Landmark Bancorp, Inc. (NASDAQ:LARK) Director Purchases $12,500.00 in Stock

Landmark Bancorp, Inc. (NASDAQ:LARK – Get Rating) Director Wayne R. Sloan acquired 500 shares of the business’s stock in a transaction dated Friday, May 6th. The shares were bought at an average cost of $25.00 per share, with a total value of $12,500.00. Following the transaction, the director now directly owns 12,241 shares of the company’s stock, valued at approximately $306,025. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Shares of LARK traded down $0.98 during trading hours on Monday, reaching $24.52. 5 shares of the company traded hands, compared to its average volume of 3,939. The firm has a fifty day moving average of $26.47. The firm has a market cap of $122.53 million, a PE ratio of 7.08 and a beta of 0.41. The company has a current ratio of 0.75, a quick ratio of 0.74 and a debt-to-equity ratio of 0.16. Landmark Bancorp, Inc. has a 1-year low of $23.75 and a 1-year high of $31.50.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 25th. Stockholders of record on Wednesday, May 11th will be given a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.43%. The ex-dividend date is Tuesday, May 10th. Landmark Bancorp’s dividend payout ratio is currently 23.32%.

A number of hedge funds and other institutional investors have recently bought and sold shares of LARK. UMB Bank N A MO bought a new stake in Landmark Bancorp in the fourth quarter valued at about $32,000. Royal Bank of Canada grew its stake in Landmark Bancorp by 97.5% during the second quarter. Royal Bank of Canada now owns 1,550 shares of the financial services provider’s stock worth $42,000 after buying an additional 765 shares during the last quarter. State Street Corp grew its stake in shares of Landmark Bancorp by 5.0% during the fourth quarter. State Street Corp now owns 8,489 shares of the financial services provider’s stock valued at $242,000 after purchasing an additional 403 shares during the last quarter. Petiole USA ltd bought a new stake in shares of Landmark Bancorp during the fourth quarter valued at approximately $294,000. Finally, Naples Global Advisors LLC grew its stake in shares of Landmark Bancorp by 4.9% during the fourth quarter. Naples Global Advisors LLC now owns 10,946 shares of the financial services provider’s stock valued at $312,000 after purchasing an additional 516 shares during the last quarter. 25.89% of the stock is currently owned by institutional investors and hedge funds.

Separately, StockNews.com began coverage on shares of Landmark Bancorp in a research report on Thursday. They set a “buy” rating for the company.

Landmark Bancorp Company Profile (Get Rating)

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 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, including automobile, boat, and home improvement and home equity loans, as well as insurance, and mobile and online banking services.

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