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 report published on Thursday. The brokerage issued a hold rating on the financial services provider’s stock.

Landmark Bancorp Stock Performance

Shares of LARK remained flat at $22.06 during trading hours on Thursday. The stock had a trading volume of 327 shares, compared to its average volume of 1,237. Landmark Bancorp has a 12-month low of $17.66 and a 12-month high of $22.58. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.80 and a current ratio of 0.80. The company has a market capitalization of $121.30 million, a PE ratio of 9.76 and a beta of 0.43. The firm’s 50 day simple moving average is $20.59 and its 200 day simple moving average is $19.94.

Landmark Bancorp Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 13th will be paid a $0.21 dividend. The ex-dividend date of this dividend is Wednesday, November 13th. This represents a $0.84 dividend on an annualized basis and a yield of 3.81%. Landmark Bancorp’s dividend payout ratio is presently 37.17%.

Institutional Trading of Landmark Bancorp

Institutional investors and hedge funds have recently made changes to their positions in the stock. CGN Advisors LLC bought a new position in shares of Landmark Bancorp during the 2nd quarter valued at $202,000. Empowered Funds LLC grew its stake in shares of Landmark Bancorp by 7.8% during the first quarter. Empowered Funds LLC now owns 12,043 shares of the financial services provider’s stock valued at $232,000 after buying an additional 875 shares during the last quarter. Sanctuary Advisors LLC purchased a new position in shares of Landmark Bancorp in the second quarter worth about $338,000. Finally, De Lisle Partners LLP lifted its stake 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 valued at $1,369,000 after acquiring an additional 29,637 shares during the last quarter. Hedge funds and other institutional investors 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.