Landmark Bancorp, Inc. (NASDAQ:LARK) Director Acquires $10,501.47 in Stock

Landmark Bancorp, Inc. (NASDAQ:LARK) Director Angelia K. Stanland bought 553 shares of the company’s stock in a transaction on Wednesday, May 8th. The stock was purchased at an average price of $18.99 per share, with a total value of $10,501.47. Following the completion of the transaction, the director now directly owns 2,595 shares of the company’s stock, valued at approximately $49,279.05. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Landmark Bancorp Trading Up 2.4 %

LARK stock traded up $0.45 during trading on Thursday, hitting $19.43. The company had a trading volume of 2,250 shares, compared to its average volume of 3,431. The stock has a market cap of $106.36 million, a PE ratio of 8.95 and a beta of 0.44. The business has a 50-day moving average of $19.25 and a 200-day moving average of $19.37. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 0.68. Landmark Bancorp, Inc. has a one year low of $15.70 and a one year high of $21.78.

Landmark Bancorp (NASDAQ:LARK) last posted its quarterly earnings data on Wednesday, May 1st. The financial services provider reported $0.51 EPS for the quarter. Landmark Bancorp had a net margin of 14.39% and a return on equity of 9.88%. The company had revenue of $21.15 million for the quarter.

Landmark Bancorp Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 29th. Stockholders of record on Wednesday, May 15th will be paid a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 4.32%. The ex-dividend date of this dividend is Tuesday, May 14th. Landmark Bancorp’s dividend payout ratio is 39.62%.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the stock. TheStreet raised shares of Landmark Bancorp from a “c” rating to a “b” rating in a report on Wednesday, January 31st. StockNews.com assumed coverage on Landmark Bancorp in a report on Monday. They issued a “hold” rating for the company.

Institutional Investors Weigh In On Landmark Bancorp

Several institutional investors and hedge funds have recently made changes to their positions in the business. Empowered Funds LLC raised its holdings in shares of Landmark Bancorp by 7.8% during the first quarter. Empowered Funds LLC now owns 12,043 shares of the financial services provider’s stock valued at $232,000 after purchasing an additional 875 shares during the period. Private Advisor Group LLC acquired a new position in Landmark Bancorp during the 4th quarter worth approximately $240,000. Finally, Kornitzer Capital Management Inc. KS raised its stake in Landmark Bancorp by 5.1% during the 4th quarter. Kornitzer Capital Management Inc. KS now owns 120,748 shares of the financial services provider’s stock worth $2,390,000 after buying an additional 5,871 shares during the period. Institutional investors own 25.66% of the company’s stock.

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.