Landmark Bancorp (NASDAQ:LARK) Share Price Passes Above Fifty Day Moving Average – Should You Sell?

Landmark Bancorp Inc. (NASDAQ:LARK)’s share price passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $28.41 and traded as high as $31.75. Landmark Bancorp shares last traded at $30.71, with a volume of 7,955 shares trading hands.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Landmark Bancorp in a report on Wednesday, June 24th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Landmark Bancorp Price Performance

The firm has a market capitalization of $187.27 million, a P/E ratio of 9.83 and a beta of 0.41. The company has a fifty day moving average of $28.41 and a 200 day moving average of $27.30. 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. The firm had revenue of $18.79 million during the quarter. Landmark Bancorp had a net margin of 19.67% and a return on equity of 12.22%.

Landmark Bancorp Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, May 28th. Investors 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 2.7%. The ex-dividend date of this dividend was Thursday, May 14th. Landmark Bancorp’s dividend payout ratio (DPR) is currently 26.92%.

Insiders Place Their Bets

In related news, Director Patrick L. Alexander sold 3,300 shares of the business’s stock in a transaction on Friday, May 29th. The shares were sold at an average price of $28.51, for a total value of $94,083.00. Following the transaction, the director owned 700 shares in the company, valued at $19,957. The trade was a 82.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Jim Lewis sold 900 shares of the company’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of $29.48, for a total transaction of $26,532.00. Following the sale, the director directly owned 153,196 shares in the company, valued at $4,516,218.08. This trade represents a 0.58% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 7,672 shares of company stock valued at $219,563 in the last three months. 12.80% of the stock is owned by insiders.

Institutional Investors Weigh In On Landmark Bancorp

Institutional investors and hedge funds have recently made changes to their positions in the business. The Manufacturers Life Insurance Company grew its stake in Landmark Bancorp by 12.4% during the fourth quarter. The Manufacturers Life Insurance Company now owns 305,333 shares of the financial services provider’s stock worth $7,997,000 after purchasing an additional 33,610 shares during the period. Vanguard Group Inc. lifted its stake in Landmark Bancorp by 1.5% in the third quarter. Vanguard Group Inc. now owns 240,289 shares of the financial services provider’s stock valued at $6,413,000 after buying an additional 3,625 shares during the period. Dimensional Fund Advisors LP boosted its holdings in shares of Landmark Bancorp by 4.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 192,617 shares of the financial services provider’s stock worth $5,045,000 after buying an additional 8,708 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of Landmark Bancorp by 6.0% during the 4th quarter. Geode Capital Management LLC now owns 112,529 shares of the financial services provider’s stock worth $2,947,000 after buying an additional 6,335 shares in the last quarter. Finally, De Lisle Partners LLP boosted its holdings in shares of Landmark Bancorp by 5.0% during the 4th quarter. De Lisle Partners LLP now owns 50,737 shares of the financial services provider’s stock worth $1,329,000 after buying an additional 2,415 shares in the last quarter. Institutional investors own 25.66% of the company’s stock.

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.