Michael E. Scheopner Sells 916 Shares of Landmark Bancorp, Inc. (NASDAQ:LARK) Stock

Landmark Bancorp, Inc. (NASDAQ:LARK) Director Michael E. Scheopner sold 916 shares of Landmark Bancorp stock in a transaction on Tuesday, May 20th. The shares were sold at an average price of $29.80, for a total transaction of $27,296.80. Following the completion of the sale, the director now owns 90,308 shares in the company, valued at approximately $2,691,178.40. This trade represents a 1.00% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Landmark Bancorp Stock Performance

NASDAQ:LARK opened at $29.66 on Thursday. The stock has a market cap of $171.52 million, a P/E ratio of 13.09 and a beta of 0.28. The firm’s fifty day simple moving average is $28.10 and its 200 day simple moving average is $25.30. Landmark Bancorp, Inc. has a twelve month low of $17.53 and a twelve month high of $31.04. The company has a quick ratio of 0.79, a current ratio of 0.80 and a debt-to-equity ratio of 0.81.

Landmark Bancorp (NASDAQ:LARK) last released its quarterly earnings results on Wednesday, April 30th. The financial services provider reported $0.81 earnings per share for the quarter. The business had revenue of $16.48 million for the quarter. Landmark Bancorp had a net margin of 14.51% and a return on equity of 10.51%.

Landmark Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 4th. Stockholders of record on Wednesday, May 21st will be issued a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.83%. The ex-dividend date of this dividend is Wednesday, May 21st. Landmark Bancorp’s dividend payout ratio (DPR) is presently 32.43%.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. Private Advisor Group LLC boosted its stake in Landmark Bancorp by 5.0% during the fourth quarter. Private Advisor Group LLC now owns 13,969 shares of the financial services provider’s stock worth $335,000 after acquiring an additional 660 shares in the last quarter. Empowered Funds LLC boosted its stake in Landmark Bancorp by 6.9% during the fourth quarter. Empowered Funds LLC now owns 14,556 shares of the financial services provider’s stock worth $349,000 after acquiring an additional 943 shares in the last quarter. RBF Capital LLC boosted its stake in Landmark Bancorp by 4.5% during the fourth quarter. RBF Capital LLC now owns 23,892 shares of the financial services provider’s stock worth $574,000 after acquiring an additional 1,021 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in Landmark Bancorp by 4.9% during the fourth quarter. Dimensional Fund Advisors LP now owns 180,280 shares of the financial services provider’s stock worth $4,329,000 after acquiring an additional 8,490 shares in the last quarter. Finally, BOKF NA boosted its stake in Landmark Bancorp by 5.0% during the fourth quarter. BOKF NA now owns 22,441 shares of the financial services provider’s stock worth $514,000 after acquiring an additional 1,068 shares in the last quarter. 25.66% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of Landmark Bancorp from a “hold” rating to a “buy” rating in a report on Tuesday.

About Landmark Bancorp

Landmark Bancorp, Inc operates as the financial holding company for Landmark National Bank that provides various financial and banking services to its local communities. It offers non-interest bearing demand, money market, checking, and savings accounts, as well as certificates of deposit. The company also provides one-to-four family residential real estate, construction and land, commercial real estate, commercial, paycheck protection program, municipal, and agriculture loans; and consumer and other loans, such as automobile, boat, and home improvement and home equity loans, as well as insurance, and mobile and online banking services.