Landmark Bancorp Inc (NASDAQ:LARK) CFO Mark A. Herpich sold 4,483 shares of Landmark Bancorp stock in a transaction on Wednesday, March 14th. The stock was sold at an average price of $28.72, for a total value of $128,751.76. Following the sale, the chief financial officer now owns 75,364 shares in the company, valued at $2,164,454.08. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.
Mark A. Herpich also recently made the following trade(s):
- On Friday, March 9th, Mark A. Herpich sold 3,825 shares of Landmark Bancorp stock. The stock was sold at an average price of $28.90, for a total value of $110,542.50.
Shares of Landmark Bancorp Inc (LARK) opened at $29.00 on Friday. The company has a market capitalization of $119.02, a price-to-earnings ratio of 29.85 and a beta of 0.44. Landmark Bancorp Inc has a 52 week low of $27.02 and a 52 week high of $32.00. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.62 and a current ratio of 0.61.
The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 7th. Stockholders of record on Wednesday, February 21st were paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.76%. This is a boost from Landmark Bancorp’s previous quarterly dividend of $0.19. The ex-dividend date of this dividend was Tuesday, February 20th. Landmark Bancorp’s payout ratio is presently 82.35%.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Northern Trust Corp raised its stake in shares of Landmark Bancorp by 2.9% during the 2nd quarter. Northern Trust Corp now owns 15,543 shares of the financial services provider’s stock worth $466,000 after purchasing an additional 432 shares during the period. Kennedy Capital Management Inc. raised its stake in shares of Landmark Bancorp by 571.2% during the 4th quarter. Kennedy Capital Management Inc. now owns 58,720 shares of the financial services provider’s stock worth $1,702,000 after purchasing an additional 49,972 shares during the period. Renaissance Technologies LLC raised its stake in shares of Landmark Bancorp by 7.4% during the 4th quarter. Renaissance Technologies LLC now owns 59,065 shares of the financial services provider’s stock worth $1,712,000 after purchasing an additional 4,084 shares during the period. Royce & Associates LP raised its stake in shares of Landmark Bancorp by 38.4% during the 3rd quarter. Royce & Associates LP now owns 69,864 shares of the financial services provider’s stock worth $1,974,000 after purchasing an additional 19,383 shares during the period. Finally, Koshinski Asset Management Inc. raised its stake in Landmark Bancorp by 14.6% in the 4th quarter. Koshinski Asset Management Inc. now owns 78,717 shares of the financial services provider’s stock valued at $2,283,000 after acquiring an additional 10,053 shares during the period. Institutional investors own 18.70% of the company’s stock.
Separately, TheStreet cut Landmark Bancorp from a “b-” rating to a “c” rating in a research note on Friday, December 1st.
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About Landmark Bancorp
Landmark Bancorp, Inc is the bank holding company for Landmark National Bank (the Bank). The Bank is principally engaged in the business of attracting deposits from the general public and using such deposits, together with borrowings and other funds, to originate one- to four-family residential real estate, construction and land, commercial real estate, commercial, agriculture, municipal and consumer loans.
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