common Retirement Fund purchased a new stake in Landmark Bancorp during the second quarter valued at about $108,000. Finally, Jones Financial Companies Lllp lifted its stake in 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 worth $54,000 after purchasing an additional 1,547 shares during the last quarter. Institutional investors own 25.66% of the company’s stock.

Analyst Upgrades and Downgrades

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