Michael E. Scheopner Sells 3,097 Shares of Landmark Bancorp, Inc. (NASDAQ:LARK) Stock

Landmark Bancorp, Inc. (NASDAQ:LARK - Get Free Report) Director Michael E. Scheopner sold 3,097 shares of Landmark Bancorp stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $25.31, for a total transaction of $78,385.07. Following the completion of the sale, the director now owns 131,269 shares of the company's stock, valued at $3,322,418.39. This trade represents a 2.30 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Landmark Bancorp Price Performance

NASDAQ LARK traded up $0.24 during midday trading on Monday, hitting $25.74. The company had a trading volume of 10,664 shares, compared to its average volume of 3,699. The firm has a 50-day moving average price of $24.19 and a 200-day moving average price of $22.13. The company has a market capitalization of $148.78 million, a PE ratio of 11.36 and a beta of 0.46. The company has a current ratio of 0.80, a quick ratio of 0.79 and a debt-to-equity ratio of 0.81. Landmark Bancorp, Inc. has a twelve month low of $17.05 and a twelve month high of $26.75.

Landmark Bancorp (NASDAQ:LARK - Get Free Report) last announced its quarterly earnings data on Tuesday, February 4th. The financial services provider reported $0.71 earnings per share (EPS) for the quarter. Landmark Bancorp had a net margin of 14.51% and a return on equity of 10.51%.

Landmark Bancorp Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 5th. Stockholders of record on Wednesday, February 19th will be issued a dividend of $0.21 per share. The ex-dividend date is Wednesday, February 19th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.26%. This is a boost from Landmark Bancorp's previous quarterly dividend of $0.20. Landmark Bancorp's payout ratio is 35.32%.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on shares of Landmark Bancorp in a report on Monday, February 10th. They set a "hold" rating on the stock.

Institutional Trading of Landmark Bancorp

Institutional investors and hedge funds have recently modified their holdings of the business. De Lisle Partners LLP raised its stake in Landmark Bancorp by 78.1% during the third quarter. De Lisle Partners LLP now owns 67,595 shares of the financial services provider's stock worth $1,369,000 after acquiring an additional 29,637 shares in the last quarter. Empowered Funds LLC grew its holdings in shares of Landmark Bancorp by 5.2% during the 3rd quarter. Empowered Funds LLC now owns 13,613 shares of the financial services provider's stock valued at $275,000 after purchasing an additional 670 shares during the last quarter. Sanctuary Advisors LLC acquired a new position in Landmark Bancorp during the 2nd quarter worth approximately $338,000. CGN Advisors LLC lifted its stake in Landmark Bancorp by 5.0% in the 4th quarter. CGN Advisors LLC now owns 11,045 shares of the financial services provider's stock valued at $265,000 after purchasing an additional 526 shares during the last quarter. Finally, BOKF NA boosted its position in Landmark Bancorp by 5.0% in the fourth quarter. BOKF NA now owns 22,441 shares of the financial services provider's stock valued at $514,000 after buying an additional 1,068 shares in the last quarter. 25.66% of the stock is currently owned by institutional investors.

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.