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

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

Landmark Bancorp Stock Performance

Shares of NASDAQ:LARK opened at $24.94 on Friday. The firm’s 50 day simple moving average is $21.25 and its 200 day simple moving average is $20.29. Landmark Bancorp has a fifty-two week low of $17.90 and a fifty-two week high of $25.00. The company has a market capitalization of $137.19 million, a price-to-earnings ratio of 11.04 and a beta of 0.43. 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 Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 13th were issued a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 3.37%. The ex-dividend date of this dividend was Wednesday, November 13th. Landmark Bancorp’s dividend payout ratio (DPR) is 37.17%.

Institutional Trading of Landmark Bancorp

Hedge funds have recently added to or reduced their stakes in the business. De Lisle Partners LLP grew its stake in 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 acquiring an additional 29,637 shares during the period. Sanctuary Advisors LLC acquired a new position in shares of Landmark Bancorp in the 2nd quarter valued at approximately $338,000. Empowered Funds LLC increased its stake 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 worth $275,000 after purchasing an additional 670 shares in the last quarter. Finally, CGN Advisors LLC acquired a new stake in Landmark Bancorp during the 2nd quarter worth approximately $202,000. Institutional investors and hedge funds 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.