Landmark Bancorp, Inc. (NASDAQ:LARK) Director Angelia K. Stanland Purchases 553 Shares

Landmark Bancorp, Inc. (NASDAQ:LARK - Get Free Report) Director Angelia K. Stanland purchased 553 shares of the company's stock in a transaction that occurred on Wednesday, May 8th. The shares were purchased at an average cost of $18.99 per share, for a total transaction of $10,501.47. Following the purchase, the director now directly owns 2,595 shares in the company, valued at $49,279.05. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

Landmark Bancorp Stock Performance

Shares of LARK traded up $0.45 during mid-day trading on Thursday, reaching $19.43. 2,250 shares of the company's stock traded hands, compared to its average volume of 3,431. Landmark Bancorp, Inc. has a 12 month low of $15.70 and a 12 month high of $21.78. The stock has a market capitalization of $106.36 million, a P/E ratio of 8.95 and a beta of 0.44. The business's 50-day moving average price is $19.25 and its 200-day moving average price is $19.37. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.74 and a current ratio of 0.74.

Landmark Bancorp (NASDAQ:LARK - Get Free Report) last issued its quarterly earnings results on Wednesday, May 1st. The financial services provider reported $0.51 earnings per share for the quarter. The company had revenue of $21.15 million during the quarter. Landmark Bancorp had a net margin of 14.39% and a return on equity of 9.88%.

Landmark Bancorp Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, May 29th. Investors of record on Wednesday, May 15th will be paid a dividend of $0.21 per share. The ex-dividend date of this dividend is Tuesday, May 14th. This represents a $0.84 annualized dividend and a yield of 4.32%. Landmark Bancorp's dividend payout ratio is currently 39.62%.

Wall Street Analyst Weigh In

LARK has been the subject of a number of research analyst reports. StockNews.com started coverage on shares of Landmark Bancorp in a research note on Monday. They issued a "hold" rating for the company. TheStreet upgraded Landmark Bancorp from a "c" rating to a "b" rating in a research note on Wednesday, January 31st.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of LARK. Private Advisor Group LLC acquired a new position in shares of Landmark Bancorp in the 4th quarter worth $240,000. Kornitzer Capital Management Inc. KS lifted its stake in Landmark Bancorp by 5.1% during the fourth quarter. Kornitzer Capital Management Inc. KS now owns 120,748 shares of the financial services provider's stock valued at $2,390,000 after buying an additional 5,871 shares in the last quarter. Finally, Empowered Funds LLC boosted its holdings in shares of Landmark Bancorp by 7.8% in the first quarter. Empowered Funds LLC now owns 12,043 shares of the financial services provider's stock worth $232,000 after buying an additional 875 shares during the period. Institutional investors own 25.66% of the company's stock.

Landmark Bancorp Company Profile

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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