Landmark Bancorp, Inc. (NASDAQ:LARK - Get Free Report) 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 changing hands.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen lowered Landmark Bancorp from a "buy" rating to a "hold" rating in a research report on Wednesday.
View Our Latest Analysis on Landmark Bancorp
Landmark Bancorp Trading Down 0.2%
The stock has a 50-day moving average of $28.45 and a 200 day moving average of $25.62. The stock has a market cap of $171.64 million, a PE ratio of 13.10 and a beta of 0.28. 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 issued its earnings results on Wednesday, April 30th. The financial services provider reported $0.81 EPS for the quarter. Landmark Bancorp had a return on equity of 10.51% and a net margin of 14.51%. The firm had revenue of $16.48 million for the quarter.
Landmark Bancorp Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 4th. Shareholders of record on Wednesday, May 21st will be given a $0.21 dividend. The ex-dividend date is Wednesday, May 21st. This represents a $0.84 annualized dividend and a yield of 2.83%. Landmark Bancorp's dividend payout ratio is presently 32.43%.
Insiders Place Their Bets
In other Landmark Bancorp news, Director Michael E. Scheopner sold 41,058 shares of the company's stock in a transaction that occurred on Monday, May 5th. The stock was sold at an average price of $30.01, for a total value 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. This represents a 33.83% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 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 Investors Weigh In On Landmark Bancorp
Several hedge funds have recently bought and sold shares of the stock. Jones Financial Companies Lllp lifted its position in shares of Landmark Bancorp by 341.5% during the 1st quarter. Jones Financial Companies Lllp now owns 2,000 shares of the financial services provider's stock valued at $54,000 after buying an additional 1,547 shares in the last quarter. Goldman Sachs Group Inc. purchased a new position in shares of Landmark Bancorp during the 1st quarter valued at approximately $213,000. Jane Street Group LLC purchased a new position in shares of Landmark Bancorp during the 1st quarter valued at approximately $308,000. Private Advisor Group LLC lifted its position in shares of Landmark Bancorp by 5.0% during the 4th quarter. Private Advisor Group LLC now owns 13,969 shares of the financial services provider's stock valued at $335,000 after buying an additional 660 shares in the last quarter. Finally, OneDigital Investment Advisors LLC lifted its position in shares of 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 valued at $337,000 after buying an additional 671 shares in the last quarter. Hedge funds and other 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.
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