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

StockNews.com assumed coverage on shares of Landmark Bancorp (NASDAQ:LARK) in a report issued on Monday morning. The firm issued a hold rating on the financial services provider’s stock.

Landmark Bancorp Stock Performance

NASDAQ:LARK opened at $24.22 on Monday. The company has a market capitalization of $139.89 million, a price-to-earnings ratio of 11.27 and a beta of 0.47. The business has a 50 day moving average of $22.08 and a 200 day moving average of $20.68. 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 business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 13th were issued a $0.21 dividend. The ex-dividend date was Wednesday, November 13th. This represents a $0.84 annualized dividend and a dividend yield of 3.47%. Landmark Bancorp’s dividend payout ratio is currently 37.21%.

Institutional Investors Weigh In On Landmark Bancorp

Several institutional investors have recently bought and sold shares of the stock. De Lisle Partners LLP grew its holdings in shares of Landmark Bancorp by 78.1% in 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. Empowered Funds LLC boosted its position in Landmark Bancorp by 5.2% during the 3rd quarter. Empowered Funds LLC now owns 13,613 shares of the financial services provider’s stock valued at $275,000 after buying an additional 670 shares during the period. Finally, Sanctuary Advisors LLC purchased a new position in shares of Landmark Bancorp in the second quarter valued at about $338,000. 25.66% of the stock is currently owned by hedge funds and other 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.