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

Landmark Bancorp, Inc. (NASDAQ:LARK - Get Free Report) was the recipient of a large increase in short interest in December. As of December 31st, there was short interest totalling 22,300 shares, an increase of 10.9% from the December 15th total of 20,100 shares. Currently, 0.5% of the company's stock are short sold. Based on an average trading volume of 4,400 shares, the short-interest ratio is presently 5.1 days.

Analyst Upgrades and Downgrades

Separately, StockNews.com assumed coverage on Landmark Bancorp in a research note on Friday. They issued a "hold" rating on the stock.

Landmark Bancorp Stock Down 1.2 %

Shares of NASDAQ LARK traded down $0.29 during trading hours on Friday, hitting $24.20. 4,121 shares of the stock were exchanged, compared to its average volume of 3,577. Landmark Bancorp has a 12 month low of $17.05 and a 12 month high of $25.25. The firm has a fifty day moving average price of $23.67 and a 200-day moving average price of $21.44. The company has a quick ratio of 0.79, a current ratio of 0.80 and a debt-to-equity ratio of 0.81. The company has a market cap of $139.78 million, a PE ratio of 11.24 and a beta of 0.46.

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 annualized dividend and a yield of 3.47%. Landmark Bancorp's dividend payout ratio (DPR) is 37.21%.

Institutional Investors Weigh In On Landmark Bancorp

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in LARK. CGN Advisors LLC increased 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 valued at $265,000 after acquiring an additional 526 shares in the last quarter. De Lisle Partners LLP grew its position in Landmark Bancorp by 78.1% during the 3rd quarter. De Lisle Partners LLP now owns 67,595 shares of the financial services provider's stock worth $1,369,000 after purchasing an additional 29,637 shares during the last quarter. Empowered Funds LLC increased its stake in Landmark Bancorp by 5.2% during the 3rd quarter. Empowered Funds LLC now owns 13,613 shares of the financial services provider's stock valued at $275,000 after purchasing an additional 670 shares in the last quarter. Finally, Sanctuary Advisors LLC purchased a new position in shares of Landmark Bancorp in the second quarter worth $338,000. 25.66% of the stock is currently owned by hedge funds and other 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.