SCHEDULE 13G/A: Kornitzer Capital Management Discloses 6.66% Stake in Landmark Bancorp Inc.

Kornitzer Capital Management, Inc. has filed an amended Schedule 13G, revealing a 6.66% beneficial ownership stake in Landmark Bancorp Inc.'s Common Stock as of March 31, 2025.

Summary

• Kornitzer Capital Management, Inc. (KCM) has filed an Amendment No. 8 to its Schedule 13G regarding its holdings in Landmark Bancorp Inc.
• As of March 31, 2025, KCM beneficially owns 385,127 shares of Landmark Bancorp Inc. Common Stock.
• This ownership represents 6.66% of the total class of securities.
• KCM holds sole voting power over all 385,127 shares.
• KCM holds shared dispositive power over 128,404 shares.
• The filing indicates that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing (Schedule 13G) disclosing beneficial ownership. It contains factual information about a stake held by an investment advisor and does not inherently convey positive or negative sentiment about the issuer's performance or outlook, beyond the implicit confidence of an institutional holding.

Positives

• The disclosure of a significant stake by an institutional investment advisor like Kornitzer Capital Management can signal confidence in Landmark Bancorp Inc.'s long-term prospects.
• The holding is stated to be in the ordinary course of business, indicating a passive investment rather than an activist stance that might imply underlying issues.

Negatives

• The document does not contain any negative information; it is a standard ownership disclosure.

Risks

• The primary risk associated with this filing is the potential for Kornitzer Capital Management to reduce its stake in Landmark Bancorp Inc., which could exert downward pressure on the stock price.

Future Outlook

This Schedule 13G filing does not provide any forward-looking statements or guidance regarding Landmark Bancorp Inc.'s future performance or strategic direction.

Management Comments

• Joe Neuberger, President of Kornitzer Capital Management Inc., certified that 'to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under 240.14a-11.'

Industry Context

This filing is a routine disclosure required by the SEC when an institutional investor's beneficial ownership of a company's stock exceeds 5%. It reflects ongoing investment activity within the financial services sector, where investment advisors regularly adjust their portfolio holdings based on market conditions and investment strategies.

Stakeholder Impact

• Shareholders: Provides transparency regarding significant institutional ownership, which can influence market perception and liquidity.

Key Dates

Keywords

Landmark Bancorp Inc., Kornitzer Capital Management, Schedule 13G, Common Stock, Beneficial Ownership, Institutional Investor, Financial Services, Banking, Investment Advisor