Insider Selling: Landmark Bancorp (NASDAQ:LARK) Director Sells $19,950.00 in Stock

Landmark Bancorp Inc. (NASDAQ:LARK) Director Patrick Alexander sold 700 shares of the stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $28.50, for a total transaction of $19,950.00. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

Landmark Bancorp Trading Up 1.8%

LARK opened at $28.75 on Friday. Landmark Bancorp Inc. has a twelve month low of $22.31 and a twelve month high of $29.46. 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 fifty day moving average of $27.00 and a 200-day moving average of $26.99. The stock has a market cap of $175.38 million, a PE ratio of 9.20 and a beta of 0.41.

Landmark Bancorp (NASDAQ:LARK) last posted its quarterly earnings data on Wednesday, April 29th. The financial services provider reported $0.83 earnings per share for the quarter. Landmark Bancorp had a net margin of 19.67% and a return on equity of 12.22%. The company had revenue of $18.79 million during the quarter.

Landmark Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 28th. Stockholders of record on Thursday, May 14th were given a dividend of $0.21 per share. The ex-dividend date was Thursday, May 14th. This represents a $0.84 annualized dividend and a dividend yield of 2.9%. Landmark Bancorp’s dividend payout ratio is 26.92%.

Institutional Investors Weigh In On Landmark Bancorp

A number of large investors have recently bought and sold shares of the stock. BOKF NA grew its holdings in Landmark Bancorp by 2.0% in the fourth quarter. BOKF NA now owns 19,375 shares of the financial services provider’s stock worth $507,000 after purchasing an additional 375 shares during the period. Empowered Funds LLC grew its holdings in Landmark Bancorp by 2.6% in the first quarter. Empowered Funds LLC now owns 14,933 shares of the financial services provider’s stock worth $407,000 after purchasing an additional 377 shares during the period. BNP Paribas Financial Markets grew its holdings in Landmark Bancorp by 55.1% in the third quarter. BNP Paribas Financial Markets now owns 1,103 shares of the financial services provider’s stock worth $29,000 after purchasing an additional 392 shares during the period. CGN Advisors LLC lifted its stake in shares of Landmark Bancorp by 5.0% in the fourth quarter. CGN Advisors LLC now owns 11,559 shares of the financial services provider’s stock valued at $303,000 after buying an additional 549 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its stake in shares of Landmark Bancorp by 5.0% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 14,237 shares of the financial services provider’s stock valued at $373,000 after buying an additional 677 shares in the last quarter. 25.66% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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