Landmark Bancorp (NASDAQ:LARK) Shares Pass Below Two Hundred Day Moving Average of $19.60

Landmark Bancorp, Inc. (NASDAQ:LARKGet Free Report) shares crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $19.60 and traded as low as $19.49. Landmark Bancorp shares last traded at $19.69, with a volume of 1,770 shares traded.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on Landmark Bancorp in a research report on Friday. They issued a “hold” rating on the stock.

View Our Latest Analysis on LARK

Landmark Bancorp Trading Up 1.7 %

The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.75 and a current ratio of 0.76. The firm has a fifty day moving average price of $19.18 and a 200 day moving average price of $19.60. The company has a market cap of $107.78 million, a price-to-earnings ratio of 9.29 and a beta of 0.44.

Landmark Bancorp (NASDAQ:LARKGet Free Report) last posted its quarterly earnings results on Wednesday, May 1st. The financial services provider reported $0.51 earnings per share (EPS) for the quarter. Landmark Bancorp had a net margin of 14.39% and a return on equity of 9.70%. The firm had revenue of $21.15 million for the quarter.

Landmark Bancorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, May 29th. Stockholders of record on Wednesday, May 15th were given a $0.21 dividend. The ex-dividend date was Tuesday, May 14th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 4.27%. Landmark Bancorp’s payout ratio is 39.62%.

Insider Transactions at Landmark Bancorp

In other Landmark Bancorp news, Director Angela S. Hurt purchased 4,232 shares of the company’s stock in a transaction that occurred on Tuesday, May 21st. The shares were acquired at an average price of $19.25 per share, for a total transaction of $81,466.00. Following the purchase, the director now owns 4,727 shares in the company, valued at $90,994.75. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In the last three months, insiders acquired 4,882 shares of company stock worth $93,804. 17.20% of the stock is owned by company insiders.

Hedge Funds Weigh In On Landmark Bancorp

Several large investors have recently modified their holdings of LARK. Kornitzer Capital Management Inc. KS boosted its holdings in shares of Landmark Bancorp by 5.1% during the 4th quarter. Kornitzer Capital Management Inc. KS now owns 120,748 shares of the financial services provider’s stock worth $2,390,000 after buying an additional 5,871 shares during the period. Private Advisor Group LLC acquired a new stake in Landmark Bancorp during the fourth quarter worth approximately $240,000. Finally, Empowered Funds LLC boosted its holdings in shares of Landmark Bancorp by 7.8% during the first quarter. Empowered Funds LLC now owns 12,043 shares of the financial services provider’s stock worth $232,000 after acquiring an additional 875 shares during the period. 25.66% of the stock is owned by institutional investors.

Landmark Bancorp Company Profile

(Get Free Report)

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.

Further Reading

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