Landmark Bancorp (NASDAQ:LARK) Director Jim Lewis Sells 367 Shares

Landmark Bancorp Inc. (NASDAQ:LARK) Director Jim Lewis sold 367 shares of the stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $29.08, for a total value of $10,672.36. Following the transaction, the director directly owned 154,096 shares of the company’s stock, valued at approximately $4,481,111.68. The trade was a 0.24% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Jim Lewis also recently made the following trade(s):

• On Friday, June 12th, Jim Lewis sold 900 shares of Landmark Bancorp stock. The shares were sold at an average price of $29.48, for a total value of $26,532.00.
• On Wednesday, June 10th, Jim Lewis sold 98 shares of Landmark Bancorp stock. The shares were sold at an average price of $29.10, for a total value of $2,851.80.
• On Tuesday, June 9th, Jim Lewis sold 25 shares of Landmark Bancorp stock. The shares were sold at an average price of $29.00, for a total value of $725.00.
• On Thursday, May 28th, Jim Lewis sold 800 shares of Landmark Bancorp stock. The shares were sold at an average price of $28.14, for a total value of $22,512.00.

Landmark Bancorp Price Performance

NASDAQ LARK traded up $1.00 on Friday, reaching $30.00. 14,194 shares of the stock traded hands, compared to its average volume of 7,125. The firm’s fifty day simple moving average is $27.45 and its 200 day simple moving average is $27.09. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.55. The company has a market cap of $182.94 million, a price-to-earnings ratio of 9.60 and a beta of 0.41. Landmark Bancorp Inc. has a 12 month low of $22.31 and a 12 month high of $30.00.

Landmark Bancorp (NASDAQ:LARK) last issued 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 return on equity of 12.22% and a net margin of 19.67%.

Landmark Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 28th. Stockholders of record on Thursday, May 14th were paid a dividend of $0.21 per share. The ex-dividend date of this dividend was Thursday, May 14th. This represents a $0.84 annualized dividend and a dividend yield of 2.8%. Landmark Bancorp’s dividend payout ratio (DPR) is currently 26.92%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Millennium Management LLC purchased a new position in shares of Landmark Bancorp during the third quarter valued at $256,000. Barclays PLC grew its holdings in shares of Landmark Bancorp by 43.0% during the fourth quarter. Barclays PLC now owns 9,196 shares of the financial services provider’s stock valued at $241,000 after buying an additional 2,766 shares in the last quarter. Deutsche Bank AG grew its holdings in shares of Landmark Bancorp by 381.0% during the fourth quarter. Deutsche Bank AG now owns 6,801 shares of the financial services provider’s stock valued at $178,000 after buying an additional 5,387 shares in the last quarter. Wells Fargo & Company MN grew its holdings in shares of Landmark Bancorp by 53.6% during the fourth quarter. Wells Fargo & Company MN now owns 5,346 shares of the financial services provider’s stock valued at $140,000 after buying an additional 1,865 shares in the last quarter. Finally, New York State Common Retirement Fund purchased a new position in shares of Landmark Bancorp during the second quarter valued at $108,000. Hedge funds and other institutional investors own 25.66% of the company’s stock.

Analyst Upgrades and Downgrades

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