Landmark Bancorp Inc (NASDAQ:LARK) was the target of a significant growth in short interest during the month of August. As of August 31st, there was short interest totalling 2,500 shares, a growth of 92.3% from the July 31st total of 1,300 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 3,900 shares, the days-to-cover ratio is presently 0.6 days.

In other news, Director Patrick L. Alexander sold 7,500 shares of the company’s stock in a transaction that occurred on Thursday, July 18th. The stock was sold at an average price of $24.00, for a total transaction of $180,000.00. Following the completion of the sale, the director now owns 116,873 shares in the company, valued at $2,804,952. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Patrick L. Alexander sold 7,600 shares of the company’s stock in a transaction that occurred on Monday, July 22nd. The stock was sold at an average price of $24.01, for a total value of $182,476.00. Following the sale, the director now owns 116,873 shares of the company’s stock, valued at approximately $2,806,120.73. The disclosure for this sale can be found here. Insiders have sold 15,321 shares of company stock valued at $367,891 in the last 90 days. Company insiders own 18.10% of the company’s stock.

A number of large investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its position in Landmark Bancorp by 5.8% in the second quarter. Vanguard Group Inc. now owns 13,585 shares of the financial services provider’s stock worth $325,000 after acquiring an additional 745 shares in the last quarter. Renaissance Technologies LLC raised its position in Landmark Bancorp by 4.1% in the second quarter. Renaissance Technologies LLC now owns 81,792 shares of the financial services provider’s stock worth $1,959,000 after acquiring an additional 3,200 shares in the last quarter. Kornitzer Capital Management Inc. KS raised its position in Landmark Bancorp by 6.7% in the second quarter. Kornitzer Capital Management Inc. KS now owns 83,176 shares of the financial services provider’s stock worth $1,992,000 after acquiring an additional 5,225 shares in the last quarter. Kennedy Capital Management Inc. raised its position in Landmark Bancorp by 1.8% in the first quarter. Kennedy Capital Management Inc. now owns 89,146 shares of the financial services provider’s stock worth $2,033,000 after acquiring an additional 1,555 shares in the last quarter. Finally, Royce & Associates LP raised its position in Landmark Bancorp by 0.4% in the first quarter. Royce & Associates LP now owns 162,201 shares of the financial services provider’s stock worth $3,700,000 after acquiring an additional 687 shares in the last quarter. Hedge funds and other institutional investors own 19.54% of the company’s stock.

Shares of Landmark Bancorp stock traded down $0.04 during trading hours on Friday, hitting $23.56. 120 shares of the company were exchanged, compared to its average volume of 1,427. Landmark Bancorp has a 1 year low of $21.00 and a 1 year high of $29.44. The company has a current ratio of 0.65, a quick ratio of 0.64 and a debt-to-equity ratio of 0.43. The business has a 50-day moving average of $23.27 and a 200-day moving average of $23.77. The stock has a market capitalization of $102.82 million, a price-to-earnings ratio of 10.24 and a beta of 0.54.

Landmark Bancorp (NASDAQ:LARK) last released its quarterly earnings results on Wednesday, August 7th. The financial services provider reported $0.59 EPS for the quarter. Landmark Bancorp had a return on equity of 10.85% and a net margin of 20.20%. The business had revenue of $11.47 million during the quarter.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 21st. Shareholders of record on Wednesday, August 7th were given a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 3.40%. The ex-dividend date was Tuesday, August 6th.

About Landmark Bancorp

Landmark Bancorp, Inc operates as the bank holding company for Landmark National Bank that provides various financial and banking services. The company offers checking, savings, and money market accounts, as well as certificates of deposit. It also provides various loan products, such as one-to-four family residential real estate, construction and land, commercial real estate, commercial, municipal, and agriculture loans, as well as consumer and other loans, including automobile, boat, home improvement, and home equity loans.

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