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

CGN Advisors LLC raised its position in Landmark Bancorp, Inc. (NASDAQ:LARK) by 5.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 11,045 shares of the financial services provider’s stock after purchasing an additional 526 shares during the quarter. CGN Advisors LLC’s holdings in Landmark Bancorp were worth $265,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Empowered Funds LLC increased its position in Landmark Bancorp by 5.2% in the 3rd quarter. Empowered Funds LLC now owns 13,613 shares of the financial services provider’s stock valued at $275,000 after acquiring an additional 670 shares during the period. Sanctuary Advisors LLC acquired a new position in shares of Landmark Bancorp during the second quarter valued at $338,000. Finally, De Lisle Partners LLP raised its stake in shares of Landmark Bancorp by 78.1% during 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 in the last quarter. Institutional investors own 25.66% of the company’s stock.

Analysts Set New Price Targets

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

Landmark Bancorp Price Performance

Shares of NASDAQ:LARK opened at $24.20 on Friday. The stock has a market cap of $139.88 million, a price-to-earnings ratio of 11.24 and a beta of 0.46. The company has a debt-to-equity ratio of 0.81, a current ratio of 0.80 and a quick ratio of 0.79. Landmark Bancorp, Inc. has a 12 month low of $17.05 and a 12 month high of $25.25. The stock’s 50 day moving average price is $23.67 and its 200 day moving average price is $21.42.

Landmark Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 13th were paid a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.47%. The ex-dividend date of this dividend was Wednesday, November 13th. Landmark Bancorp’s dividend payout ratio is presently 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.