Landmark Bancorp, Inc. (NASDAQ:LARK) Director Sells $78,385.07 in Stock

Landmark Bancorp, Inc. (NASDAQ:LARK) Director Michael E. Scheopner sold 3,097 shares of the business’s stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $25.31, for a total value of $78,385.07. Following the completion of the sale, the director now directly owns 131,269 shares of the company’s stock, valued at $3,322,418.39. The trade was a 2.30 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Landmark Bancorp Stock Performance

Shares of Landmark Bancorp stock opened at $25.74 on Friday. The firm’s fifty day simple moving average is $24.16 and its 200-day simple moving average is $22.08. Landmark Bancorp, Inc. has a 12 month low of $17.05 and a 12 month high of $26.75. The stock has a market capitalization of $148.78 million, a price-to-earnings ratio of 11.36 and a beta of 0.46. The company has a debt-to-equity ratio of 0.81, a current ratio of 0.80 and a quick ratio of 0.79.

Landmark Bancorp (NASDAQ:LARK) last posted its quarterly earnings data on Tuesday, February 4th. The financial services provider reported $0.71 EPS for the quarter. Landmark Bancorp had a net margin of 14.51% and a return on equity of 10.51%.

Landmark Bancorp Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 5th. Shareholders of record on Wednesday, February 19th will be paid a dividend of $0.21 per share. The ex-dividend date is Wednesday, February 19th. This is an increase from Landmark Bancorp’s previous quarterly dividend of $0.20. This represents a $0.84 annualized dividend and a yield of 3.26%. Landmark Bancorp’s dividend payout ratio is currently 35.32%.

Wall Street Analyst Weigh In

Separately, StockNews.com started coverage on Landmark Bancorp in a research report on Monday, February 10th. They set a “hold” rating on the stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of LARK. CGN Advisors LLC raised its stake in shares of Landmark Bancorp by 5.0% during the fourth quarter. CGN Advisors LLC now owns 11,045 shares of the financial services provider’s stock worth $265,000 after purchasing an additional 526 shares during the last quarter. Private Advisor Group LLC increased its stake in Landmark Bancorp by 5.0% in the 4th quarter. Private Advisor Group LLC now owns 13,969 shares of the financial services provider’s stock valued at $335,000 after buying an additional 660 shares during the period. Empowered Funds LLC raised its position in Landmark Bancorp by 5.2% during the 3rd quarter. Empowered Funds LLC now owns 13,613 shares of the financial services provider’s stock worth $275,000 after buying an additional 670 shares during the last quarter. OneDigital Investment Advisors LLC lifted its stake in shares of Landmark Bancorp by 5.0% in the 4th quarter. OneDigital Investment Advisors LLC now owns 14,053 shares of the financial services provider’s stock worth $337,000 after acquiring an additional 671 shares during the period. Finally, RBF Capital LLC lifted its stake in shares of Landmark Bancorp by 4.5% in the 4th quarter. RBF Capital LLC now owns 23,892 shares of the financial services provider’s stock worth $574,000 after acquiring an additional 1,021 shares during the period. 25.66% of the stock is currently owned by hedge funds and other institutional investors.

About Landmark Bancorp

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.