Michael E. Scheopner Sells 3,097 Shares of Landmark Bancorp, Inc. (NASDAQ:LARK) Stock

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

Landmark Bancorp Trading Up 0.9 %

NASDAQ LARK opened at $25.74 on Friday. The firm’s fifty day moving average price is $24.16 and its 200 day moving average price is $22.06. Landmark Bancorp, Inc. has a 12 month low of $17.05 and a 12 month high of $26.75. The company has a debt-to-equity ratio of 0.81, a current ratio of 0.80 and a quick ratio of 0.79. The company has a market capitalization of $148.78 million, a price-to-earnings ratio of 11.36 and a beta of 0.46.

Landmark Bancorp (NASDAQ:LARK) last issued its quarterly earnings data on Tuesday, February 4th. The financial services provider reported $0.71 earnings per share (EPS) 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 company 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 $0.21 dividend. The ex-dividend date of this dividend is Wednesday, February 19th. This represents a $0.84 dividend on an annualized basis and a yield of 3.26%. This is a boost from Landmark Bancorp’s previous quarterly dividend of $0.20. Landmark Bancorp’s payout ratio is currently 35.32%.

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on Landmark Bancorp in a report on Monday, February 10th. They issued a “hold” rating for the company.

Hedge Funds Weigh In On Landmark Bancorp

A number of hedge funds have recently modified their holdings of the business. CGN Advisors LLC raised its position in Landmark Bancorp by 5.0% in the 4th quarter. CGN Advisors LLC now owns 11,045 shares of the financial services provider’s stock valued at $265,000 after purchasing an additional 526 shares during the last quarter. Empowered Funds LLC raised its holdings in shares of Landmark Bancorp by 5.2% in the third 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 during the last quarter. Private Advisor Group LLC boosted its stake in shares of Landmark Bancorp by 5.0% during the fourth quarter. Private Advisor Group LLC now owns 13,969 shares of the financial services provider’s stock worth $335,000 after buying an additional 660 shares during the period. OneDigital Investment Advisors LLC grew its holdings in shares of Landmark Bancorp by 5.0% during the fourth quarter. OneDigital Investment Advisors LLC now owns 14,053 shares of the financial services provider’s stock worth $337,000 after buying an additional 671 shares during the last quarter. Finally, Sanctuary Advisors LLC acquired a new position in Landmark Bancorp in the 2nd quarter valued at about $338,000. 25.66% of the stock is currently owned by hedge funds and other institutional investors.

Landmark Bancorp Company Profile

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.