Landmark Bancorp (NASDAQ:LARK) Director Jim Lewis Sells 400 Shares

Key Points

  • Director Jim Lewis sold 400 Landmark Bancorp shares at an average price of $32.92, generating $13,168. He retained 152,796 shares following the transaction.
  • Landmark Bancorp reported quarterly EPS of $0.88, beating estimates of $0.83, with a 20.56% net margin and 12.49% return on equity. The company also pays a quarterly dividend of $0.21 per share, representing a 2.6% yield.
  • The stock opened at $32.55 and remains near its 12-month high of $34.60. Analysts’ consensus rating is “Moderate Buy,” while institutional investors own 25.66% of the company.

Landmark Bancorp Inc. (NASDAQ:LARK - Get Free Report) Director Jim Lewis sold 400 shares of the stock in a transaction that occurred on Tuesday, September 15th. The shares were sold at an average price of $32.92, for a total value of $13,168.00. Following the sale, the director owned 152,796 shares of the company's stock, valued at approximately $5,030,044.32. The trade was a 0.26% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Landmark Bancorp Stock Performance

LARK opened at $32.55 on Thursday. The firm has a market capitalization of $198.55 million, a P/E ratio of 9.90 and a beta of 0.39. The stock's 50 day moving average price is $31.75 and its two-hundred day moving average price is $29.04. The company has a quick ratio of 0.86, a current ratio of 0.87 and a debt-to-equity ratio of 0.63. Landmark Bancorp Inc. has a 12-month low of $23.57 and a 12-month high of $34.60.

Landmark Bancorp (NASDAQ:LARK - Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The financial services provider reported $0.88 EPS for the quarter, topping analysts' consensus estimates of $0.83 by $0.05. Landmark Bancorp had a return on equity of 12.49% and a net margin of 20.56%.The company had revenue of $19.18 million during the quarter, compared to analyst estimates of $0.06 million. On average, equities analysts forecast that Landmark Bancorp Inc. will post 3.47 earnings per share for the current year.

Landmark Bancorp Dividend Announcement




The business also recently announced a quarterly dividend, which was paid on Thursday, August 27th. Investors of record on Thursday, August 13th were given a dividend of $0.21 per share. The ex-dividend date of this dividend was Thursday, August 13th. This represents a $0.84 dividend on an annualized basis and a yield of 2.6%. Landmark Bancorp's payout ratio is 25.53%.

Institutional Trading of Landmark Bancorp

Institutional investors have recently modified their holdings of the company. Hsbc Holdings PLC bought a new stake in shares of Landmark Bancorp during the second quarter valued at approximately $225,000. Empowered Funds LLC acquired a new stake in Landmark Bancorp during the second quarter worth $772,000. The Manufacturers Life Insurance Company acquired a new stake in Landmark Bancorp during the second quarter worth $9,178,000. Sanctuary Advisors LLC bought a new stake in Landmark Bancorp in the 2nd quarter valued at $362,000. Finally, De Lisle Partners LLP bought a new stake in Landmark Bancorp in the 2nd quarter valued at $1,724,000. Institutional investors and hedge funds own 25.66% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. Wall Street Zen raised shares of Landmark Bancorp from a "hold" rating to a "buy" rating in a report on Sunday, July 12th. Zacks Research upgraded shares of Landmark Bancorp to a "hold" rating in a report on Tuesday, August 4th. Finally, Weiss Ratings raised shares of Landmark Bancorp from a "hold (c)" rating to a "buy (b)" rating in a research report on Wednesday, July 8th. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy".

Read Our Latest Stock Analysis on LARK

Landmark Bancorp Company Profile

(Get Free Report)

Landmark Bancorp, Inc is a bank holding company headquartered in Manhattan, Kansas. Through its principal subsidiary, Landmark National Bank, the company provides community banking services to individuals, families, farmers, and businesses.

Landmark National Bank offers deposit products, residential and commercial real estate loans, agricultural lending, consumer loans, and commercial loans. Its banking services also include online and mobile banking, treasury management, debit cards, and other traditional financial services.

The bank serves customers through a network of branches and banking offices located across Kansas, with a presence in communities including Manhattan, Emporia, Lawrence, and Topeka.

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