Landmark Bancorp (NASDAQ:LARK) Earns Hold Rating from Analysts at StockNews.com

StockNews.com assumed coverage on shares of Landmark Bancorp (NASDAQ:LARK) in a research report sent to investors on Wednesday morning. The brokerage issued a hold rating on the financial services provider’s stock.

Landmark Bancorp Trading Up 2.8 %

NASDAQ:LARK opened at $22.00 on Wednesday. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 1.19. Landmark Bancorp has a 1-year low of $16.85 and a 1-year high of $22.00. The firm has a market capitalization of $121 million, a price-to-earnings ratio of 9.73 and a beta of 0.43. The stock has a fifty day simple moving average of $20.48 and a 200 day simple moving average of $19.85.

Landmark Bancorp Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 27th. Investors of record on Wednesday, November 13th will be paid a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 3.82%. The ex-dividend date of this dividend is Wednesday, November 13th. Landmark Bancorp’s dividend payout ratio is currently 37.17%.

Institutional Investors Weigh In On Landmark Bancorp

Several hedge funds have recently bought and sold shares of the business. Empowered Funds LLC lifted its stake 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 acquiring an additional 670 shares in the last quarter. CGN Advisors LLC purchased a new stake in shares of Landmark Bancorp during the 2nd quarter worth about $202,000. Finally, Sanctuary Advisors LLC purchased a new stake in shares of Landmark Bancorp during the 2nd quarter worth about $338,000. 25.66% of the stock is owned by hedge funds and other institutional investors.

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.