Landmark Bancorp (NASDAQ:LARK) Stock Passes Below 200 Day Moving Average - Should You Sell?

Key Points

• Price fell below 200‑day moving average: LARK traded as low as $23.72 and last at $23.88, dipping beneath its 200‑day moving average of $26.28, indicating potential technical weakness.
• Dividend hike and valuation: Landmark raised its quarterly dividend to $0.21 (annualized $0.84) for a 3.5% yield with a 27.36% payout ratio, while trading at a P/E of 7.79 and a market cap of about $145 million.
• Analyst and institutional stance: Consensus rating is "Hold" (Weiss Ratings reaffirmed "Hold"), and roughly 25.7% of shares are institutionally owned with recent buys from firms including Goldman Sachs and Geode.

Landmark Bancorp Inc. (NASDAQ:LARK - Get Free Report)'s stock price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $26.28 and traded as low as $23.72. Landmark Bancorp shares last traded at $23.88, with a volume of 3,444 shares traded.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a "hold (c)" rating on shares of Landmark Bancorp in a research report on Monday, December 29th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has a consensus rating of "Hold".

Landmark Bancorp Stock Performance

The firm has a market cap of $144.95 million, a price-to-earnings ratio of 7.79 and a beta of 0.29. The stock has a 50-day moving average of $26.69 and a 200-day moving average of $26.28. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.84 and a current ratio of 0.84.

Landmark Bancorp (NASDAQ:LARK - Get Free Report) last released its quarterly earnings results on Wednesday, January 28th. The financial services provider reported $0.77 earnings per share for the quarter. The firm had revenue of $18.69 million during the quarter. Landmark Bancorp had a return on equity of 12.61% and a net margin of 19.56%.

Landmark Bancorp Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, February 26th. Investors of record on Thursday, February 12th were issued a dividend of $0.21 per share. The ex-dividend date was Thursday, February 12th. This is a positive change from Landmark Bancorp's previous quarterly dividend of $0.20. This represents a $0.84 annualized dividend and a yield of 3.5%. Landmark Bancorp's dividend payout ratio is currently 27.36%.

Institutional Investors Weigh In On Landmark Bancorp

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Jones Financial Companies Lllp lifted its position in 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 worth $54,000 after buying an additional 1,547 shares in the last quarter. Goldman Sachs Group Inc. bought a new position in shares of Landmark Bancorp in the 1st quarter valued at about $213,000. Empowered Funds LLC increased its position in shares of Landmark Bancorp by 2.6% in the first quarter. Empowered Funds LLC now owns 14,933 shares of the financial services provider's stock valued at $407,000 after acquiring an additional 377 shares during the last quarter. Jane Street Group LLC acquired a new stake in shares of Landmark Bancorp in the first quarter valued at about $308,000. Finally, Geode Capital Management LLC raised its holdings in Landmark Bancorp by 121.8% during the second quarter. Geode Capital Management LLC now owns 103,618 shares of the financial services provider's stock worth $2,740,000 after acquiring an additional 56,899 shares in the last quarter. 25.66% of the stock is currently owned by institutional investors and hedge funds.

About Landmark Bancorp

Landmark Bancorp, Inc is the bank holding company for Landmark Community Bank, a community‐focused financial institution. The company provides a full range of deposit and lending products through its subsidiary, including checking and savings accounts, certificates of deposit, residential mortgages, home equity lines of credit and small business loans. Landmark Bancorp emphasizes personalized service, leveraging local decision-making to meet the unique needs of individuals and local enterprises.

In addition to traditional deposit and lending services, Landmark Bancorp offers comprehensive cash-management and treasury solutions for commercial clients.

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