Dimensional Fund Advisors LP Has $3.30 Million Stake in Landmark Bancorp, Inc. (NASDAQ:LARK)

Dimensional Fund Advisors LP reduced its stake in Landmark Bancorp, Inc. (NASDAQ:LARK) by 0.6% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 171,786 shares of the financial services provider’s stock after selling 1,046 shares during the period. Dimensional Fund Advisors LP owned about 3.14% of Landmark Bancorp worth $3,298,000 as of its most recent filing with the Securities and Exchange Commission.

Separately, Empowered Funds LLC lifted its stake in Landmark Bancorp by 7.8% in 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 last quarter. Institutional investors and hedge funds own 25.66% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com assumed coverage on shares of Landmark Bancorp in a report on Saturday, October 5th. They set a “hold” rating for the company.

Landmark Bancorp Price Performance

Landmark Bancorp stock opened at $20.25 on Friday. The stock has a 50-day moving average price of $20.19 and a two-hundred day moving average price of $19.65. Landmark Bancorp, Inc. has a 12 month low of $15.70 and a 12 month high of $21.78. The company has a market capitalization of $110.85 million, a PE ratio of 9.55 and a beta of 0.44. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 1.19.

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

Landmark Bancorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 4th. Investors of record on Wednesday, August 21st were paid a $0.21 dividend. The ex-dividend date was Wednesday, August 21st. This represents a $0.84 annualized dividend and a dividend yield of 4.15%. Landmark Bancorp’s dividend payout ratio is 39.62%.

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.