Landmark Bancorp, Inc. (NASDAQ:LARK) Director Sells $78,385.07 in Stock

Landmark Bancorp, Inc. (NASDAQ:LARK) Director Michael E. Scheopner sold 3,097 shares of the company’s stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $25.31, for a total transaction of $78,385.07. Following the transaction, the director now owns 131,269 shares of the company’s stock, valued at approximately $3,322,418.39. The trade was a 2.30 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link.

Landmark Bancorp Stock Up 0.9 %

LARK opened at $25.74 on Friday. The company has a debt-to-equity ratio of 0.81, a current ratio of 0.80 and a quick ratio of 0.79. Landmark Bancorp, Inc. has a 12 month low of $17.05 and a 12 month high of $26.75. The stock has a market capitalization of $148.78 million, a P/E ratio of 11.36 and a beta of 0.46. The business has a 50 day simple moving average of $24.16 and a 200-day simple moving average of $22.06.

Landmark Bancorp (NASDAQ:LARK) last released its earnings results on Tuesday, February 4th. The financial services provider reported $0.71 EPS for the quarter. Landmark Bancorp had a return on equity of 10.51% and a net margin of 14.51%.

Landmark Bancorp Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 5th. Shareholders of record on Wednesday, February 19th will be given a dividend of $0.21 per share. This is a positive change from Landmark Bancorp’s previous quarterly dividend of $0.20. This represents a $0.84 annualized dividend and a yield of 3.26%. The ex-dividend date is Wednesday, February 19th. Landmark Bancorp’s dividend payout ratio is presently 35.32%.

Institutional Investors Weigh In On Landmark Bancorp

Hedge funds and other institutional investors have recently modified their holdings of the stock. CGN Advisors LLC grew its holdings in shares of Landmark Bancorp by 5.0% in the 4th quarter. CGN Advisors LLC now owns 11,045 shares of the financial services provider’s stock worth $265,000 after acquiring an additional 526 shares during the period. Empowered Funds LLC boosted its position in Landmark Bancorp by 5.2% during the third quarter. Empowered Funds LLC now owns 13,613 shares of the financial services provider’s stock worth $275,000 after purchasing an additional 670 shares in the last quarter. Private Advisor Group LLC grew its holdings in Landmark Bancorp by 5.0% in the fourth quarter. Private Advisor Group LLC now owns 13,969 shares of the financial services provider’s stock valued at $335,000 after purchasing an additional 660 shares during the last quarter. OneDigital Investment Advisors LLC increased its position in shares of Landmark Bancorp by 5.0% in the fourth quarter. OneDigital Investment Advisors LLC now owns 14,053 shares of the financial services provider’s stock valued at $337,000 after buying an additional 671 shares in the last quarter. Finally, Sanctuary Advisors LLC acquired a new position in shares of Landmark Bancorp during the 2nd quarter worth $338,000. 25.66% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, StockNews.com started coverage on shares of Landmark Bancorp in a report on Monday, February 10th. They set a “hold” rating for the company.

Landmark Bancorp Company Profile

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.