Landmark Bancorp, Inc. (NASDAQ:LARK) Director Richard Ball Acquires 528 Shares

Landmark Bancorp, Inc. (NASDAQ:LARK) Director Richard Ball acquired 528 shares of the business’s stock in a transaction on Tuesday, November 14th. The shares were bought at an average price of $18.94 per share, for a total transaction of $10,000.32. Following the acquisition, the director now owns 2,296 shares in the company, valued at approximately $43,486.24. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Richard Ball also recently made the following trade(s):

• On Thursday, November 9th, Richard Ball bought 733 shares of Landmark Bancorp stock. The shares were acquired at an average cost of $18.25 per share, for a total transaction of $13,377.25.
• On Tuesday, November 7th, Richard Ball acquired 100 shares of Landmark Bancorp stock. The shares were bought at an average cost of $17.50 per share, for a total transaction of $1,750.00.

Landmark Bancorp Stock Performance

Shares of NASDAQ LARK opened at $19.00 on Friday. The business’s 50-day moving average price is $18.05 and its two-hundred day moving average price is $19.83. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.73 and a quick ratio of 0.72. Landmark Bancorp, Inc. has a one year low of $16.49 and a one year high of $25.65. The company has a market capitalization of $99.18 million, a P/E ratio of 9.22 and a beta of 0.34.

Landmark Bancorp Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 29th. Investors of record on Wednesday, November 15th will be issued a $0.21 dividend. The ex-dividend date of this dividend is Tuesday, November 14th. This is a boost from Landmark Bancorp’s previous quarterly dividend of $0.20. This represents a $0.84 dividend on an annualized basis and a yield of 4.42%. Landmark Bancorp’s dividend payout ratio is currently 40.78%.

Analyst Upgrades and Downgrades

A number of research analysts have commented on LARK shares. TheStreet downgraded Landmark Bancorp from a “b-” rating to a “c+” rating in a research note on Monday, October 16th. StockNews.com assumed coverage on Landmark Bancorp in a research note on Sunday, November 12th. They issued a “hold” rating on the stock.

Institutional Investors Weigh In On Landmark Bancorp

A number of large investors have recently bought and sold shares of LARK. UBS Group AG boosted its holdings in Landmark Bancorp by 20.0% in the fourth quarter. UBS Group AG now owns 4,557 shares of the financial services provider’s stock worth $103,000 after purchasing an additional 761 shares in the last quarter. Bank of America Corp DE bought a new stake in Landmark Bancorp in the first quarter worth $156,000. Morgan Stanley boosted its holdings in Landmark Bancorp by 1,457.6% in the fourth quarter. Morgan Stanley now owns 7,601 shares of the financial services provider’s stock worth $172,000 after purchasing an additional 7,113 shares in the last quarter. Private Advisor Group LLC bought a new stake in Landmark Bancorp in the second quarter worth $216,000. Finally, Susquehanna International Group LLP bought a new stake in shares of Landmark Bancorp during the 4th quarter worth $225,000. 17.35% of the stock is currently owned by 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, including automobile, boat, and home improvement and home equity loans, as well as insurance, and mobile and online banking services.