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

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

Landmark Bancorp Stock Down 0.2 %

Shares of NASDAQ:LARK opened at $24.01 on Wednesday. The company has a market cap of $138.68 million, a price-to-earnings ratio of 11.16 and a beta of 0.47. Landmark Bancorp has a 12 month low of $17.05 and a 12 month high of $25.25. The company has a current ratio of 0.80, a quick ratio of 0.79 and a debt-to-equity ratio of 0.81. The company has a 50-day moving average price of $23.02 and a 200 day moving average price of $21.07.

Landmark Bancorp Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 13th were paid a dividend of $0.21 per share. The ex-dividend date was Wednesday, November 13th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.50%. Landmark Bancorp’s dividend payout ratio is 37.21%.

Institutional Trading of Landmark Bancorp

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. De Lisle Partners LLP increased its position 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 acquiring an additional 29,637 shares during the period. Empowered Funds LLC raised its position in shares of 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. Finally, Sanctuary Advisors LLC bought a new position in Landmark Bancorp in the second quarter worth about $338,000. Hedge funds and other institutional investors own 25.66% of the company’s stock.

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.