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

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

Landmark Bancorp Stock Performance

LARK stock opened at $24.02 on Wednesday. The firm has a market cap of $138.74 million, a PE ratio of 11.16 and a beta of 0.46. 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 price is $23.17 and its two-hundred day moving average price is $21.12. Landmark Bancorp has a 1-year low of $17.05 and a 1-year high of $25.25.

Landmark Bancorp Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 13th were paid a $0.21 dividend. The ex-dividend date was Wednesday, November 13th. This represents a $0.84 annualized dividend and a yield of 3.50%. Landmark Bancorp’s payout ratio is currently 37.21%.

Institutional Investors Weigh In On Landmark Bancorp

Several hedge funds have recently bought and sold shares of the company. Empowered Funds LLC grew its position 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 buying an additional 670 shares in the last quarter. Sanctuary Advisors LLC bought a new stake in shares of Landmark Bancorp during the 2nd quarter valued at approximately $338,000. Finally, De Lisle Partners LLP boosted its position 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 buying an additional 29,637 shares in the last quarter. 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.