Key Points
- Director Patrick Alexander sold 700 shares of Landmark Bancorp on June 2 at an average price of $28.50, totaling about $19,950, according to an SEC filing.
- Landmark Bancorp reported solid recent results, posting $0.83 EPS and $18.79 million in quarterly revenue, with a 12.22% return on equity and 19.67% net margin.
- The company also pays a dividend of $0.21 per quarter, or $0.84 annualized, which works out to a 3.0% yield based on the article’s figures.
Landmark Bancorp Inc. (NASDAQ:LARK - Get Free Report) Director Patrick Alexander sold 700 shares of Landmark Bancorp stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $28.50, for a total value of $19,950.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Landmark Bancorp Trading Up 0.9%
Landmark Bancorp stock opened at $28.26 on Wednesday. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.85 and a current ratio of 0.85. The business's 50-day simple moving average is $26.77 and its 200-day simple moving average is $26.93. The firm has a market capitalization of $172.39 million, a PE ratio of 9.05 and a beta of 0.41. Landmark Bancorp Inc. has a 52 week low of $22.31 and a 52 week high of $29.46.
Landmark Bancorp (NASDAQ:LARK - Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The financial services provider reported $0.83 EPS for the quarter. The business had revenue of $18.79 million for the quarter. Landmark Bancorp had a return on equity of 12.22% and a net margin of 19.67%.
Landmark Bancorp Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 28th. Stockholders of record on Thursday, May 14th were paid a $0.21 dividend. The ex-dividend date was Thursday, May 14th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.0%. Landmark Bancorp's payout ratio is presently 26.92%.
Institutional Investors Weigh In On Landmark Bancorp
A number of institutional investors have recently added to or reduced their stakes in the company. Empowered Funds LLC grew its position in Landmark Bancorp by 9.6% during the first quarter. Empowered Funds LLC now owns 23,425 shares of the financial services provider's stock worth $581,000 after buying an additional 2,053 shares in the last quarter. First Manhattan CO. LLC. grew its position in Landmark Bancorp by 5.0% during the fourth quarter. First Manhattan CO. LLC. now owns 20,475 shares of the financial services provider's stock worth $536,000 after buying an additional 975 shares in the last quarter. Bridgeway Capital Management LLC grew its position in Landmark Bancorp by 9.4% during the fourth quarter. Bridgeway Capital Management LLC now owns 48,575 shares of the financial services provider's stock worth $1,272,000 after buying an additional 4,188 shares in the last quarter. Barclays PLC grew its position in Landmark Bancorp by 43.0% during the fourth quarter. Barclays PLC now owns 9,196 shares of the financial services provider's stock worth $241,000 after buying an additional 2,766 shares in the last quarter. Finally, The Manufacturers Life Insurance Company grew its position in Landmark Bancorp by 12.4% during the fourth quarter. The Manufacturers Life Insurance Company now owns 305,333 shares of the financial services provider's stock worth $7,997,000 after buying an additional 33,610 shares in the last quarter. 25.66% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings reiterated a "hold (c)" rating on shares of Landmark Bancorp in a research note on Friday, March 27th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, Landmark Bancorp has an average rating of "Hold".
View Our Latest Stock Report on Landmark Bancorp
About Landmark Bancorp
(
Get Free Report)
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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