Insider Selling: Landmark Bancorp (NASDAQ:LARK) Director Sells $94,083.00 in Stock

Landmark Bancorp Inc. (NASDAQ:LARK) Director Patrick Alexander sold 3,300 shares of the stock in a transaction 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 transaction, the director owned 700 shares in the company, valued at $19,957. This trade represents a 82.50% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Landmark Bancorp Stock Performance

NASDAQ LARK opened at $28.42 on Monday. Landmark Bancorp Inc. has a 12 month low of $22.31 and a 12 month 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 company has a market capitalization of $173.36 million, a price-to-earnings ratio of 9.10 and a beta of 0.41. The company’s fifty day moving average price is $26.70 and its two-hundred day moving average price is $26.91.

Landmark Bancorp (NASDAQ:LARK) last posted 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 firm had revenue of $18.79 million for the quarter.

Landmark Bancorp Announces Dividend

The business also recently disclosed 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 yield of 3.0%. The ex-dividend date was Thursday, May 14th. Landmark Bancorp’s dividend payout ratio is 26.92%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of LARK. BNP Paribas Financial Markets lifted its position in shares of 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 buying an additional 392 shares during the last quarter. Jones Financial Companies Lllp increased its holdings in shares of Landmark Bancorp by 341.5% in the 1st quarter. Jones Financial Companies Lllp now owns 2,000 shares of the financial services provider’s stock worth $54,000 after acquiring an additional 1,547 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of Landmark Bancorp by 8,612.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 2,178 shares of the financial services provider’s stock worth $58,000 after acquiring an additional 2,153 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in shares of Landmark Bancorp in the 2nd quarter worth about $66,000. Finally, New York State Common Retirement Fund acquired a new stake in shares of Landmark Bancorp in the 2nd quarter worth about $108,000. 25.66% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

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