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

Landmark Bancorp Inc. (NASDAQ:LARK) Director Jim Lewis sold 367 shares of Landmark Bancorp 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 owned 154,096 shares in the company, valued at $4,481,111.68. This represents a 0.24% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

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 Stock Up 3.4%

LARK traded up $1.00 during trading on Friday, reaching $30.00. 14,194 shares of the stock traded hands, compared to its average volume of 7,125. The stock 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 fifty-two week low of $22.31 and a fifty-two week high of $30.00. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.85 and a quick ratio of 0.85. The stock’s 50-day simple moving average is $27.45 and its two-hundred day simple moving average is $27.09.

Landmark Bancorp (NASDAQ:LARK) last released its quarterly earnings data 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 Announces Dividend

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

Hedge Funds Weigh In On Landmark Bancorp

Several institutional investors have recently bought and sold shares of the stock. The Manufacturers Life Insurance Company raised its holdings in Landmark Bancorp by 12.4% during the fourth quarter. The Manufacturers Life Insurance Company now owns 305,333 shares of the financial services provider’s stock valued at $7,997,000 after buying an additional 33,610 shares in the last quarter. Vanguard Group Inc. raised its holdings in Landmark Bancorp by 1.5% during the third quarter. Vanguard Group Inc. now owns 240,289 shares of the financial services provider’s stock valued at $6,413,000 after buying an additional 3,625 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in Landmark Bancorp by 4.7% during the fourth quarter. Dimensional Fund Advisors LP now owns 192,617 shares of the financial services provider’s stock valued at $5,045,000 after buying an additional 8,708 shares in the last quarter. Geode Capital Management LLC raised its holdings in Landmark Bancorp by 6.0% during the fourth quarter. Geode Capital Management LLC now owns 112,529 shares of the financial services provider’s stock valued at $2,947,000 after buying an additional 6,335 shares in the last quarter. Finally, De Lisle Partners LLP raised its holdings in Landmark Bancorp by 5.0% during the fourth quarter. De Lisle Partners LLP now owns 50,737 shares of the financial services provider’s stock valued at $1,329,000 after buying an additional 2,415 shares in the last quarter. 25.66% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

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