Landmark Bancorp Inc (NASDAQ:LARK) saw a large decrease in short interest in the month of September. As of September 30th, there was short interest totalling 200 shares, a decrease of 92.6% from the August 30th total of 2,700 shares. Based on an average trading volume of 4,600 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are short sold.
In related news, Director Patrick L. Alexander sold 7,600 shares of the stock in a transaction dated Monday, July 22nd. The stock was sold at an average price of $24.01, for a total transaction of $182,476.00. Following the completion of the sale, the director now directly owns 116,873 shares in the company, valued at approximately $2,806,120.73. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Richard Ball bought 7,116 shares of the company’s stock in a transaction that occurred on Thursday, September 12th. The shares were bought at an average price of $23.35 per share, with a total value of $166,158.60. Following the completion of the acquisition, the director now directly owns 125,479 shares in the company, valued at $2,929,934.65. The disclosure for this purchase can be found here. Over the last 90 days, insiders have purchased 7,865 shares of company stock valued at $183,300 and have sold 15,321 shares valued at $367,891. Corporate insiders own 18.10% of the company’s stock.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its position in Landmark Bancorp by 5.8% during the 2nd quarter. Vanguard Group Inc. now owns 13,585 shares of the financial services provider’s stock valued at $325,000 after purchasing an additional 745 shares during the last quarter. Renaissance Technologies LLC raised its position in shares of Landmark Bancorp by 4.1% in the 2nd 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 shares of Landmark Bancorp by 6.7% in the 2nd 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. Finally, Kennedy Capital Management Inc. raised its position in shares of Landmark Bancorp by 1.8% in the 1st 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. 19.54% of the stock is owned by institutional investors and hedge funds.
LARK traded down $0.10 during midday trading on Friday, reaching $22.80. 3,811 shares of the company’s stock traded hands, compared to its average volume of 5,134. The firm has a fifty day moving average of $23.16 and a two-hundred day moving average of $23.63. The stock has a market capitalization of $100.42 million, a price-to-earnings ratio of 10.00 and a beta of 0.57. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.65 and a quick ratio of 0.64. Landmark Bancorp has a 52 week low of $21.00 and a 52 week high of $29.29.
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. The business had revenue of $11.47 million during the quarter. Landmark Bancorp had a return on equity of 10.85% and a net margin of 20.20%.
Landmark Bancorp Company Profile
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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