StockNews.com started coverage on shares of Landmark Bancorp (NASDAQ:LARK - Free Report) in a report published on Saturday morning. The firm issued a hold rating on the financial services provider's stock.
Landmark Bancorp Trading Down 0.0 %
Landmark Bancorp stock traded down $0.01 during mid-day trading on Friday, hitting $27.13. The company's stock had a trading volume of 50,860 shares, compared to its average volume of 5,578. The stock's fifty day moving average is $24.52 and its two-hundred day moving average is $22.93. The company has a current ratio of 0.80, a quick ratio of 0.79 and a debt-to-equity ratio of 0.81. The firm has a market capitalization of $156.70 million, a PE ratio of 11.98 and a beta of 0.43. Landmark Bancorp has a 1 year low of $17.05 and a 1 year high of $28.55.
Landmark Bancorp (NASDAQ:LARK - Get Free Report) last issued 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 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 was paid on Wednesday, March 5th. Investors of record on Wednesday, February 19th were issued a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 3.10%. The ex-dividend date was Wednesday, February 19th. This is an increase from Landmark Bancorp's previous quarterly dividend of $0.20. Landmark Bancorp's dividend payout ratio (DPR) is 37.00%.
Insider Buying and Selling at Landmark Bancorp
In other Landmark Bancorp news, Director Michael E. Scheopner sold 3,097 shares of the firm's stock in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of $25.31, for a total value of $78,385.07. Following the completion of the transaction, 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 SEC, which is available at this link. Also, Director Patrick L. Alexander sold 20,000 shares of the business's stock in a transaction on Monday, February 10th. The stock was sold at an average price of $24.53, for a total transaction of $490,600.00. Following the completion of the transaction, the director now owns 80,285 shares of the company's stock, valued at approximately $1,969,391.05. This trade represents a 19.94 % decrease in their position. The disclosure for this sale can be found here. 17.20% of the stock is owned by corporate insiders.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of LARK. CGN Advisors LLC raised its position 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 in the last quarter. Empowered Funds LLC raised its holdings in Landmark Bancorp by 5.2% in the third quarter. Empowered Funds LLC now owns 13,613 shares of the financial services provider's stock valued at $275,000 after acquiring an additional 670 shares in the last quarter. Private Advisor Group LLC lifted its stake 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 worth $335,000 after acquiring an additional 660 shares during the last quarter. OneDigital Investment Advisors LLC grew its holdings in Landmark Bancorp by 5.0% during the 4th quarter. OneDigital Investment Advisors LLC now owns 14,053 shares of the financial services provider's stock worth $337,000 after acquiring an additional 671 shares in the last quarter. Finally, Fourthstone LLC purchased a new stake in shares of Landmark Bancorp in the 4th quarter valued at approximately $466,000. 25.66% of the stock is currently owned by hedge funds and other institutional investors.
About Landmark Bancorp
(
Get Free Report)
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.
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