Goldman Sachs Group Inc. Takes Position in Landmark Bancorp Inc. $LARK

Goldman Sachs Group Inc. acquired a new stake in shares of Landmark Bancorp Inc. (NASDAQ:LARK) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 7,808 shares of the financial services provider’s stock, valued at approximately $213,000. Goldman Sachs Group Inc. owned 0.14% of Landmark Bancorp as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the company. OneDigital Investment Advisors LLC raised its stake in shares of Landmark Bancorp by 71.7% during the first quarter. OneDigital Investment Advisors LLC now owns 24,128 shares of the financial services provider’s stock valued at $657,000 after purchasing an additional 10,075 shares during the period. Northern Trust Corp raised its stake in shares of Landmark Bancorp by 35.0% during the fourth quarter. Northern Trust Corp now owns 21,017 shares of the financial services provider’s stock valued at $505,000 after purchasing an additional 5,447 shares during the period. Empowered Funds LLC grew its position in shares of Landmark Bancorp by 2.6% during the first quarter. Empowered Funds LLC now owns 14,933 shares of the financial services provider’s stock worth $407,000 after buying an additional 377 shares in the last quarter. Private Advisor Group LLC grew its position in shares of Landmark Bancorp by 3.4% during the first quarter. Private Advisor Group LLC now owns 14,449 shares of the financial services provider’s stock worth $394,000 after buying an additional 480 shares in the last quarter. Finally, Jane Street Group LLC acquired a new stake in shares of Landmark Bancorp during the first quarter worth approximately $308,000. Hedge funds and other institutional investors own 25.66% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Wall Street Zen downgraded shares of Landmark Bancorp from a “buy” rating to a “hold” rating in a research report on Saturday, July 26th.

Landmark Bancorp Stock Down 0.9%

LARK stock opened at $26.99 on Monday. Landmark Bancorp Inc. has a twelve month low of $19.00 and a twelve month high of $31.04. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 1.19. The company has a market capitalization of $156.00 million, a P/E ratio of 9.59 and a beta of 0.28. The firm has a 50 day simple moving average of $26.24 and a 200-day simple moving average of $27.22.

Landmark Bancorp (NASDAQ:LARK) last released its quarterly earnings results on Thursday, July 24th. The financial services provider reported $0.75 earnings per share for the quarter. Landmark Bancorp had a net margin of 17.55% and a return on equity of 12.09%. The business had revenue of $17.31 million during the quarter.

Landmark Bancorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 27th. Shareholders of record on Wednesday, August 13th were issued a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date of this dividend was Wednesday, August 13th. Landmark Bancorp’s payout ratio is currently 29.79%.

About Landmark Bancorp

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.