Landmark Bancorp (NASDAQ:LARK) Now Covered by Analysts at StockNews.com

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

Landmark Bancorp Stock Performance

Shares of Landmark Bancorp stock opened at $22.06 on Thursday. The company’s 50 day moving average price is $20.62 and its two-hundred day moving average price is $19.99. The firm has a market capitalization of $121.33 million, a P/E ratio of 9.76 and a beta of 0.43. Landmark Bancorp has a fifty-two week low of $17.66 and a fifty-two week high of $22.58. The company has a debt-to-equity ratio of 0.81, a current ratio of 0.80 and a quick ratio of 0.80.

Landmark Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 27th. Investors of record on Wednesday, November 13th will be given a dividend of $0.21 per share. The ex-dividend date of this dividend is Wednesday, November 13th. This represents a $0.84 dividend on an annualized basis and a yield of 3.81%. Landmark Bancorp’s dividend payout ratio is currently 37.17%.

Hedge Funds Weigh In On Landmark Bancorp

A number of institutional investors and hedge funds have recently bought and sold shares of LARK. De Lisle Partners LLP grew its holdings in shares of Landmark Bancorp by 78.1% during the third quarter. De Lisle Partners LLP now owns 67,595 shares of the financial services provider’s stock worth $1,369,000 after purchasing an additional 29,637 shares during the last quarter. Sanctuary Advisors LLC acquired a new stake in Landmark Bancorp during the 2nd quarter worth approximately $338,000. CGN Advisors LLC bought a new stake in Landmark Bancorp during the 2nd quarter worth approximately $202,000. Finally, Empowered Funds LLC increased its position in Landmark Bancorp by 7.8% in the 1st quarter. Empowered Funds LLC now owns 12,043 shares of the financial services provider’s stock valued at $232,000 after acquiring an additional 875 shares during the period. Institutional investors and hedge funds own 25.66% of the company’s stock.

Landmark Bancorp Company Profile

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.