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 note published on Friday morning. The firm issued a hold rating on the financial services provider’s stock.

Landmark Bancorp Trading Up 1.7 %

Shares of LARK opened at $23.17 on Friday. The stock’s fifty day simple moving average is $20.86 and its 200-day simple moving average is $20.11. The firm has a market capitalization of $127.44 million, a PE ratio of 10.25 and a beta of 0.43. Landmark Bancorp has a 12-month low of $17.90 and a 12-month high of $23.20. The company has a quick ratio of 0.79, a current ratio of 0.80 and a debt-to-equity ratio of 0.81.

Landmark Bancorp Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 27th. Investors of record on Wednesday, November 13th will be paid a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.63%. The ex-dividend date is Wednesday, November 13th. Landmark Bancorp’s dividend payout ratio (DPR) is 37.17%.

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 grew its position in shares of Landmark Bancorp by 78.1% during the 3rd quarter. De Lisle Partners LLP now owns 67,595 shares of the financial services provider’s stock worth $1,369,000 after buying 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 valued at $275,000 after buying an additional 670 shares during the period. Sanctuary Advisors LLC acquired a new stake in Landmark Bancorp during the 2nd quarter worth $338,000. Finally, CGN Advisors LLC bought a new position in Landmark Bancorp during the second quarter worth about $202,000. 25.66% of the stock is owned by institutional investors and hedge funds.

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.