Landmark Bancorp (NASDAQ:LARK) Coverage Initiated by Analysts at StockNews.com

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

Landmark Bancorp Stock Performance

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

Landmark Bancorp Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 13th will be issued a dividend of $0.21 per share. The ex-dividend date is Wednesday, November 13th. This represents a $0.84 annualized dividend and a yield of 3.81%. Landmark Bancorp’s payout ratio is 37.17%.

Institutional Investors Weigh In On Landmark Bancorp

Institutional investors and hedge funds have recently made changes to their positions in the business. CGN Advisors LLC bought a new stake in Landmark Bancorp in the second quarter worth about $202,000. Empowered Funds LLC raised its stake in shares of Landmark Bancorp by 7.8% in 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 period. Sanctuary Advisors LLC purchased a new position in shares of Landmark Bancorp during the 2nd quarter valued at $338,000. Finally, De Lisle Partners LLP increased its holdings in 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. Institutional investors and hedge funds 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.