Landmark Bancorp Inc (NASDAQ:LARK) Short Interest Update

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Landmark Bancorp Inc (NASDAQ:LARK) was the target of a significant drop in short interest during the month of January. As of January 31st, there was short interest totalling 8,900 shares, a drop of 23.9% from the January 15th total of 11,700 shares. Based on an average trading volume of 3,900 shares, the short-interest ratio is presently 2.3 days. Approximately 0.3% of the shares of the company are sold short.

In other news, Director Patrick L. Alexander sold 4,500 shares of the firm’s stock in a transaction that occurred on Tuesday, February 11th. The shares were sold at an average price of $25.08, for a total transaction of $112,860.00. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 18.10% of the company’s stock.

Several institutional investors and hedge funds have recently made changes to their positions in LARK. Vanguard Group Inc. raised its stake in shares of Landmark Bancorp by 5.8% during the 2nd quarter. Vanguard Group Inc. now owns 13,585 shares of the financial services provider’s stock worth $325,000 after buying an additional 745 shares during the last quarter. Kornitzer Capital Management Inc. KS raised its stake in shares of Landmark Bancorp by 10.5% during the 3rd quarter. Kornitzer Capital Management Inc. KS now owns 91,896 shares of the financial services provider’s stock worth $2,153,000 after buying an additional 8,720 shares during the last quarter. California Public Employees Retirement System raised its stake in shares of Landmark Bancorp by 5.0% during the 4th quarter. California Public Employees Retirement System now owns 11,115 shares of the financial services provider’s stock worth $278,000 after buying an additional 529 shares during the last quarter. Koshinski Asset Management Inc. acquired a new position in shares of Landmark Bancorp during the 4th quarter worth $1,725,000. Finally, LSV Asset Management raised its stake in shares of Landmark Bancorp by 5.0% during the 4th quarter. LSV Asset Management now owns 13,068 shares of the financial services provider’s stock worth $327,000 after buying an additional 619 shares during the last quarter. Institutional investors and hedge funds own 19.38% of the company’s stock.

Shares of LARK traded down $0.03 during mid-day trading on Friday, reaching $25.00. 2,700 shares of the company’s stock were exchanged, compared to its average volume of 2,688. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.67 and a quick ratio of 0.65. The stock has a market capitalization of $115.01 million, a PE ratio of 10.78 and a beta of 0.62. The business’s fifty day simple moving average is $25.05 and its 200-day simple moving average is $23.89. Landmark Bancorp has a 52-week low of $21.72 and a 52-week high of $26.00.

Landmark Bancorp (NASDAQ:LARK) last announced its earnings results on Tuesday, January 28th. The financial services provider reported $0.71 earnings per share (EPS) for the quarter. The business had revenue of $12.03 million for the quarter. Landmark Bancorp had a net margin of 20.15% and a return on equity of 10.46%.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 4th. Stockholders of record on Wednesday, February 19th will be given a dividend of $0.20 per share. The ex-dividend date of this dividend is Tuesday, February 18th. This is a positive change from Landmark Bancorp’s previous quarterly dividend of $0.19. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.20%.

Separately, ValuEngine lowered shares of Landmark Bancorp from a “hold” rating to a “sell” rating in a research report on Friday, January 31st.

Landmark Bancorp Company Profile

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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