Key Points
- Director Jim Lewis sold 550 Landmark Bancorp shares at an average price of $32.16, generating $17,688. The sale, conducted under a pre-arranged Rule 10b5-1 plan, reduced his holdings by 0.36% to 152,732 shares.
- Landmark Bancorp reported quarterly EPS of $0.89, in line with estimates, and revenue of $19.24 million, slightly above expectations. The company also declared a quarterly dividend of $0.21, equivalent to an annualized yield of approximately 2.6%.
- The stock opened at $32.07 and is scheduled for a 1.05-for-1 stock split on December 2. Analysts tracked in the article give the shares an average “Buy” rating, while institutional investors own 25.66% of the company.
Landmark Bancorp Inc. (NASDAQ:LARK - Get Free Report) Director Jim Lewis sold 550 shares of the stock in a transaction dated Friday, October 30th. The shares were sold at an average price of $32.16, for a total transaction of $17,688.00. Following the completion of the transaction, the director directly owned 152,732 shares of the company's stock, valued at approximately $4,911,861.12. The trade was a 0.36% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Jim Lewis also recently made the following trade(s):
- On Thursday, October 29th, Jim Lewis sold 26 shares of Landmark Bancorp stock. The stock was sold at an average price of $32.48, for a total value of $844.48.
- On Tuesday, October 27th, Jim Lewis sold 183 shares of Landmark Bancorp stock. The stock was sold at an average price of $32.40, for a total value of $5,929.20.
- On Tuesday, September 15th, Jim Lewis sold 400 shares of Landmark Bancorp stock. The stock was sold at an average price of $32.92, for a total value of $13,168.00.
Landmark Bancorp Trading Down 0.6%
Shares of NASDAQ LARK opened at $32.07 on Friday. Landmark Bancorp Inc. has a 1-year low of $23.57 and a 1-year high of $34.60. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.87 and a quick ratio of 0.86. The business's 50 day moving average is $31.85 and its two-hundred day moving average is $29.19. The stock has a market capitalization of $195.63 million, a P/E ratio of 9.52 and a beta of 0.40.
Landmark Bancorp's stock is scheduled to split before the market opens on Wednesday, December 2nd. The 1.05-1 split was recently announced. The newly minted shares will be payable to shareholders after the market closes on Tuesday, December 1st.
Landmark Bancorp (NASDAQ:LARK - Get Free Report) last posted its quarterly earnings data on Wednesday, October 28th. The financial services provider reported $0.89 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.89. The business had revenue of $19.24 million during the quarter, compared to analyst estimates of $19.10 million. Landmark Bancorp had a return on equity of 12.68% and a net margin of 21.19%. As a group, research analysts expect that Landmark Bancorp Inc. will post 3.47 EPS for the current year.
Landmark Bancorp Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, November 27th. Investors of record on Thursday, November 12th will be given a $0.21 dividend. The ex-dividend date is Thursday, November 12th. This represents a $0.84 dividend on an annualized basis and a yield of 2.6%. Landmark Bancorp's dividend payout ratio (DPR) is currently 25.53%.
Hedge Funds Weigh In On Landmark Bancorp
Large investors have recently bought and sold shares of the business. Hsbc Holdings PLC bought a new position in shares of Landmark Bancorp in the second quarter worth about $225,000. Empowered Funds LLC purchased a new position in Landmark Bancorp during the second quarter valued at approximately $772,000. The Manufacturers Life Insurance Company bought a new stake in Landmark Bancorp during the 2nd quarter valued at $9,178,000. Sanctuary Advisors LLC bought a new stake in Landmark Bancorp during the 2nd quarter valued at $362,000. Finally, De Lisle Partners LLP purchased a new position in shares of Landmark Bancorp in the 2nd quarter valued at $1,724,000. Hedge funds and other institutional investors own 25.66% of the company's stock.
Wall Street Analyst Weigh In
LARK has been the subject of several recent analyst reports. Zacks Research raised shares of Landmark Bancorp to a "hold" rating in a research note on Tuesday, August 4th. Weiss Ratings raised shares of Landmark Bancorp from a "buy (b)" rating to a "buy (a-)" rating in a research note on Friday, October 16th. Finally, Wall Street Zen upgraded Landmark Bancorp from a "hold" rating to a "buy" rating in a research report on Sunday, July 12th. One investment analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Buy".
Check Out Our Latest Analysis on Landmark Bancorp
About Landmark Bancorp
(
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 a range of financial products, including checking and savings accounts, certificates of deposit, consumer loans, residential and commercial real estate loans, agricultural lending, and business financing. The bank also provides online and mobile banking, treasury management, wealth management, and other services designed to support personal and commercial financial needs.
The company serves communities primarily across Kansas through a network of banking locations and electronic delivery channels.
See Also

This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].