Kornitzer Capital Reports 364,258 Sole Voting Shares in Landmark Bancorp
Ticker: LARK · Form: SC 13G/A · Filed: Jan 16, 2024 · CIK: 1141688
| Field | Detail |
|---|---|
| Company | Landmark Bancorp Inc (LARK) |
| Form Type | SC 13G/A |
| Filed Date | Jan 16, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, beneficial-ownership
TL;DR
**Kornitzer Capital still holds a big chunk of Landmark Bancorp, showing continued institutional interest.**
AI Summary
Kornitzer Capital Management, Inc. (KCM) filed an amended SC 13G/A on January 16, 2024, disclosing its ownership in Landmark Bancorp, Inc. (LARK) as of December 31, 2023. KCM reported sole voting power over 364,258 shares and shared dispositive power over 120,740 shares of LARK's common stock. This filing indicates a significant institutional investor's continued, albeit slightly adjusted, stake in the company, which can influence investor confidence and potentially the stock's liquidity.
Why It Matters
This filing shows that a major institutional investor, Kornitzer Capital Management, maintains a substantial position in Landmark Bancorp, signaling their ongoing confidence in the company's prospects. For investors, this can be a positive indicator, suggesting that professional money managers see value in the stock.
Risk Assessment
Risk Level: low — This filing is an update on an existing institutional holding, not a new position or a significant divestment, indicating stable ownership.
Analyst Insight
An investor should note that a significant institutional holder like Kornitzer Capital Management continues to hold a substantial position in Landmark Bancorp, which could be seen as a vote of confidence. However, the specific change in ownership from previous filings would need to be reviewed to understand if this represents an increase or decrease in their overall stake.
Key Numbers
- 364,258 — Sole Voting Power Shares (Represents the number of shares Kornitzer Capital Management, Inc. can vote independently.)
- 120,740 — Shared Dispositive Power Shares (Represents the number of shares Kornitzer Capital Management, Inc. can decide to sell or transfer in conjunction with others.)
Key Players & Entities
- Kornitzer Capital Management, Inc. (company) — the reporting person and institutional investor
- Landmark Bancorp, Inc. (company) — the issuer of the securities
- 364,258 (dollar_amount) — number of shares with sole voting power held by KCM
- 120,740 (dollar_amount) — number of shares with shared dispositive power held by KCM
- December 31, 2023 (date) — the date of the event requiring the filing
- January 16, 2024 (date) — the filing date of the SC 13G/A
Forward-Looking Statements
- Kornitzer Capital Management will maintain a significant, stable stake in Landmark Bancorp, Inc. over the next year. (Kornitzer Capital Management, Inc.) — medium confidence, target: December 31, 2024
FAQ
What is the purpose of this SC 13G/A filing?
This SC 13G/A filing is an amendment (Amendment No. 5) to a Schedule 13G, indicating an update to Kornitzer Capital Management, Inc.'s beneficial ownership of Landmark Bancorp, Inc. common stock as of December 31, 2023, filed under Rule 13d-1(b).
Which entity filed this SC 13G/A?
Kornitzer Capital Management, Inc. ("KCM") with IRS Identification No. 48-1069845, incorporated in Kansas, filed this SC 13G/A.
What is the CUSIP number for Landmark Bancorp, Inc. common stock?
The CUSIP number for Landmark Bancorp, Inc. common stock is 51504L107, as stated on the cover page of the filing.
What specific powers does Kornitzer Capital Management, Inc. report over Landmark Bancorp shares?
Kornitzer Capital Management, Inc. reports sole voting power over 364,258 shares and shared dispositive power over 120,740 shares of Landmark Bancorp, Inc. common stock, as detailed in items 5 and 8 of the cover page.
What was the 'Date of Event Which Requires Filing of this Statement'?
The 'Date of Event Which Requires Filing of this Statement' was December 31, 2023, as specified on the cover page of the filing.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 16, 2024 regarding LANDMARK BANCORP INC (LARK).