Landmark Bancorp (NASDAQ:LARK) Director Jim Lewis Sells 400 Shares

Landmark Bancorp Inc. (NASDAQ:LARK) Director Jim Lewis sold 400 shares of the business’s stock in a transaction that occurred on Tuesday, September 15th. The shares were sold at an average price of $32.92, for a total value of $13,168.00. Following the completion of the sale, the director directly owned 152,796 shares of the company’s stock, valued at approximately $5,030,044.32. The trade was a 0.26% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Landmark Bancorp Trading Down 2.3%

NASDAQ:LARK opened at $32.55 on Thursday. The company has a market capitalization of $198.55 million, a P/E ratio of 9.90 and a beta of 0.39. The stock’s 50 day moving average price is $31.75 and its 200 day moving average price is $29.04. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.86 and a current ratio of 0.87. Landmark Bancorp Inc. has a 52 week low of $23.57 and a 52 week high of $34.60.

Landmark Bancorp (NASDAQ:LARK) last posted its earnings results on Wednesday, July 29th. The financial services provider reported $0.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.83 by $0.05. Landmark Bancorp had a net margin of 20.56% and a return on equity of 12.49%. The firm had revenue of $19.18 million during the quarter, compared to analysts’ expectations of $0.06 million. On average, research analysts forecast that Landmark Bancorp Inc. will post 3.47 EPS for the current fiscal year.

Landmark Bancorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 27th. Investors of record on Thursday, August 13th were paid a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend was Thursday, August 13th. Landmark Bancorp’s payout ratio is presently 25.53%.

Hedge Funds Weigh In On Landmark Bancorp

A number of institutional investors have recently modified their holdings of the company. Keating Financial Advisory Services Inc. acquired a new stake in shares of Landmark Bancorp in the second quarter worth $114,000. Deutsche Bank AG bought a new position in Landmark Bancorp in the 2nd quarter worth $157,000. Hsbc Holdings PLC bought a new position in Landmark Bancorp in the 2nd quarter worth $225,000. Sanctuary Advisors LLC acquired a new position in Landmark Bancorp during the 2nd quarter worth $362,000. Finally, Bank of New York Mellon Corp acquired a new position in Landmark Bancorp during the 2nd quarter worth $449,000. Institutional investors own 25.66% of the company’s stock.

Analyst Ratings Changes

LARK has been the topic of several analyst reports. Wall Street Zen raised shares of Landmark Bancorp from a “hold” rating to a “buy” rating in a research report on Sunday, July 12th. Zacks Research raised Landmark Bancorp to a “hold” rating in a research report on Tuesday, August 4th. Finally, Weiss Ratings upgraded Landmark Bancorp from a “hold (c)” rating to a “buy (b)” rating in a research note on Wednesday, July 8th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, Landmark Bancorp has a consensus rating of “Moderate Buy”.

Landmark Bancorp Company Profile

Landmark Bancorp, Inc is a bank holding company headquartered in Manhattan, Kansas. Through its principal subsidiary, Landmark National Bank, the company provides community banking services to individuals, families, farmers, and businesses.

Landmark National Bank offers deposit products, residential and commercial real estate loans, agricultural lending, consumer loans, and commercial loans. Its banking services also include online and mobile banking, treasury management, debit cards, and other traditional financial services.

The bank serves customers through a network of branches and banking offices located across Kansas, with a presence in communities including Manhattan, Emporia, Lawrence, and Topeka.