Landmark Bancorp (NASDAQ:LARK) Coverage Initiated by Analysts at StockNews.com

StockNews.com began coverage on shares of Landmark Bancorp (NASDAQ:LARK) in a research note published on Monday morning. The brokerage issued a hold rating on the financial services provider’s stock.

Landmark Bancorp Trading Down 2.5 %

LARK stock opened at $23.52 on Monday. The company has a market capitalization of $135.85 million, a price-to-earnings ratio of 10.93 and a beta of 0.47. The business has a 50 day simple moving average of $22.23 and a two-hundred day simple moving average of $20.73. The company has a debt-to-equity ratio of 0.81, a current ratio of 0.80 and a quick ratio of 0.79. Landmark Bancorp has a 1-year low of $17.05 and a 1-year high of $25.25.

Landmark Bancorp Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Wednesday, November 13th were paid a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 3.57%. The ex-dividend date of this dividend was Wednesday, November 13th. Landmark Bancorp’s payout ratio is 37.21%.

Institutional Investors Weigh In On Landmark Bancorp

Several institutional investors have recently modified their holdings of LARK. Empowered Funds LLC raised its position in Landmark Bancorp by 5.2% in the 3rd quarter. Empowered Funds LLC now owns 13,613 shares of the financial services provider’s stock worth $275,000 after purchasing an additional 670 shares during the period. Sanctuary Advisors LLC purchased a new stake in shares of Landmark Bancorp in the second quarter worth approximately $338,000. Finally, De Lisle Partners LLP lifted its stake in shares of Landmark Bancorp by 78.1% during the 3rd quarter. De Lisle Partners LLP now owns 67,595 shares of the financial services provider’s stock worth $1,369,000 after acquiring an additional 29,637 shares during the last quarter. 25.66% of the stock is owned by institutional investors.

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.