Landmark Bancorp, Inc. (NASDAQ:LARK) Short Interest Update

Landmark Bancorp, Inc. (NASDAQ:LARK) saw a large drop in short interest in August. As of August 31st, there was short interest totalling 23,600 shares, a drop of 6.0% from the August 15th total of 25,100 shares. Based on an average daily trading volume, of 2,500 shares, the short-interest ratio is presently 9.4 days. Approximately 0.6% of the shares of the stock are short sold.

Wall Street Analyst Weigh In

Separately, StockNews.com initiated coverage on Landmark Bancorp in a research note on Thursday. They issued a “hold” rating for the company.

Landmark Bancorp Price Performance

LARK stock opened at $20.44 on Friday. The firm has a market cap of $111.88 million, a P/E ratio of 9.64 and a beta of 0.44. The firm’s fifty day moving average is $20.10 and its 200 day moving average is $19.57. Landmark Bancorp has a 52 week low of $15.70 and a 52 week high of $21.78. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.80 and a current ratio of 0.80.

Landmark Bancorp (NASDAQ:LARK) last posted its quarterly earnings results on Monday, August 5th. The financial services provider reported $0.55 earnings per share (EPS) for the quarter. The business had revenue of $14.69 million during the quarter. Landmark Bancorp had a net margin of 13.59% and a return on equity of 9.20%.

Landmark Bancorp Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 4th. Shareholders of record on Wednesday, August 21st were paid a $0.21 dividend. The ex-dividend date of this dividend was Wednesday, August 21st. This represents a $0.84 dividend on an annualized basis and a yield of 4.11%. Landmark Bancorp’s dividend payout ratio (DPR) is currently 39.62%.

Institutional Trading of Landmark Bancorp

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Sanctuary Advisors LLC bought a new position in shares of Landmark Bancorp during the second quarter valued at about $338,000. CGN Advisors LLC bought a new stake in shares of Landmark Bancorp in the second quarter worth about $202,000. Empowered Funds LLC increased its holdings in Landmark Bancorp by 7.8% during the 1st quarter. Empowered Funds LLC now owns 12,043 shares of the financial services provider’s stock valued at $232,000 after purchasing an additional 875 shares during the period. Finally, Private Advisor Group LLC bought a new position in Landmark Bancorp during the 4th quarter valued at approximately $240,000. Institutional investors own 25.66% of the company’s stock.

About Landmark Bancorp

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.