Landmark Bancorp (NASDAQ:LARK) Research Coverage Started at StockNews.com

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

Landmark Bancorp Stock Down 1.2 %

LARK stock opened at $24.20 on Friday. Landmark Bancorp has a one year low of $17.05 and a one year high of $25.25. The firm has a market cap of $139.78 million, a PE ratio of 11.24 and a beta of 0.46. The firm’s 50 day moving average price is $23.67 and its 200-day moving average price is $21.44. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.79 and a current ratio of 0.80.

Landmark Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Investors 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 yield of 3.47%. Landmark Bancorp’s dividend payout ratio (DPR) is currently 37.21%.

Institutional Investors Weigh In On Landmark Bancorp

A number of institutional investors have recently made changes to their positions in the stock. De Lisle Partners LLP lifted its holdings in shares of Landmark Bancorp by 78.1% in the 3rd 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 last quarter. Sanctuary Advisors LLC acquired a new position in Landmark Bancorp during the second quarter worth $338,000. Empowered Funds LLC lifted its stake in Landmark Bancorp by 5.2% during the third quarter. Empowered Funds LLC now owns 13,613 shares of the financial services provider’s stock worth $275,000 after purchasing an additional 670 shares in the last quarter. Finally, CGN Advisors LLC boosted its position in shares of Landmark Bancorp by 5.0% during the fourth quarter. CGN Advisors LLC now owns 11,045 shares of the financial services provider’s stock worth $265,000 after buying an additional 526 shares during the period. 25.66% of the stock is currently owned by institutional investors and hedge funds.

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.