Landmark Bancorp (NASDAQ:LARK) Share Price Crosses Above Fifty Day Moving Average of $23.53

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Landmark Bancorp Inc (NASDAQ:LARK)’s stock price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $23.53 and traded as high as $23.05. Landmark Bancorp shares last traded at $23.02, with a volume of 1,987 shares changing hands.

The company has a quick ratio of 0.64, a current ratio of 0.65 and a debt-to-equity ratio of 0.43. The business has a 50 day simple moving average of $23.51 and a 200-day simple moving average of $23.77.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 21st. Shareholders of record on Wednesday, August 7th were paid a $0.20 dividend. The ex-dividend date of this dividend was Tuesday, August 6th. This represents a $0.80 dividend on an annualized basis and a yield of 3.48%.

In other Landmark Bancorp news, Director Patrick L. Alexander sold 7,500 shares of the business’s stock in a transaction dated Thursday, July 18th. The stock was sold at an average price of $24.00, for a total value of $180,000.00. Following the completion of the transaction, the director now directly owns 116,873 shares of the company’s stock, valued at $2,804,952. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Patrick L. Alexander sold 7,600 shares of the business’s stock in a transaction dated Monday, July 22nd. The shares were sold at an average price of $24.01, for a total value of $182,476.00. Following the completion of the transaction, the director now directly owns 116,873 shares of the company’s stock, valued at $2,806,120.73. The disclosure for this sale can be found here. Over the last three months, insiders sold 32,521 shares of company stock valued at $770,334. Insiders own 18.10% of the company’s stock.

Several institutional investors have recently modified their holdings of the company. Royce & Associates LP lifted its holdings in shares of Landmark Bancorp by 0.4% in the first quarter. Royce & Associates LP now owns 162,201 shares of the financial services provider’s stock valued at $3,700,000 after purchasing an additional 687 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Landmark Bancorp by 9.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 132,717 shares of the financial services provider’s stock valued at $3,040,000 after purchasing an additional 12,000 shares in the last quarter. Kennedy Capital Management Inc. lifted its holdings in shares of Landmark Bancorp by 1.8% in the first quarter. Kennedy Capital Management Inc. now owns 89,146 shares of the financial services provider’s stock valued at $2,033,000 after purchasing an additional 1,555 shares in the last quarter. Kornitzer Capital Management Inc. KS lifted its holdings in shares of Landmark Bancorp by 6.7% in the second quarter. Kornitzer Capital Management Inc. KS now owns 83,176 shares of the financial services provider’s stock valued at $1,992,000 after purchasing an additional 5,225 shares in the last quarter. Finally, Renaissance Technologies LLC lifted its holdings in shares of Landmark Bancorp by 4.1% in the second quarter. Renaissance Technologies LLC now owns 81,792 shares of the financial services provider’s stock valued at $1,959,000 after purchasing an additional 3,200 shares in the last quarter. Institutional investors own 19.48% of the company’s stock.

Landmark Bancorp Company Profile (NASDAQ:LARK)

Landmark Bancorp, Inc operates as the bank holding company for Landmark National Bank that provides various financial and banking services. The company offers checking, savings, and money market accounts, as well as certificates of deposit. It also provides various loan products, such as one-to-four family residential real estate, construction and land, commercial real estate, commercial, municipal, and agriculture loans, as well as consumer and other loans, including automobile, boat, home improvement, and home equity loans.

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