Landmark Bancorp, Inc. (NASDAQ:LARK) Shares Purchased by CGN Advisors LLC

CGN Advisors LLC grew its stake in shares of Landmark Bancorp, Inc. (NASDAQ:LARK) by 5.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,045 shares of the financial services provider’s stock after acquiring an additional 526 shares during the period. CGN Advisors LLC owned about 0.19% of Landmark Bancorp worth $265,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of LARK. Empowered Funds LLC increased its holdings in Landmark Bancorp by 5.2% in the third quarter. Empowered Funds LLC now owns 13,613 shares of the financial services provider’s stock valued at $275,000 after buying an additional 670 shares during the last quarter. Sanctuary Advisors LLC bought a new stake in shares of Landmark Bancorp in the 2nd quarter valued at approximately $338,000. Finally, De Lisle Partners LLP raised its position in shares of 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 valued at $1,369,000 after acquiring an additional 29,637 shares in the last quarter. Institutional investors and hedge funds own 25.66% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on shares of Landmark Bancorp in a research note on Friday. They set a “hold” rating for the company.

Landmark Bancorp Stock Performance

Shares of NASDAQ LARK opened at $24.20 on Friday. 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 firm’s 50-day moving average price is $23.67 and its two-hundred day moving average price is $21.42. Landmark Bancorp, Inc. has a 52-week low of $17.05 and a 52-week high of $25.25. The stock has a market capitalization of $139.88 million, a P/E ratio of 11.24 and a beta of 0.46.

Landmark Bancorp Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Wednesday, November 13th were issued a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 3.47%. The ex-dividend date was Wednesday, November 13th. Landmark Bancorp’s dividend payout ratio (DPR) is 37.17%.

Landmark Bancorp 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.