Landmark Bancorp, Inc. (NASDAQ:LARK) Short Interest Up 20.9% in January

Landmark Bancorp, Inc. (NASDAQ:LARK) was the target of a significant growth in short interest during the month of January. As of January 31st, there was short interest totalling 27,200 shares, a growth of 20.9% from the January 15th total of 22,500 shares. Approximately 0.7% of the company’s stock are short sold. Based on an average daily volume of 5,700 shares, the days-to-cover ratio is currently 4.8 days.

Landmark Bancorp Stock Performance

Shares of LARK traded up $0.24 during trading hours on Monday, hitting $25.74. The company had a trading volume of 10,664 shares, compared to its average volume of 3,699. The firm has a market cap of $148.78 million, a price-to-earnings ratio of 11.36 and a beta of 0.46. The business has a fifty day moving average of $24.16 and a 200-day moving average of $22.09. Landmark Bancorp has a 12 month low of $17.05 and a 12 month high of $26.75. The company has a quick ratio of 0.79, a current ratio of 0.80 and a debt-to-equity ratio of 0.81.

Landmark Bancorp (NASDAQ:LARK) last issued its quarterly earnings data on Tuesday, February 4th. The financial services provider reported $0.71 earnings per share for the quarter. Landmark Bancorp had a net margin of 14.51% and a return on equity of 10.51%.

Landmark Bancorp Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 5th. Stockholders of record on Wednesday, February 19th will be given a $0.21 dividend. The ex-dividend date is Wednesday, February 19th. This is a positive change from Landmark Bancorp’s previous quarterly dividend of $0.20. This represents a $0.84 annualized dividend and a dividend yield of 3.26%. Landmark Bancorp’s dividend payout ratio is presently 35.32%.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on shares of Landmark Bancorp in a research note on Monday, February 10th. They issued a “hold” rating for the company.

Insider Buying and Selling

In other Landmark Bancorp news, Director Michael E. Scheopner sold 3,097 shares of the stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $25.31, for a total value of $78,385.07. Following the completion of the sale, the director now owns 131,269 shares in the company, valued at $3,322,418.39. This trade represents a 2.30 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Patrick L. Alexander sold 20,000 shares of the stock in a transaction on Monday, February 10th. The shares were sold at an average price of $24.53, for a total transaction of $490,600.00. Following the completion of the sale, the director now owns 80,285 shares of the company’s stock, valued at approximately $1,969,391.05. This represents a 19.94 % decrease in their position. The disclosure for this sale can be found here. 17.20% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Landmark Bancorp

Several large investors have recently modified their holdings of LARK. CGN Advisors LLC increased its position in 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 acquiring an additional 526 shares during the period. Empowered Funds LLC increased its position in Landmark Bancorp by 5.2% during the third quarter. Empowered Funds LLC now owns 13,613 shares of the financial services provider’s stock worth $275,000 after acquiring an additional 670 shares during the period. Private Advisor Group LLC increased its position in Landmark Bancorp by 5.0% during the fourth quarter. Private Advisor Group LLC now owns 13,969 shares of the financial services provider’s stock worth $335,000 after acquiring an additional 660 shares during the period. OneDigital Investment Advisors LLC increased its position in Landmark Bancorp by 5.0% during the fourth quarter. OneDigital Investment Advisors LLC now owns 14,053 shares of the financial services provider’s stock worth $337,000 after acquiring an additional 671 shares during the period. Finally, Sanctuary Advisors LLC bought a new position in Landmark Bancorp in the 2nd quarter valued at about $338,000. 25.66% of the stock is 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, such as automobile, boat, and home improvement and home equity loans, as well as insurance, and mobile and online banking services.