Geode Capital Management LLC Sells 1,357 Shares of Landmark Bancorp, Inc. (NASDAQ:LARK)

Geode Capital Management LLC decreased its position in Landmark Bancorp, Inc. (NASDAQ:LARK) by 3.0% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 43,192 shares of the financial services provider’s stock after selling 1,357 shares during the quarter. Geode Capital Management LLC owned approximately 0.79% of Landmark Bancorp worth $872,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of LARK. De Lisle Partners LLP raised its position in shares of Landmark Bancorp by 78.1% in the third quarter. De Lisle Partners LLP now owns 67,595 shares of the financial services provider’s stock valued at $1,369,000 after purchasing an additional 29,637 shares during the period. Sanctuary Advisors LLC bought a new position in shares of Landmark Bancorp in the second quarter valued at approximately $338,000. Finally, Empowered Funds LLC raised its position in shares of 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 purchasing an additional 670 shares during the period. Institutional investors own 25.66% of the company’s stock.

Landmark Bancorp Trading Down 0.3 %

Shares of LARK stock opened at $22.92 on Friday. Landmark Bancorp, Inc. has a 1 year low of $17.05 and a 1 year high of $25.25. The firm’s fifty day simple moving average is $23.40 and its 200 day simple moving average is $21.23. The firm has a market capitalization of $132.39 million, a P/E ratio of 10.65 and a beta of 0.46. The company has a current ratio of 0.80, a quick ratio of 0.79 and a debt-to-equity ratio of 0.81.

Landmark Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Wednesday, November 13th were given a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 3.66%. The ex-dividend date of this dividend was Wednesday, November 13th. Landmark Bancorp’s dividend payout ratio (DPR) is currently 37.21%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com began coverage on shares of Landmark Bancorp in a research report on Thursday. They set a “hold” rating on the stock.

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.