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

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

Landmark Bancorp Trading Up 1.3 %

Shares of LARK stock opened at $24.60 on Tuesday. Landmark Bancorp has a twelve month low of $17.05 and a twelve 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 business’s 50 day moving average is $22.56 and its two-hundred day moving average is $20.87. The company has a market capitalization of $142.09 million, a P/E ratio of 11.43 and a beta of 0.47.

Landmark Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Wednesday, November 13th were issued a dividend of $0.21 per share. The ex-dividend date was Wednesday, November 13th. This represents a $0.84 annualized dividend and a yield of 3.41%. Landmark Bancorp’s dividend payout ratio is currently 37.21%.

Institutional Investors Weigh In On Landmark Bancorp

Hedge funds and other institutional investors have recently bought and sold shares of the business. De Lisle Partners LLP lifted its stake 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 valued at $1,369,000 after purchasing an additional 29,637 shares during the period. Empowered Funds LLC grew its holdings 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 during the period. Finally, Sanctuary Advisors LLC purchased a new position in Landmark Bancorp in the 2nd quarter valued at approximately $338,000. 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.