Empowered Funds LLC Purchases 670 Shares of Landmark Bancorp, Inc. (NASDAQ:LARK)

Empowered Funds LLC increased its position in Landmark Bancorp, Inc. (NASDAQ:LARK) by 5.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 13,613 shares of the financial services provider’s stock after purchasing an additional 670 shares during the period. Empowered Funds LLC’s holdings in Landmark Bancorp were worth $275,000 at the end of the most recent reporting period.

Separately, Sanctuary Advisors LLC bought a new stake in shares of Landmark Bancorp during the 2nd quarter valued at $338,000. 25.66% of the stock is owned by institutional investors and hedge funds.

Landmark Bancorp Stock Performance

Shares of LARK opened at $23.22 on Tuesday. The company has a quick ratio of 0.79, a current ratio of 0.80 and a debt-to-equity ratio of 0.81. The stock has a market cap of $127.73 million, a P/E ratio of 10.27 and a beta of 0.43. The business’s 50 day moving average price is $20.92 and its 200-day moving average price is $20.16. Landmark Bancorp, Inc. has a 52 week low of $17.90 and a 52 week high of $23.90.

Landmark Bancorp Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 13th will be issued a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 3.62%. The ex-dividend date is Wednesday, November 13th. Landmark Bancorp’s dividend payout ratio (DPR) is 37.17%.

Analyst Ratings Changes

Separately, StockNews.com started coverage on shares of Landmark Bancorp in a research note on Friday. They issued a “hold” rating for the company.

Landmark Bancorp Company 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.