Shares of Landmark Bancorp Inc. (NASDAQ:LARK - Get Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $26.44 and traded as low as $25.98. Landmark Bancorp shares last traded at $26.65, with a volume of 9,556 shares changing hands.
Wall Street Analyst Weigh In
Separately, Wall Street Zen raised Landmark Bancorp from a "hold" rating to a "buy" rating in a research report on Friday.
Check Out Our Latest Stock Analysis on LARK
Landmark Bancorp Stock Performance
The company has a 50-day moving average price of $27.68 and a two-hundred day moving average price of $26.49. The company has a quick ratio of 0.81, a current ratio of 0.82 and a debt-to-equity ratio of 0.49. The company has a market capitalization of $153.63 million, a PE ratio of 9.62 and a beta of 0.22.
Landmark Bancorp (NASDAQ:LARK - Get Free Report) last released its earnings results on Wednesday, April 30th. The financial services provider reported $0.81 earnings per share for the quarter. Landmark Bancorp had a return on equity of 11.52% and a net margin of 16.37%. The company had revenue of $16.48 million during the quarter.
Landmark Bancorp Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Wednesday, June 4th. Shareholders of record on Wednesday, May 21st were issued a dividend of $0.21 per share. The ex-dividend date was Wednesday, May 21st. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.16%. Landmark Bancorp's dividend payout ratio (DPR) is 32.43%.
Insider Buying and Selling at Landmark Bancorp
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 transaction of $1,232,150.58. Following the transaction, the director owned 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 legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In the last quarter, insiders sold 44,058 shares of company stock worth $1,321,347. 12.80% of the stock is currently owned by corporate insiders.
Institutional Trading of Landmark Bancorp
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Jones Financial Companies Lllp lifted its position in 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 valued at $54,000 after acquiring an additional 1,547 shares in the last quarter. Goldman Sachs Group Inc. bought a new position in Landmark Bancorp in the 1st quarter valued at approximately $213,000. Jane Street Group LLC bought a new position in Landmark Bancorp in the 1st quarter valued at approximately $308,000. OneDigital Investment Advisors LLC lifted its position in 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 valued at $337,000 after acquiring an additional 671 shares in the last quarter. Finally, Private Advisor Group LLC lifted its position in Landmark Bancorp by 3.4% in the 1st quarter. Private Advisor Group LLC now owns 14,449 shares of the financial services provider's stock valued at $394,000 after acquiring an additional 480 shares in the last quarter. Hedge funds and other institutional investors own 25.66% of the company's stock.
Landmark Bancorp Company Profile
(
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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