Empowered Funds LLC Boosts Holdings in Landmark Bancorp, Inc. (NASDAQ:LARK)

Empowered Funds LLC boosted its stake in Landmark Bancorp, Inc. (NASDAQ:LARK) by 6.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 14,556 shares of the financial services provider’s stock after acquiring an additional 943 shares during the period. Empowered Funds LLC owned 0.25% of Landmark Bancorp worth $349,000 as of its most recent filing with the SEC.

Separately, De Lisle Partners LLP raised its holdings in shares of Landmark Bancorp by 78.1% in 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 period. 25.66% of the stock is owned by institutional investors.

Landmark Bancorp Trading Down 1.4 %

Shares of LARK opened at $25.34 on Friday. Landmark Bancorp, Inc. has a fifty-two week low of $17.05 and a fifty-two week high of $26.75. The business has a 50-day moving average of $24.27 and a 200 day moving average of $22.22. The firm has a market cap of $146.47 million, a P/E ratio of 11.19 and a beta of 0.46. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.79 and a current ratio of 0.80.

Landmark Bancorp (NASDAQ:LARK) last issued its earnings results 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 firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 5th. Investors of record on Wednesday, February 19th will be paid a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 3.31%. This is a positive change from Landmark Bancorp’s previous quarterly dividend of $0.20. The ex-dividend date is Wednesday, February 19th. Landmark Bancorp’s payout ratio is currently 35.32%.

Insider Buying and Selling at Landmark Bancorp

In other Landmark Bancorp news, Director Michael E. Scheopner sold 3,097 shares of the firm’s stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $25.31, for a total value of $78,385.07. Following the completion of the transaction, 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Patrick L. Alexander sold 20,000 shares of Landmark Bancorp stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $24.53, for a total value of $490,600.00. Following the transaction, the director now directly owns 80,285 shares of the company’s stock, valued at $1,969,391.05. The trade was a 19.94 % decrease in their position. The disclosure for this sale can be found here. Insiders own 17.20% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on Landmark Bancorp in a report on Tuesday. They set a “hold” rating for the company.

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.