Geode Capital Management LLC Has $872,000 Stock Position in Landmark Bancorp, Inc. (NASDAQ:LARK)

Geode Capital Management LLC decreased its stake in shares of Landmark Bancorp, Inc. (NASDAQ:LARK) by 3.0% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 43,192 shares of the financial services provider’s stock after selling 1,357 shares during the period. Geode Capital Management LLC’s holdings in Landmark Bancorp were worth $872,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Sanctuary Advisors LLC bought a new stake in Landmark Bancorp during the 2nd quarter worth about $338,000. Empowered Funds LLC raised its holdings in Landmark Bancorp by 5.2% during the 3rd quarter. Empowered Funds LLC now owns 13,613 shares of the financial services provider’s stock worth $275,000 after purchasing an additional 670 shares during the last quarter. Finally, De Lisle Partners LLP raised its holdings in Landmark Bancorp by 78.1% during 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 last quarter. Institutional investors and hedge funds own 25.66% of the company’s stock.

Landmark Bancorp Stock Performance

Shares of NASDAQ:LARK opened at $22.92 on Friday. The company has a current ratio of 0.80, a quick ratio of 0.79 and a debt-to-equity ratio of 0.81. The stock has a market capitalization of $132.39 million, a P/E ratio of 10.65 and a beta of 0.46. The business has a 50-day moving average price of $23.40 and a two-hundred day moving average price of $21.23. Landmark Bancorp, Inc. has a 1-year low of $17.05 and a 1-year high of $25.25.

Landmark Bancorp Dividend Announcement

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

Analyst Ratings Changes

Separately, StockNews.com began coverage on Landmark Bancorp in a report on Thursday. 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.