Landmark Bancorp, Inc. (NASDAQ:LARK - Get Free Report)'s share price passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $28.37 and traded as high as $29.55. Landmark Bancorp shares last traded at $28.84, with a volume of 11,764 shares.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen cut shares of Landmark Bancorp from a "buy" rating to a "hold" rating in a report on Wednesday.
Read Our Latest Analysis on Landmark Bancorp
Landmark Bancorp Trading Down 0.2%
The firm has a market cap of $171.64 million, a P/E ratio of 13.10 and a beta of 0.28. The firm's fifty day moving average is $28.50 and its two-hundred day moving average is $25.72. The company has a quick ratio of 0.79, a current ratio of 0.80 and a debt-to-equity ratio of 0.81.
Landmark Bancorp (NASDAQ:LARK - Get Free Report) last released its quarterly earnings results on Wednesday, April 30th. The financial services provider reported $0.81 earnings per share for the quarter. The business had revenue of $16.48 million for the quarter. Landmark Bancorp had a net margin of 14.51% and a return on equity of 10.51%.
Landmark Bancorp Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 4th. Stockholders of record on Wednesday, May 21st will be issued a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.83%. The ex-dividend date is Wednesday, May 21st. Landmark Bancorp's dividend payout ratio (DPR) is presently 32.43%.
Insider Activity
In other news, Director Michael E. Scheopner sold 41,058 shares of the business's stock in a transaction on Monday, May 5th. The shares were sold at an average price of $30.01, for a total transaction of $1,232,150.58. Following the sale, the director now owns 80,316 shares in the company, valued at approximately $2,410,283.16. The trade was a 33.83% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In the last 90 days, insiders have sold 44,058 shares of company stock worth $1,321,347. Corporate insiders own 12.80% of the company's stock.
Institutional Trading of Landmark Bancorp
A number of hedge funds have recently modified their holdings of LARK. Jones Financial Companies Lllp raised its position in shares of Landmark Bancorp by 341.5% in the 1st quarter. Jones Financial Companies Lllp now owns 2,000 shares of the financial services provider's stock worth $54,000 after purchasing an additional 1,547 shares during the last quarter. Goldman Sachs Group Inc. purchased a new position in shares of Landmark Bancorp in the 1st quarter worth about $213,000. Jane Street Group LLC purchased a new position in shares of Landmark Bancorp in the 1st quarter worth about $308,000. Private Advisor Group LLC raised its position in shares of Landmark Bancorp by 5.0% in the 4th quarter. Private Advisor Group LLC now owns 13,969 shares of the financial services provider's stock worth $335,000 after purchasing an additional 660 shares during the last quarter. Finally, OneDigital Investment Advisors LLC raised its position in shares of Landmark Bancorp by 5.0% in the 4th quarter. OneDigital Investment Advisors LLC now owns 14,053 shares of the financial services provider's stock worth $337,000 after purchasing an additional 671 shares during the last quarter. Institutional investors own 25.66% of the company's stock.
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.
Further Reading
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