Landmark Bancorp, Inc. (NASDAQ:LARK) Director Patrick L. Alexander Sells 20,000 Shares

Landmark Bancorp, Inc. (NASDAQ:LARK) Director Patrick L. Alexander sold 20,000 shares of the business’s stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $24.53, for a total value of $490,600.00. Following the completion of the sale, the director now directly owns 80,285 shares of the company’s stock, valued at $1,969,391.05. This represents a 19.94 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Landmark Bancorp Trading Up 0.7 %

Landmark Bancorp stock traded up $0.17 during mid-day trading on Tuesday, hitting $24.93. 1,897 shares of the company’s stock were exchanged, compared to its average volume of 5,413. The firm has a market capitalization of $144.07 million, a P/E ratio of 11.00 and a beta of 0.46. Landmark Bancorp, Inc. has a fifty-two week low of $17.05 and a fifty-two week high of $25.25. The company has a quick ratio of 0.79, a current ratio of 0.80 and a debt-to-equity ratio of 0.81. The company’s 50 day simple moving average is $24.06 and its 200-day simple moving average is $21.95.

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

Landmark Bancorp Increases Dividend

The firm also recently announced 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 a boost from Landmark Bancorp’s previous quarterly dividend of $0.20. This represents a $0.84 annualized dividend and a yield of 3.37%. Landmark Bancorp’s dividend payout ratio is presently 35.32%.

Institutional Trading of Landmark Bancorp

Institutional investors and hedge funds have recently bought and sold shares of the stock. De Lisle Partners LLP lifted its position in Landmark Bancorp by 78.1% in the 3rd quarter. De Lisle Partners LLP now owns 67,595 shares of the financial services provider’s stock valued at $1,369,000 after acquiring an additional 29,637 shares in the last quarter. Empowered Funds LLC grew its stake in Landmark Bancorp by 5.2% in the 3rd quarter. Empowered Funds LLC now owns 13,613 shares of the financial services provider’s stock valued at $275,000 after buying an additional 670 shares in the last quarter. Sanctuary Advisors LLC bought a new position in Landmark Bancorp in the 2nd quarter valued at $338,000. CGN Advisors LLC lifted its holdings in shares of Landmark Bancorp by 5.0% during the 4th quarter. CGN Advisors LLC now owns 11,045 shares of the financial services provider’s stock worth $265,000 after acquiring an additional 526 shares during the last quarter. Finally, Private Advisor Group LLC raised its position 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 worth $335,000 after purchasing an additional 660 shares during the period. 25.66% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, StockNews.com assumed coverage on Landmark Bancorp in a research note on Monday. They issued a “hold” rating on the stock.

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.