Kornitzer Capital Management Inc. KS Has $3.18 Million Stock Holdings in Landmark Bancorp Inc. $LARK

Kornitzer Capital Management Inc. KS decreased its holdings in shares of Landmark Bancorp Inc. (NASDAQ:LARK) by 5.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 120,364 shares of the financial services provider’s stock after selling 7,513 shares during the period. Kornitzer Capital Management Inc. KS owned approximately 2.08% of Landmark Bancorp worth $3,182,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of LARK. Jane Street Group LLC acquired a new position in Landmark Bancorp during the first quarter worth $308,000. OneDigital Investment Advisors LLC grew its stake in shares of Landmark Bancorp by 71.7% in the 1st quarter. OneDigital Investment Advisors LLC now owns 24,128 shares of the financial services provider’s stock worth $657,000 after acquiring an additional 10,075 shares in the last quarter. Goldman Sachs Group Inc. bought a new stake in shares of Landmark Bancorp in the 1st quarter worth $213,000. Jones Financial Companies Lllp grew its stake in shares of Landmark Bancorp by 341.5% in the 1st quarter. Jones Financial Companies Lllp now owns 2,000 shares of the financial services provider’s stock worth $54,000 after acquiring an additional 1,547 shares in the last quarter. Finally, Private Advisor Group LLC grew its stake in shares of Landmark Bancorp by 3.4% in the 1st quarter. Private Advisor Group LLC now owns 14,449 shares of the financial services provider’s stock worth $394,000 after acquiring an additional 480 shares in the last quarter. Institutional investors and hedge funds own 25.66% of the company’s stock.

Landmark Bancorp Stock Performance

NASDAQ LARK opened at $26.10 on Friday. Landmark Bancorp Inc. has a 52-week low of $19.09 and a 52-week high of $31.04. The company has a 50-day simple moving average of $26.51 and a 200 day simple moving average of $27.14. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.89 and a current ratio of 0.89. The company has a market capitalization of $150.86 million, a PE ratio of 9.27 and a beta of 0.28.

Landmark Bancorp (NASDAQ:LARK) last posted its quarterly earnings data on Thursday, July 24th. The financial services provider reported $0.75 earnings per share (EPS) 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.

Analysts Set New Price Targets

Several analysts have recently issued reports on the stock. Weiss Ratings lowered shares of Landmark Bancorp from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Saturday. Wall Street Zen lowered shares of Landmark Bancorp from a “buy” rating to a “hold” rating in a research note on Saturday, July 26th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has an average rating of “Hold”.

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.