Landmark Bancorp, Inc. (NASDAQ:LARK) Sees Large Increase in Short Interest

Landmark Bancorp, Inc. (NASDAQ:LARK) saw a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 22,300 shares, a growth of 10.9% from the December 15th total of 20,100 shares. Approximately 0.5% of the company’s shares are sold short. Based on an average trading volume of 4,400 shares, the short-interest ratio is presently 5.1 days.

Analysts Set New Price Targets

Separately, StockNews.com assumed coverage on Landmark Bancorp in a report on Friday. They issued a “hold” rating for the company.

Institutional Investors Weigh In On Landmark Bancorp

Hedge funds and other institutional investors have recently made changes to their positions in the stock. CGN Advisors LLC grew its holdings in shares of Landmark Bancorp by 5.0% during the fourth quarter. CGN Advisors LLC now owns 11,045 shares of the financial services provider’s stock worth $265,000 after buying an additional 526 shares in the last quarter. De Lisle Partners LLP increased its holdings in Landmark Bancorp by 78.1% during the third quarter. De Lisle Partners LLP now owns 67,595 shares of the financial services provider’s stock worth $1,369,000 after buying an additional 29,637 shares during the last quarter. Empowered Funds LLC increased its stake in shares of Landmark Bancorp by 5.2% during the 3rd quarter. Empowered Funds LLC now owns 13,613 shares of the financial services provider’s stock worth $275,000 after purchasing an additional 670 shares during the last quarter. Finally, Sanctuary Advisors LLC bought a new stake in Landmark Bancorp in the second quarter valued at approximately $338,000. 25.66% of the stock is currently owned by institutional investors and hedge funds.

Landmark Bancorp Stock Performance

Shares of Landmark Bancorp stock opened at $24.20 on Monday. Landmark Bancorp has a 12 month low of $17.05 and a 12 month high of $25.25. The stock’s fifty day simple moving average is $23.67 and its 200 day simple moving average is $21.44. The company has a market capitalization of $139.78 million, a PE ratio of 11.24 and a beta of 0.46. The company has a current ratio of 0.80, a quick ratio of 0.79 and a debt-to-equity ratio of 0.81.

Landmark Bancorp Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Wednesday, November 13th were paid a dividend of $0.21 per share. The ex-dividend date was Wednesday, November 13th. This represents a $0.84 dividend on an annualized basis and a yield of 3.47%. Landmark Bancorp’s payout ratio is 37.21%.

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.